Hey, I’ve been seeing everyone in the group chat talking about ETF fund flows and the risk appetite in the US stock market lately. They’re saying crypto’s rising and falling is tied to the Nasdaq, and honestly, I’m kind of confused. I’m a small retail investor, and I don’t really dare to look too closely at those macro analyses. Basically, when ETFs are up, meme coins just ride along and get hype— but when they fall, L2 also gets hit.

Choosing a chain right now is really torturous. When Ethereum mainnet gas is high, even transferring hurts because of the fees, but many small projects only have liquidity on the mainnet. For my part, I’ve compromised: the ones I use most are Arbitrum and Base, and the experience is fine. But when it comes to needing to front-run or rush after a new token, I still have to switch back to the mainnet. Anyway, if I can go on L2, I go on L2—the gas fees I save are enough to buy several cups of milk tea. I really can’t bring myself to part with one or two bucks.

Oh, and yesterday I claimed an airdrop in the Gate wallet—my gas fee was only a few dimes. It feels way better than messing around on Uniswap. That’s it for now. Basically, since I’ve already been “educated” by the secondary market, I just want to pay less tuition.