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πŸ¦ŽπŸš€ A new Layer-2 is now open to the masses! πŸ‘€

Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox!

Is this the end, Geckos?
   

The rivers are running red, and the markets don't look too good right now. Yet, the show continues with new chains and new kicks.

  

In today's news:
 

  • Which layer is this again? ⛓️

  • Impossible is nothing πŸ‘Ÿ

 

Read on!

24h Hot Searches Worldwide πŸ”₯

  • Brett                            (-15.3%)

  • GALA                             (-7.8%)

  • Non-Playable Coin    (-20.8%)

  • Orbs                             (-6.7%)

  • Ondo                            (-9.4%)

  • Bitcoin                         (-5.1%)

  • Solana                        (-11.8%)

New Tokens Spike in Memecoin Seasons

 

Memecoin season in May 2023 led to a jump in new tokens launched, reaching a 104,118 monthly record high at the time.

 
With the return of memecoin season this year, March 2024 set a new record high of 195,735 new tokens launched.

Which layer is this again? ⛓️

 

Following the recent trend of centralized exchanges launching their own Layer-2s, OKX has also jumped on the bandwagon with the mainnet launch of X Layer.
 

The Ethereum-based zero knowledge rollup is built using the Polygon CDK and will be the first network to utilize Polygon's AggLayer technology.

 

Previously dubbed 'X1', the L2's testnet was launched last November and featured over 50 different applications in its first week.

 

As of their recent announcement, over 200 projects are currently being built on X Layer, with more than 170 decentralized applications already live for users to interact with.

Unlike other L2s, users will need OKX's native utility token, OKB, to pay transaction fees on X Layer.

 

The price of OKB rose by 11.1% from $55.52 to a peak of $61.67 upon the public launch of X Layer but has fallen lower to $59.30 as of the time of writing.

 

Editor's Take:
With Coinbase's Base L2 surging in popularity in recent weeks, it is possible for X Layer to perform just as well, despite the current market sentiment. Besides that, it might not be a bad idea to bridge over to X Layer for some new apps to play with. As the Arbitrum and Optimism airdrops have shown, it often pays to be an early and frequent user of new networks.

 

Manta Network is another L2 getting some attention recently. Did you know it also has a sister network built on the Polkadot ecosystem? Learn how they differ and how they work in this video!

Impossible is nothing πŸ‘Ÿ

 

After they collaborated with ASICS in 2022, STEPN has now teamed up with Adidas to launch a new collection of sneakers and merchandise.

The duo will launch a new batch of 1,000 sneakers on Solana known as the 'STEPN x Adidas Genesis Collection', which will be based on the most popular designs from the three-stripes company.

The sneakers will be raffled off on STEPN's affiliated NFT marketplace, MOOAR, starting tomorrow.

In fact, this will be the first of several phygital NFT drops planned for STEPN and Adidas's one-year partnership.

 
While news of the partnership caused the price of STEPN's governance token, GMT, to rise slightly by 3.5% from $0.259 to $0.268, the token is currently trading lower at $0.235 today.

CoinGecko Turns 10!

   

Celebrate CoinGecko's 10th Year Anniversary with us with weekly giveaways in April, and learn more about our anniversary partners, Zeebu, Polkadot and Pixels!

 
Join the Fountain of ΞΌ campaign, and trade GMCI Index Perps on WOO X. New users will get up to $50 Welcome Bonus!  

 
This April 2024, WOO X will be the first CEX to launch 2 innovative products, i.e. fractionalized blue chip NFTs with a $1.29M in FLC prize pool, and trade 3 types of GMCI Index Perps. Also, exclusively for CoinGecko users, new users on WOO X will get up to $50 Welcome Bonus!

   

Bitcoin Price Prediction: Machine Learning in Python
 
In today's guide, learn how to train a linear regression model to predict Bitcoin price, using real-time and historical Bitcoin price data from CoinGecko API with Python.
 
Prerequisites: You'll need a basic understanding of Python programming and a CoinGecko Demo API key to follow along.

In Other News...

 

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