NEAR Protocol

Manta Network

Fuel Network

Read

Celestia

<ul>
 <li>Crypto investor explores altcoins set to rise following Celestia’s impressive performance.</li>
 <li>Manta, AltLayer, EigenLayer, and others present growth potential in modular blockchain.</li>
 <li>VirtualBacon highlights key altcoin projects with Celestia’s success as a backdrop.</li>
</ul>
<p>Crypto investor and educator <a href="https://twitter.com/VirtualBacon0x" target="_blank" rel="noopener noreferrer nofollow">VirtualBacon</a> recently shared insights on potential altcoin projects poised for significant gains, inspired by the success of Celestia ($TIA). While <a href="https://cryptonewsland.com/renowned-crypto-trader-unveils-top-10-tokens-in-weekly-watchlist/" target="_blank" rel="noopener noreferrer nofollow">Celestia has experienced an 8x increase</a> since its November airdrop, VirtualBacon suggests that other altcoins might follow a similar trajectory.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Celestia ($TIA) has been pumping since its airdrop back in November, having already done an 8x. But these altcoins could be due for their upcoming pump related to the Celestia narrative. Let's dive in <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"></p>— VirtualBacon <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f987.png" alt="🦇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f50a.png" alt="🔊" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@VirtualBacon0x) <a href="https://twitter.com/VirtualBacon0x/status/1749912222980096503?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 23, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Firstly, delving into the basics, <a href="https://celestia.org/" target="_blank" rel="noopener noreferrer nofollow">Celestia</a> stands out as the pioneer of the modular blockchain paradigm, functioning as a vital data availability and consensus layer for various blockchains across both Layer 1 and Layer 2.</p>
<p>Despite Celestia’s notable achievements, including cost-effective data storage and decentralization, the question arises due to its substantial $19 billion market cap—does it still have room for growth?</p>
<p>VirtualBacon expresses bullish sentiments on Manta Network, a project utilizing Celestia’s framework. Recognized for offering lower transaction costs and rapidly increasing Total Value Locked (TVL), Manta Network positions itself as a key player in the modular space.</p>
<p>AltLayer, making its debut on Binance Launch Pool, comes next on the radar. Providing tools for <a href="https://cryptonewsland.com/layer-2-solutions-optimism-and-arbitrum-see-remarkable-adoption/" target="_blank" rel="noopener noreferrer nofollow">diverse Layer 2 solutions</a>, AltLayer presents itself as a competitor to Celestia, intensifying the competition in the modular blockchain sector.</p>
<p>EigenLayer is also highlighted, identified not just as a staking project but as a robust Celestia competitor with broader applications. For enthusiasts of Celestia, VirtualBacon suggests keeping a close eye on EigenLayer.</p>
<p>NEAR Protocol enters the modular wave, offering cost-effective data storage. NEAR Data Availability (DA) could potentially become a preferred solution for developers prioritizing efficiency.</p>
<p>Fuel Network, developed by Celestia’s team, claims to be the world’s fastest modular execution layer. With potential airdrops on the horizon, Fuel Network is gaining attention in the crypto scene.</p>
<p>Dymension, a platform for swift and flexible app chains, offers rollup-as-a-service similar to AltLayer. With a pending token launch, Dymension holds the potential to be a significant player in the space.</p>
<p>Lastly, Saga, a modular solution focusing on revolutionizing blockchain scalability, rounds off the list. With an ongoing airdrop, Saga is gaining momentum within the modular narrative.</p>
<p>In conclusion, while questions surround Celestia’s valuation, VirtualBacon emphasizes that projects like Manta, EigenLayer, and Fuel exhibit considerable potential in the evolving landscape of modular blockchain technology. Investors are advised to keep a watchful eye on these emerging projects.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/polygon-integrates-celestias-data-solution-for-cost-efficient-layer-2-networks/" rel="noopener noreferrer nofollow">Polygon Integrates Celestia’s Data Solution for Cost-Efficient Layer-2 Networks</a></li>
 <li><a href="https://cryptonewsland.com/money-laundering-suspicions-shroud-manta-network-amid-token-success/" rel="noopener noreferrer nofollow">Money Laundering Suspicions Shroud Manta Network Amid Token Success</a></li>
 <li><a href="https://cryptonewsland.com/revolutionary-eigenlayer-staking-game-changer-arrives/" rel="noopener noreferrer nofollow">Revolutionary EigenLayer: Staking Game-Changer Arrives</a></li>
 <li><a href="https://cryptonewsland.com/eclipse-to-launch-ethereum-svm-l2-mainnet-with-multi-layered-features/" rel="noopener noreferrer nofollow">Eclipse to Launch Ethereum SVM L2 Mainnet with Multi-Layered Features</a></li>
 <li><a href="https://cryptonewsland.com/flow-secures-3m-seed-funding-to-build-a-rollup-centric-nft-ecosystem/" rel="noopener noreferrer nofollow">Flow Secures $3M Seed Funding To Build A Rollup Centric NFT Ecosystem.</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/top-altcoins-to-ride-celestias-pump-wave-according-to-crypto-investor/" rel="noopener noreferrer nofollow">Top Altcoins to Ride Celestia’s Pump Wave According to Crypto Investor</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Top Altcoins to Ride Celestia’s Pump Wave According to Crypto Investor

Crypto News Land

Altri articoli pubblicati su 24 gen 2024

HashKey to launch three indexes tracking digital assets

Binance Coin (BNB) Faces Market Turbulence

Coinbase introduces non-custodial crypto wallets creation

After Falling 61.8% To $0.0000085 Can Shiba Inu Coin Price Climb To $0.00001 In January?

Bitcoin ETFs and Grayscale: Exploring the Impact on Cryptocurrency’s Future

Bitcoin Market Fluctuations: Spotlight on Grayscale and ETF Dynamics

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!