Ethereum emerged in 2015 using Layer 1 as its base layer and became the second most powerful crypto after Bitcoin. However, it soon became clear that congestion and scalability issues needed to be addressed, and that’s when Layer 2 was launched.
The upgrades allow crypto investors to benefit from faster transactions and lower fees. They also contribute to Ethereum’s realistic chances of becoming an equally powerful player in the financial world, competing with Mastercard and Visa.
The ever-changing nature of Ethereum is impacting the market, proving that its future is bright and inspiring developers to work on numerous projects that are changing the crypto landscape. This article will cover five cryptos that aim to take advantage of Layer 2 scaling solutions, so keep reading to find out more!
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5 Cryptos Using Layer 2 Scaling Solutions to Buy Now
Analysts predict a rise in the following period and an increasing number of people are joining the global crypto investing community. During this time, the benefits of Layer 2 have become even more important.
Projects built on Layer 2 can handle a greater number of transactions, increasing efficiency and reducing fees along the way, proving that these solutions are the future of Ethereum. Here are the cryptos integrating these solutions:
- Pepe unleashed ($PEPU)
- Crypto Stars ($STARS)
- Flockerz ($FLOCK)
- Memebet Token ($MEMEBET)
- Polygon (MATIC)
Take a closer look at these cryptos to understand their enormous importance to the market now!
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1. Pepe Unchained ($PEPU) – The Most Wanted Crypto Launches Its Layer 2 Blockchain
Pepe Unchained ($PEPU) recently appeared on the market, attracting investors who missed the opportunity to invest in the original Pepe and now want a second chance. While PEPE was launched purely to entertain investors, $PEPU has more ambitious goals. The goal of the creators of $PEPU was to make a splash in the market by creating a platform to create new meme coins.
Its pre-sale is currently underway and more than $22.9 million has been raised. These funds will be dedicated to the launch of Pepe Chain, which will compete with Ethereum and provide the speed and scalability investors desire.
This is the first step toward creating a meme ecosystem that investors want to see, but there’s still a long way to go. A feature called Pepe Frens With Benefits allows $PEPU holders to apply for grants to build on Pepe Chain. Applications are now open, so make sure you make the most of it!
2. Crypto All-Stars ($STARS) – Crypto Uniting Meme Coin Staking under one umbrella
Crypto All-Stars ($STARS) is a revolutionary meme coin project that aims to change the way investors stake their meme tokens, such as Dogecoin and Shiba Inu. Securing $STARS tokens now while their price is still affordable is a first step towards generating massive gains in the near future. Staking $STARS tokens will yield 552% APY.
However, this is just the beginning, as holding Crypto All-Stars’ native token will open the door to staking the eleven most popular meme tokens, leading to handsome gains over time. This ecosystem includes one key element: MemeVault, which was introduced for the very first time.
This is the feature that will also bring the biggest rewards to whales and other meme coin enthusiasts looking for a way to maximize their winnings. ClayBroone of the many crypto analysts attracted to this project, believes that Crypto All-Stars is about to skyrocket during the next meme coin rally, so secure your tokens in time!
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3. Flockerz ($FLOCK) – Meme Coin offering 1522% staking rewards
Flockerz ($FLOCK) is disrupting the market by supporting decentralization. Instead of giving all the power to a few people, this gives the community a chance to raise their voices and express their opinions on the future of the project.
FlockTopia, the decentralized autonomous organization, is the very essence of this project. It allows $FLOCK holders to take advantage of the vote-to-win mechanism. Investors who participate the most in the decision-making process will enjoy the greatest rewards, incentivizing them to be active.
Meanwhile, $FLOCK token staking will now bring 1,522% APY and ongoing rewards over a two-year period, inspiring engagement. The multiple advantages of this project differentiate it from all others in the market, attracting investors to join in time. Over $1 million has been raised, so there’s no time like the present to secure your $FLOCK tokens!
4. Memebet Token ($MEMEBET) – Meme Coin allowing you to bet with Meme Coins
The Memebet token ($MEMEBET) appeared on the market recently, targeting the elite meme degen community. It features the $MEMEBET token as the key that unlocks investor access to Memebet Casino.
This project aims to fill the gap in the market and provide a rewarding experience for users who want to enjoy a variety of casino games and plenty of rewards along the way. This meme coin uses the advantages of Ethereum to provide the transparency and security that users are looking for.
Exploring sports betting will be a breeze for $MEMEBET token holders who want to play with BONK, SHIB, PEPE and other meme coins. Meanwhile, the creators of this project have ensured numerous play2earn airdrops, which will drive engagement over time.
Additionally, there will be no registration process, which some players will greatly appreciate. This means that privacy will be at the highest level, allowing users to just have fun without disturbing privacy. Over $530,000 has been raised so far during the $MEMEBET presale, so this is your chance to join in!
5. Polygon (MATIC) – One of the most prominent players in the crypto space
Polygon (MATIC) was designed to solve Ethereum’s scalability issues. The goal was to overcome these challenges by performing all transactions on an Ethereum-compatible blockchain and then processing them on Ethereum as the final step. This means that traffic jams would be a thing of the past.
MATIC is currently 76th among all cryptocurrencies available on the market. According to CoinMarketCap, its market capitalization is $858.68 million and its value is $0.3281. Despite its usefulness, MATIC has faced challenges of late, as evidenced by last year’s price drop.
However, investors are optimistic about its return and community sentiment is optimistic. Its value is currently in the green zone, having increased by 0.07%, which may be modest, but it is a good start. The importance of MATIC cannot be overlooked, which is why it is on investors’ radar.
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Conclusion
Cryptos are constantly proving their importance and growth potential and are quickly becoming an irreplaceable part of the financial world. $PEPU, $STARS, $FLOCK, $MEMEBET and MATIC are the most sought-after crypto projects that bring Layer 2 benefits.
At the same time, their features attract attention because they hold enormous potential for generating lucrative earnings. Now is the time to secure them and enjoy the winnings in the next period, so don’t miss out!
This is a sponsored post. The opinions expressed are solely those of the sponsor and readers should conduct due diligence before taking any action based on the information presented in this article.