$ETH FOUNDATION SELLS 10K $ETH
The Ethereum Foundation announces plans to sell 10,000 $ETH to fund community development?
- The Ethereum Foundation (EF) has officially confirmed plans to convert 10,000 ETH into cash in the coming weeks, with an estimated total value of around 34 million USD at current prices.
- This is an important move to raise funds for the development and research activities of the Ethereum ecosystem.
The Ethereum Foundation stated that the proceeds from the sale of ETH will be allocated to three main areas:
- Research and Development (R&D): Investing in blockchain technology research projects, improving the Ethereum protocol.
- Funding for projects: Financial support for development teams and projects with potential in the ecosystem.
- Fundraising activities: Contributions to related non-profit organizations and initiatives.
$POL (POLYGON) L2 SWITCH CHART AND LAUNCH THE FIRST L2 ZK
After 5 months, $POL has broken through the accumulation zone of 0.17-0.29x. This is also the longest accumulation zone for this project since the chart switch, full of drama.
Currently, in the $POL ecosystem, there is also $QUICK, which is the AMM DEX of this ecosystem, and the chart has been accumulating in this range for 6-7 months. This indicates a high possibility that this ecosystem will make a comeback and not miss this bull wave.
🪨Anyone playing Lowcap should pay attention to $QUICK. The 0.2-0.25X range has quite a dense accumulation, so keep an eye on it.
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