Ethereum Upgrade Unleashes MASSIVE Liquidity Potential
Ethereum is poised for major growth due to a new token standard called ERC-404 that enables fractionalized NFT ownership. ERC-404 allows NFT holders to sell percentages of their NFTs while still retaining part ownership. This provides more liquidity options compared to having to sell an entire NFT at once.
The ERC-404 standard is gaining traction, with major exchanges like Binance and OKX announcing support. However, it remains unofficial and unaudited, with critics pointing out vulnerabilities like potential theft. Still, the potential benefits are driving interest.
A token called Pandora is an early mover on ERC-404 and has skyrocketed in market cap and sales volume, ranking #1 on platforms like CryptoSlam. It's essentially the "first board ape" of fractionalized NFTs. Other copycats are emerging too like Monarch, though Pandora remains the proven option so far.
The expected surge in Ethereum activity around ERC-404 will likely send gas fees soaring. This makes right now an opportune time for conducting transactions on Ethereum before fees spike. The increased usage also benefits ETH stakers. So ERC-404 could catalyze major bullish moves for Ethereum and Defi platforms like Uniswap.
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