Why will ERC-404 tokens shape the next generation of crypto wallets?
The ERC-404 token standard is leading a wave of change in the cryptocurrency wallet space, redefining user experience and security paradigms.
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The ERC-404 token standard is leading a wave of change in the cryptocurrency wallet space, redefining user experience and security paradigms.
Coingecko's study suggests selling airdropped tokens within 14 days for maximum profit. Market dynamics show varied results based on market conditions, with bullish trends potentially returning in 2023 and 2024.
Of the 50 largest airdrops, 23 (46%) recorded token price peaks within two weeks of the airdrop date. This suggests that the best time to sell airdrop tokens may be within 14 days of receiving the airdrop tokens for maximum profit.
ERC404 tokens also provide better liquidity for NFTs. Users can sell ERC404 tokens directly on DEX instead of waiting for buyers in the NFT trading market.
Between January and December 2023, more than 370,000 tokens were launched on Ethereum alone, of which approximately 168,600 were tradable on at least one decentralized exchange (DEX).
Linea stands among numerous rollups currently operational on the Ethereum blockchain. Having commenced its operations in July, the network boasts over 150 deployed dApps, attracting more than 100,000 weekly active users.
The immutability of blockchain transactions is both a blessing and a curse.
According to WhaleStats, the 1,000 largest ETH wallets collectively hold $2.35 billion worth of SHIB, or about 9% of the total market capitalization.