100x Crypto Gems: Oryen Network (ORY), Ethereum Classic (ETC), Ethereum Name Service (ENS), And Optimism (OP)

Cryptocurrencies often offer opportunities for so-called ‘100-baggers' (or 100x) investments. Even more so than traditional finance markets like Wall Street. Of course, these high-performing crypto assets can underlie certain volatility, but ultimately the reward ratio often outweighs the risk.

Timeline of Ethereum-name-service, Ethereum-classic, Optimism-ethereum,

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum Classic has already seen rejection at the $29 mark $27.3 also flipped to resistance, a retest could offer traders an opportunity Ethereum Classic [ETC] has been in a downtrend since early September.

Ethereum Classic's (ETC) Twitter account with over 670,000 followers was repurposed into a new account for rival proof-of-work network Ergo (ERG) on October 6. The post Ethereum Classic's Twitter account repurposed for Ergo appeared first on CryptoSlate.

ENS price continues its bullish structure after a reclaim of the $15 region as the price stays on track to retest major resistance.   ENS trades above key support as price reclaim 8 and 20-day EMA.

Layer-two (L2) scaling solution, Optimism [OP] is the latest addition in OpenSea's series of blockchain integration. According to the NFT marketplace, it had been working with the Optimism team and several projects on its official marketplace for some time.

OpenSea listed four NFT projects from the Layer 2 Ethereum scaling network Optimism, bringing the platform's supported blockchains to six.  The post OpenSea lists NFTs from the Layer 2 scaling network Optimism appeared first on The Block.

For improved accessibility of its scaling solutions, Optimism on 20 September launched the “Optimism Quests.” Put simply, the initiative is to reward Optimism users with NFTs when they learn about popular applications deployed on the Layer 2 scaling solution and complete the quizzes and tasks that follow.

Crypto miners who initially flocked graphics processing unit (GPU)-compatible proof-of-work tokens after Ethereum (ETH) Merge are fleeing those networks after the value of their tokens fell, according to available data. The post Miners flee PoW tokens as token prices tank, GPU value flounders appeared first on CryptoSlate.

The day of The Merge, Ethereum Classic's hashrate soared to new highs tapping 306 terahash per second (TH/s) ten days ago on September 15. Since then, however, Ethereum Classic's computational power has dropped 46.16% lower from the high to today's 164.75 TH/s. Furthermore, ethereum classic's market valuation has dropped by two positions and lost 26.

Ravencoin (RVN) and Ethereum Classic (ETC) were operated as a safe haven for miners seeking shelter from “The Merge” fallout. The event that completed Ethereum's transition to Proof-of-Stake (PoS), “The Merge” locked out miners from the ecosystem.

While the Ethereum network is cherishing its successful merge where the network completed its transition from proof-of-work (PoW) to proof-of-stake (PoS), the Ethereum Classic (ETC) is facing pressure. Amidst the ongoing bearish pull, the Ethereum Classic price might be pulled down even further.