Post
Topic
Board Altcoin Discussion
Re: Layer 1s. Why does anyone invest in any other than Solona?
by
Zee27
on 06/10/2023, 14:02:06 UTC
Market Perception and Hype could be a valid reason for this. Investor sentiment and market trends can heavily influence investment decisions. While Solana has experienced significant growth and attention, other layer 1 blockchains may gain popularity due to specific announcements, partnerships, or perceived technological advantages. Recently I swapped some ETH for SUNDAE via Bitget swap due to its recent hype. This token is on the cardano blockchain.The crypto market is dynamic, and investors may seek to capitalize on emerging trends or perceive opportunities in alternative layer 1 blockchains.