Green

Altlayer

<p>The Altlayer price pumped 14% during the Monday session and is up 2% in the last 24 hours to trade for $0.4304 as of 2:50 a.m. EST time.</p>
<p>In hindsight, two narratives drove the Altlayer price over the past few days. First, the network had an ALT airdrop, with claims open for the next one month.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">📢Update: <a href="https://twitter.com/search?q=%24ALT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ALT</a> Airdrop Claims have now opened as of 9:00 AM UTC. <a href="https://t.co/LpfHsHu4Gk" rel="noopener noreferrer nofollow">https://t.co/LpfHsHu4Gk</a></p>
 <p>Those eligible for AltLayer Airdrop Season One – please visit the official airdrop website to claim your <a href="https://twitter.com/search?q=%24ALT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ALT</a>!</p>
 <p>Rest assured you will have one month to claim your <a href="https://twitter.com/search?q=%24ALT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ALT</a> tokens. <a href="https://t.co/zSYJw8gGt4" rel="noopener noreferrer nofollow">https://t.co/zSYJw8gGt4</a></p>
 <p>— AltLayer (@alt_layer) <a href="https://twitter.com/alt_layer/status/1750443469330338117?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 25, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Another fundamental that spurred interest and a surge in the Altlayer price was the listing on <a href="https://insidebitcoins.com/binance-review-2" target="_blank" rel="noopener noreferrer nofollow">Binance exchange</a>.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> lists <a href="https://twitter.com/alt_layer?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@alt_layer</a> <a href="https://twitter.com/search?q=%24ALT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ALT</a>!</p>
 <p>Trading is now live ➡️ <a href="https://t.co/dnv1O6EX8C" rel="noopener noreferrer nofollow">https://t.co/dnv1O6EX8C</a> <a href="https://t.co/wswq5TUBAB" rel="noopener noreferrer nofollow">pic.twitter.com/wswq5TUBAB</a></p>
 <p>— Binance (@binance) <a href="https://twitter.com/binance/status/1750458932894564548?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 25, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Immediately after the two events, the Altlayer price spiked 30% and currently boasts upwards of $475 million market capitalization despite debuting only this month. This record of accomplishment has ALT trending alongside <a href="https://insidebitcoins.com/news/manta-network-price-prediction-manta-pumps-30-but-analysts-say-this-booming-ico-might-be-the-best-crypto-to-buy-now" target="_blank" rel="noopener noreferrer nofollow">MANTA</a>, Bull Token (BULL), Bonk (<a href="https://insidebitcoins.com/news/solana-price-prediction-sol-pumps-3-on-new-product-that-helped-turbocharge-bonk-as-traders-turn-to-this-meme-coin-thats-skyrocketed-1011-in-a-year" target="_blank" rel="noopener noreferrer nofollow">BONK</a>), Ondo (<a href="https://insidebitcoins.com/news/new-cryptocurrency-releases-listings-and-presales-today-satoshivm-ondo-solav" rel="noopener noreferrer nofollow">ONDO</a>), and Honk (HONK).</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Here are the trending <a href="https://twitter.com/hashtag/Cryptos?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Cryptos</a> of the day!✨</p>
 <p>✅Manta Network ( <a href="https://twitter.com/search?q=%24MANTA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$MANTA</a> ) – <a href="https://twitter.com/MantaNetwork?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@MantaNetwork</a><br>✅Bull Token ( <a href="https://twitter.com/search?q=%24BULL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BULL</a> ) – <a href="https://twitter.com/BullFinanceBSC?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@BullFinanceBSC</a><br>✅Altlayer ( <a href="https://twitter.com/search?q=%24ALT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ALT</a> ) – <a href="https://twitter.com/alt_layer?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@alt_layer</a><br>✅API3 ( $API3 ) – <a href="https://twitter.com/API3DAO?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@API3DAO</a><br>✅Bonk ( <a href="https://twitter.com/search?q=%24BONK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BONK</a> ) – <a href="https://twitter.com/bonk_inu?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@bonk_inu</a><br>✅Honk ( <a href="https://twitter.com/search?q=%24HONK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$HONK</a> ) – <a href="https://twitter.com/honk_sol?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@honk_sol</a><br>✅Ondo ( <a href="https://twitter.com/search?q=%24ONDO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ONDO</a> ) -… <a href="https://t.co/U5fhah71Y4" rel="noopener noreferrer nofollow">pic.twitter.com/U5fhah71Y4</a></p>
