Memecoins dominate exercise as degens flock to the much-hyped Ethereum Layer 2 community in pursuit of the following 100x commerce.
Blast, an Ethereum Layer 2 community with over $2 billion in complete worth locked (TVL), has launched its extremely anticipated mainnet.
Initially scheduled to launch at 1 pm Pacific time, the community seems to have been launched a couple of hours early. Nonetheless, a neighborhood supervisor within the challenge’s Discord continues to induce customers to attend for an official announcement.
That hasn’t stopped DeFi merchants from utilizing an unofficial bridge and piling into memecoins launched on DYORSwap, an aptly-named decentralized alternate. Etherscan exhibits that over 10,000 transfers have been accomplished.
Among the many freshly minted memecoins, BlastCat ( BCAT) is the present chief, buying and selling at a market capitalization of $13 million on the time of writing. In line with DexScreener, the chain has already seen over $24 million of buying and selling quantity.
It needs to be famous that the workforce has but to substantiate any particulars, so interacting with any unofficial contracts isn’t advisable. Blast is being developed by the workforce behind Blur, the main NFT market by buying and selling quantity.
In the meantime, many customers aren’t pleased that the launch info was leaked, taking to the challenge’s Discord to vent their frustration.