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November 29, 2024

Celo’s Layer 2 Migration Raises Eyebrows as Coinbase Backs Out

Celo’s migration to Layer 2 has sparked significant debate in the crypto community. Announced over a year ago, many are puzzled by Coinbase’s recent decision to withdraw support. This dramatic shift raises questions about the exchanges commitment to smaller projects. Players in the cryptocurrency market are closely watching how this decision will impact Celo’s progression. Without Coinbase’s backing, investors may feel uncertain. Nonetheless, Celo plans to forge ahead with its migration plans. The outcome remains uncertain, but stakeholders are eager for insights into the future of this popular platform.

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