 <p>— TheNewsCrypto (@The_NewsCrypto) <a href="https://twitter.com/The_NewsCrypto/status/1752232999943573682?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 30, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="possible-altlayer-scam">Possible Altlayer Scam</h2>
<p>Investors should exercise caution as there is the possibility a bad actor is looking to swindle unsuspecting victims. Although verified, an account on X has mimicked the Altlayer social media account, replacing the “a” on the handle with a “c”.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Never follow a link in any crypto-ad on X!</p>
 <p>Searched for altlayer &amp; the first tweet algorithmically elevated to the top by X was a scam.</p>
 <p>The "a" is replaced with a "c", and somehow the fake account managed to get verified too.</p>
 <p>Why is X promoting scams instead of blocking them? <a href="https://t.co/OSm1A4TaJZ" rel="noopener noreferrer nofollow">pic.twitter.com/OSm1A4TaJZ</a></p>
 <p>— 🇺🇦 ottodv 🦇🔊 ottodv@mstdn.social (@ottodv) <a href="https://twitter.com/ottodv/status/1752245232396112329?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 30, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Such scams are popular around airdrops, with bad actors leveraging the hype to dupe investors with phishing links. Vigilance is key to avoid falling victim to such scams.</p>
<p>The Altlayer ecosystem operates as an open and decentralized protocol designed for rollups. It introduces the innovative concept of Restaked Rollups, a technique meant to enhance the security, decentralization, interoperability, and crypto-economic fast finality of rollups.</p>
<p>This is derived from various stacks, including but not limited to OP Stack, ZK Stack, Arbitrum Orbit, and Polygon CDK through a restaking mechanism.</p>
<h2 id="altlayer-price-prediction">Altlayer Price Prediction</h2>
<p>Meanwhile, the Altlayer price continues to consolidate above an ascending trendline. For as long as ALT does not lose this support level, it is bound to record more gains for investors.</p>
<p>However, momentum appears to be falling on the one-hour timeframe, indicated by the nose-diving Relative Strength Index (RSI). The Moving Average Convergence Divergence (MACD) is also still below its signal line (orange band) after the bearish crossover on January 29.</p>
<p>In addition, the histogram bars of the MACD as well as those of the Awesome Oscillator (AO) are flashing red, showing the bears are tightening their grip on ALT.</p>
<p>If the bears have their way, the Altlayer price could lose the immediate support due to the 50-day Simple Moving Average (SMA) at $0.4251. Further south, the downtrend could see ALT market value slip below the ascending trendline to test the $0.4000 psychological level. A decisive candlestick close below this level in the one-hour timeframe could clear the clog for an extension south to the $0.2869 support floor. Such a move would constitute a 30% fall below current levels.</p>
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/01/ALTUSDT_2024-01-30_10-43-53.png" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-476415 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/01/ALTUSDT_2024-01-30_10-43-53.png" alt="ALT price" width="1268" height="540" srcset="https://insidebitcoins.com/wp-content/uploads/2024/01/ALTUSDT_2024-01-30_10-43-53.png 1268w, https://insidebitcoins.com/wp-content/uploads/2024/01/ALTUSDT_2024-01-30_10-43-53-300x128.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/01/ALTUSDT_2024-01-30_10-43-53-1024x436.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/01/ALTUSDT_2024-01-30_10-43-53-768x327.png 768w" sizes="(max-width: 1268px) 100vw, 1268px"></a></p>
<p><a href="https://www.tradingview.com/x/CHFzJvlJ/" target="_blank" rel="noopener noreferrer nofollow">TradingView: ALT/USDT 1-hour chart</a></p>
<p>On the flip side, if the bulls show gusto, the Altlayer price could sustain above the support offered by the ascending trendline. This could see the altcoin’s market value clear the immediate barricade at $0.4620. In a highly bullish case, the Altlayer price could extend the climb to the $0.6000 psychological, which would constitute a 40% climb above current levels.</p>
