The Layer-2 crypto market has been somewhat disappointing. The prices of leading tokens such as Arbitrum and Optimism have struggled to generate decent returns even as the broader market has rallied.
A stagnant Layer-2 market has resulted in traders looking for alternatives to already established leaders that are weighed down by their massive market capitalization and often haunted by token unlocks.
Infinaeon has become the leader of the new Layer-2 wave due to numerous utility and tokenomics features that appear to have overcome the issues facing the likes of OP and ARB.
Infinaeon aims to provide a robust platform for developers and users to build and interact with decentralized applications, offering faster transaction speeds and lower fees than the Ethereum mainnet.
Infinaeon’s mainnet recently went live, and new blocks are being regularly confirmed on the chain. This marks a significant step forward in the project’s development, demonstrating its commitment to delivering a functional and efficient scaling solution. The presale saw major whale buys during the main net launch with some exceeding $50,000.
Adding to the bullish sentiment is a 50% bonus promotion, which enables investors to acquire up to 50% additional INF tokens on top of what they purchase by entering the INF42 code on the presale page.
INF Bonus Code Follows Successful Mainnet Launch
The Infinaeon mainnet is officially live. Anyone can track its activity through the official explorer on the website. Activity has been steadily increasing, and blocks are steadily being confirmed.
The Infinaeon mainnet is the project’s live blockchain network where transactions are processed and validated. This launch is crucial because it signifies the transition from a theoretical concept to a functional platform. It allows users to experience the network’s capabilities firsthand, including faster transaction speeds and lower fees compared to Ethereum’s mainnet.
In the days leading up to the mainnet launch, excitement was palpable, with some whales investing over $50,000 in the project. This demonstrated strong confidence in Infinaeon’s potential and contributed to the growing anticipation for the mainnet launch.
The mainnet launch was quickly followed by the “INF42” promotional bonus, which offers investors a 50% bonus in INF tokens on top of their purchase during the presale. This strategic move aimed to capitalize on the momentum generated by the successful mainnet launch and further incentivize investment in the project.
Partly due to this bonus, presale buys have continued to flow even after the mainnet launch. The combination of a functional mainnet and an attractive bonus offer has created a compelling proposition for investors, solidifying Infinaeon’s position as a promising contender in the Layer-2 space.
Whales appear to be adding to their INF bags as the DEX launch approaches.INF Token Buying Pressure Throws Shade on ARB and OP
While the INF token has been hitting its stride, the rest of the Layer-2 token market has been struggling. ARB and OP have failed to post similar returns to the broader market as their hefty market capitalization and ongoing token unlocks have hampered price action.
In contrast, INF’s low initial market cap of $10.25 million presents a compelling opportunity for growth. This smaller starting point allows for greater potential price appreciation compared to established Layer-2 tokens with larger valuations.
Furthermore, Infinaeon’s unique compound staking feature sets it apart from the competition. This feature allows users to earn rewards on their staked INF tokens, further incentivizing long-term holding and contributing to the project’s overall stability.
The INF community is firmly behind the project. The ‘INF42’ bonus code is widely seen as the most cost-effective way to gain exposure to the project due to the possibility of earning 50% in additional INF tokens.
Join The Infinaeon Presale Now
Presale: https://presale.infinaeon.com/
Telegram: https://t.me/Infinaeon/
Discord: https://discord.com/invite/WSy65uAYfd
X: https://x.com/Infinaeon
The post While ARB and OP Prices Stagnate, Infinaeon’s 50% Bonus Code and Mainnet Launch Attract Whales appeared first on Coinchapter.