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Arbitrum has been making a name for itself for several months with its Layer 2 network and the updates it has made. Layer 2 solutions are known to be crucial for increasing transaction throughput and efficiency in blockchain networks. With a strong development team and active community, Arbitrum is positioning itself as a major contender in the Tier 2 race.
Arbitrum is launching a new upgrade called Stylus to improve protocol performance. On its website, Stylus is described as: “A powerful new way to build on Arbitrum.” Stylus will provide a new way to write smart contracts by offering a second, equivalent virtual machine that is fully interoperable with the EVM.
Steven Goldfeder, one of the founders of the network, stated that Stylus is nearing completion. He announced that it could be a great convenience for developers as it will allow more languages, better tools and cheaper processes for Stylus applications that can benefit users.
Stylus is nearing completion and with its launch Arbitrum chains will go multiVM
And it’s gonna be a massive unlock for developers (more languages, better tooling) and users (even cheaper txs for Stylus apps).
NEWS CONTINUES BELOW— Steven Goldfeder (@sgoldfed) May 2, 2024
Arbitrum’s BOLD testnet has also gone live. Once integrated into the mainnet, the update will enable permissionless verification in Arbitrum. In addition to protecting the network, BOLD also verifies Ethereum withdrawals.
With all these developments, the question “Is Arbitrum a good investment and will it rise?” The question is on the agenda of investors. According to analysts’ comments, recent developments in its ecosystem may contribute to a large price increase in the long run. It may not hit $10 anytime soon. However, according to the price prediction on Captain Altcoin, the cryptocurrency may reach $2.55 by the end of 2024. At the time of writing, the ARB token stands at $1.03.
While the developments in the ARB network are being followed, it is claimed that three ARB alternative tokens are currently attracting attention. Sealana (SEAL)attracts the attention of investors with a different meme character. Dogeversewants to shape the future of crypto with its multi-chain structure. eTukTuk (TUK) Token, on the other hand, tries to offer its users a cleaner transportation network. In this article, the details of the projects are mentioned.
Sealana (SEAL) – New Meme Coin Based on Solana
Purchasing Sealana tokens allows you to participate in an airdrop-style pre-sale. Investors simply transfer SOL to their pre-sale wallet addresses. SEAL will be automatically distributed to participating wallets once the pre-sale ends.
Unlike many meme coin projects, Sealana did not opt for a dog theme. Instead, it’s based on a plump seal. The character Sealana creates a fun and unique meme story as she is obsessed with finding the best Solana meme coins.
As has been observed with many successful cryptocurrencies in the past, a strong community is currently forming on Sealana. That’s why the SEAL is likely to attract a lot of interest after pre-sale.
Currently, 6900 SEAL tokens can be purchased for 1 SOL. This makes Sealana particularly attractive to investors with little capital because they do not have to buy just a small portion of a token. Overall, SEAL’s token price suggests there may be plenty of room for growth.
Dogeverse (DOGEVERSE) – New Multi-Chain Meme Coin
Buying Dogeverse tokens means investing in the character Cosmo, “the world’s first chain-to-chain traveling Doge,” born from a collapsing supernova. Cosmo’s special ability is hyperjump, which allows him to easily navigate through chains.
With DOGEVERSE, the meme coin industry encountered the fantastic narrative mentioned above. The team’s attitude is exemplary. Because it not only entertains, but also cares about its participants and offers them various rewards.
It is stated that the rewards are 6088 DOGEVERSE per Ethereum (ETH) block and will be paid for 2 years. DOGEVERSE, which has achieved more than 13 million pre-sales revenue with a pre-sale target of 17 million, is currently sold for $ 0.00031. The total number of coins in DOGEVERSE is 200 billion.
eTukTuk (TUK) – Project Aiming to Provide a More Sustainable Transportation Network
Buying eTukTuk tokens could mean combining the beneficial features of blockchain with environmentally friendly transportation. The eTukTuk project is based on a popular theme that may play an important role in the future. He wants to reform polluting transportation his way.
Since the demand for green solutions has been huge in recent years, eTukTuk can also be expected to achieve serious success. The aim of the project is to reduce CO2 emissions and address economic gaps, focusing mostly on developing countries and markets.
A transportation solution powered by blockchain technology can reach a large number of users. This is said to be the launch of an electric network with associated charging stations and other necessary organizational accessories.
Native token TUK is selling for $0.031. A total of 300 million TUK tokens are available in the pre-sale. It is said that the revenue generated from this will be used to develop and launch projects and applications running on eTukTuk.
Click to review eTukTuk token
*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
Source : Sealana, Dogeverse, eTukTuk