Are Layer 2 projects worth watching now?

[nelson4lov]

~Snipped

You never can tell, once the team is good, community support is decent coupled with exposure from platforms ( bitget etc) op mentioned and bullish market sentiment. Any good token will fly. I'll be back when MAPO starts printing bullish candles😎. Plus you can look at other projects like NUUM & SCA etc. There's excitement on them... NFA

Absolutely. I'm sorry if my previous post came out differently. I have nothing against Mapo. As someone who doesn't trade on Bitget, I'd prefer if Mapo gets listed on mainstream exchanges like Binance/Bybit/Okx. There's only so much exchanges I can give my KYC data too.

Well, that aside; I recently got to know about SCA. In that the token was available on some pre-market platforms like whales market and some OTC desks and listed on Bybit recently. I will keep an eye on it.

QQ: Is there any chance that it is related to this project? https://coinmarketcap.com/currencies/scallop/

[Rasa nanas]

You have explained that the goal of L2 is to increase throughput and cut costs. If transaction fees are high then people will think several times about making transactions, However with the presence of L2 it becomes a transaction option with lower costs. I think L2 is not only important for the future of bitcoin but also important for the future of crypto.

[husencoe]

I believe the 2nd layer coins have a chance to hold.  Because we know that Bitcoin and ETH have so big transaction fees and dense and that make so many crypto users choose layer 2 coins for their transactions.  Especially with the crazy increase at the moment, of course it will make the opportunity to come into contact with the second layer even greater so that will also bring it into this bullish moment.  To invest in layer 2 of course still requires an good analysis.  In my opinion, Polygon is included in one option.  I see polygon as having the potential to continue to improve. I think we will see more coin on layer 2 will bring into the up trend soon.

[Iamcrypticguy]

~Snipped

You never can tell, once the team is good, community support is decent coupled with exposure from platforms ( bitget etc) op mentioned and bullish market sentiment. Any good token will fly. I'll be back when MAPO starts printing bullish candles😎. Plus you can look at other projects like NUUM & SCA etc. There's excitement on them... NFA

Absolutely. I'm sorry if my previous post came out differently. I have nothing against Mapo. As someone who doesn't trade on Bitget, I'd prefer if Mapo gets listed on mainstream exchanges like Binance/Bybit/Okx. There's only so much exchanges I can give my KYC data too.

Well, that aside; I recently got to know about SCA. In that the token was available on some pre-market platforms like whales market and some OTC desks and listed on Bybit recently. I will keep an eye on it.

QQ: Is there any chance that it is related to this project? https://coinmarketcap.com/currencies/scallop/

No. That one is SCLP- something about crypto payment systems. But SCA is a DeFi protocol on sui Blockchain and the first to receive grants of about $3m from them..

https://coinmarketcap.com/currencies/scallop-protocol/

[justdimin]

Looking forward, I've been keeping a close eye on projects like Map Protocol that are showing promise in taking the load off of blockchains. Since they are working to enable cross-chain messaging between Bitcoin Layer 2 networks and others like Ethereum. If successful, this could potentially unlock new interoperable applications. Combined with their own MAPO token, it's starting to look like a full-fledged ecosystem.

Of course the big question is always, can it really deliver at that massive scale? I'm eager to see how real testing shakes out as development progresses. But their MAPO token getting listed on major exchanges like Bitget, Kucoin tells me big exchanges are taking an interest too.

Think about it, If a project like Map protocol pulls off even a fraction of their vision, it could be huge. So let me know your thoughts – do you see Layer 2 as a major part of Bitcoin's future?

I agree that they are at least worth to look at. Doesn't mean you have to invest into them, it just means that you are going to end up with a few more coins that you are going to end up checking. If it does well then it is going to be fine, but if it doesn't do well then you are going to end up with something else.

I believe that the best thing to do would be checking them out as much as you possibly could do. In the end, we are talking about a situation that is only checking, that's it. I hope that we could invest into them and that should be the most important thing. I believe that we should consider the situation to be changing in the end so if it looks good then you are going to do very well as much as possible for sure.

[terrific]

You never can tell, once the team is good, community support is decent coupled with exposure from platforms ( bitget etc) op mentioned and bullish market sentiment. Any good token will fly.

I somehow agree with that but not everything is going to fly on this bull run. Some may do it temporarily but it all depends to the demand from the community.
Despite devs are going to be good with what they work on for these L2 projects. The value of the tokens that they work on will still depend on how welcoming the community is and that's what it will show with its demand reflecting the price of it.