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Why do token launches still happen overwhelmingly on L1?

Etherum Reddit

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I just checked the new listings on CoinMarketCap and on the first page, I've found 28 Tokens launched on Ethereum, 2 on Polygon and 1 on Arbitrum. Why is it not worth it for devs to deploy their tokens on L2s, is it that much harder to do / do they just not trust L2s yet?

submitted by /u/dead44ron
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