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Friday, November 22, 2024
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    bitcoin
    Bitcoin (BTC) $ 99,272.60
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    HomeExchangeMint Blockchain Secures $1.35M Optimism Grant to Enhance NFT Ecosystem

    Mint Blockchain Secures $1.35M Optimism Grant to Enhance NFT Ecosystem

    • Mint secured a large $1.35 million from Optimism.
    • The funds might be used to “empower builders” and entice new customers to Mint.
    • The L2 token IMX climbed 6.35% in 24 hours whereas OP was up 0.33%.

    Mint blockchain, an Ethereum Layer 2 blockchain targeted on the non-fungible token (NFT) trade, introduced a significant grant of 750,000 OP, equal to $1.35 million, from Optimism, one other layer blockchain 2 constructed on Ethereum.

    In response to Mint's submit on X (previously Twitter), Optimism awarded the funding in spherical 28. Mint is the one superchain to obtain funding on this spherical. An in depth plan outlining future blockchain venture initiatives might be launched quickly. The funds will assist builders and onboard new customers to Mint.

    Mint additionally referred to as on builders to construct on the blockchain and share concepts by the Mint Developer Discussion board. The OP Grant goals to encourage developer progress and consumer engagement throughout the Mint ecosystem.

    You will need to notice that Optimism acquired 53 functions for cycle 28 and solely accredited eight, with two awaiting approval.

    See also  Solana Assessments Inverted Head and Shoulders Sample: Is a Bullish Breakout on the Horizon?

    Efficiency of OP and L2 tokens

    In response to knowledge from CoinMarketCap, the OP token gained 6.7% over the previous 24 hours, buying and selling at $1.76 on the time of writing. With a market capitalization of $2.21 billion, OP ranks because the second largest layer 2 cryptocurrency, with a buying and selling quantity of $138.85 million. The altcoin is up 13.14% over the previous 30 days.

    However, Immutable (IMX), the biggest L2 coin when it comes to valuation, rose by 6.35% within the final 24 hours and is buying and selling at $1.66. The cryptocurrency has climbed 23.50% over the previous 30 days and 213.45% since October 2023. IMX has a market cap of $2.72 billion.

    Different notable altcoins within the L2 ecosystem embrace Mantle (MNT), up 7.38% up to now week; Arbitrum (ARB), buying and selling at $0.5639, up 4.51% within the final 24 hours; and Starknet (STRK), down 81.33% since October 2023.

    Disclaimer: The knowledge offered on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any variety. Coin Version just isn’t chargeable for any losses ensuing from using the content material, services or products talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.

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