<p>In the meantime, however, the odds continue to favor the downside for the Altlayer price, some investors might want to consider diversifying into <a href="https://insidebitcoins.com/visit/etuktuk" target="_blank" rel="noopener noreferrer nofollow">eTukTuk</a>, a green presale that has analysts anticipating a big move soon.</p>
<p><iframe title="eTukTuk Powering the Future of Electric Vehicles - New 10x Potential Cryptocurrency?" width="640" height="360" src="https://www.youtube.com/embed/W8gjq8Vum9I?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<h2 id="promising-alternative-to-altlayer">Promising Alternative To Altlayer</h2>
<p>eTukTuk is a project committed to transforming the transportation industry. It is a green project focused on developing countries where it brings in three-wheel electric Tuk Tuks. It also sets up a network of charging stations.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">1/ eTukTuk Times is back! 📰🌍</p>
 <p>Our weekly round-up of two things we love: <a href="https://twitter.com/hashtag/EVs?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#EVs</a> and a <a href="https://twitter.com/hashtag/sustainable?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#sustainable</a> future 🚀</p>
 <p>Explore breakthrough technologies, global initiatives, and the latest developments shaping the future of sustainable transportation and combating climate change.</p>
 <p>— eTukTuk (@eTukTukio) <a href="https://twitter.com/eTukTukio/status/1747688195381485815?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 17, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Running on the Binance Smart Chain (BSC), eTukTuk leverages a decentralized sharing economy model for scalability, security, and efficiency. The project focuses on eco-friendly electric vehicle charging station infrastructure (EVSE) and introduces affordable electric Tuk Tuks.</p>
<p>The project developer is working on a play-to-earn (P2E) game christened <em>Crazy Taxi</em>, where players can earn $TUK tokens by completing missions and ferrying passengers to various locations. This has the likes of Crypto analyst Michael Wrubel saying projects like these are the future of crypto, hence his bullish stance on eTukTuk.</p>
<p><iframe title="eTukTuk: Why I Am BULLISH On TUK" width="640" height="360" src="https://www.youtube.com/embed/mjFEBkZDZ40?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p>Token holders&nbsp;can stake their $TUK tokens&nbsp;on the eTukTuk platform for an annual yield of over 300%, on top of presale price increases. The more you stake, the higher your rewards.</p>
<p><iframe title="How to Buy eTukTuk - Easy Guide" width="640" height="360" src="https://www.youtube.com/embed/DlPnVpGi37E?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p>You can buy $TUK, <a href="https://www.linkedin.com/pulse/upcoming-crypto-presales-unlock-early-investment-calsona-plu5e" target="_blank" rel="noopener noreferrer nofollow">an upcoming crypto presale</a>, on the official eTukTuk website<a href="https://insidebitcoins.com/visit/etuktuk" rel="noopener noreferrer nofollow"> here.</a></p>
<h3 id="also-read">Also Read:</h3>
<ul>
 <li><a class="article-header-title" href="https://insidebitcoins.com/buy-cryptocurrency/how-to-buy-etuktuk" rel="noopener noreferrer nofollow">How To Buy eTukTuk (TUK) On Presale</a></li>
 <li><a href="https://insidebitcoins.com/news/green-ai-revolution-in-web3-heres-how-you-can-seize-the-100x-opportunity-with-etuktuk" rel="noopener noreferrer nofollow">Green AI Revolution in Web3 – Here’s How You Can Seize the 100X Opportunity With eTukTuk</a></li>
 <li><a href="https://insidebitcoins.com/news/etuktuk-tuk-storming-into-2024-with-massive-funding-learn-why-here" rel="noopener noreferrer nofollow">eTukTuk (TUK) Storming Into 2024 With Massive Funding, Learn Why Here</a></li>
 <li><a href="https://insidebitcoins.com/news/etuktuk-strives-to-bring-sustainable-transport-to-developing-nations-with-its-innovative-three-wheeler-ev-and-charging-infrastructure" rel="noopener noreferrer nofollow">eTukTuk Strives to Bring Sustainable Transport to Developing Nations With Its Innovative Three-Wheeler EV and Charging Infrastructure</a></li>
 <li><a href="https://insidebitcoins.com/news/etuktuk-continues-to-impress-as-traders-rush-to-new-electric-vehicle-revolution-in-developing-nations-with-over-310k-raised-already" rel="noopener noreferrer nofollow">eTukTuk Continues to Impress As Traders Rush to New Electric Vehicle Revolution in Developing Nations With Over $310k Raised Already</a></li>
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Altlayer Price Prediction: ALT Pumps 14% As Analysts Say This Green Presale Might Be The Next Crypto To Explode

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