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Layer-1 leaders poised for a post-Biden comeback – TON BOT

Layer-1 leaders poised for a post-Biden comeback

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by

Shane Neagle, Editor In Chief of The Tokenist, discusses the collapse of Terra (LUNA) in May 2022 and the subsequent FTX exchange catastrophe that popped the crypto bubble. The blockchain narrative has shifted to AI hype, and the Biden administration has been harassing the crypto space. Ethereum, Avalanche, and Cardano are discussed as potential long-term exposure options for investors. Ethereum’s first-mover advantage and token-burning mechanism make it a strong choice, while Avalanche’s unique architecture and partnership with FIFA make it a promising investment. Cardano’s academic approach to blockchain development and upcoming advancements in scaling and smart contracts indicate potential growth. Investors should consider locking in profits with Ethereum in the short term, while Avalanche and Cardano offer potential for gains in the long term.

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