I've been reading alot about this coin both on bitcointalk and altcointalk here, alot of people talking about it, this has caused me to do some research on it and hopefully, I will be investing in this coin as soon as i get some spare money, but my fear is whether it hasnt already become huge cus from coinmarketcap, I see the coin was just below three dollars by December last year, and now, it's almost thirty dollars, hope it's not too late to buy?
I think for the upcoming mini-cycle, it may well be a bit late to invest and other projects will do better in the short-term. Avax along with Luna and Elrond both had considerable gains recently as Ethereum competitors, but now I see L2 solutions to take up more investments again.
For me, none of these Eth competitors are worth holding long-term without taking considerable profits, even Cardano. It reminds me of Zilliqa and Wancahin in 2018, both coins went up 4x during the speculation of Ethereum competitors,, but the relevant thing to note is that while Zilliqa has since recovered it's euro value, it's still down 90% against Bitcoin, WAN still -98%. Unfortunately I didn't take profits at 2-4x, hence I don't make these mistakes anymore

These hot new blockchains are great for trading as a speculator, the most profitable by far, but terrible store of values in my opinion as too high risk. If Optimistic Ethereum pans out, and good quality L2 solution begins to be implemented into the DeFi ecosystem, then these competitors will fall hard. For me these coins are nothing more than a necessary hedge against Ethereum failures, in order to increase my Ether holdings, not much else.