AltLayer Information

AltLayer is an emerging cryptocurrency that aims to enhance interoperability across various blockchain platforms, promising seamless integration and communication between diverse networks. It is gaining attention for its innovative approach to scalability and security, making it a compelling option for developers and businesses looking to leverage blockchain technology. With its growing community and strategic partnerships, AltLayer is positioning itself as a significant player in the evolving crypto landscape.

AltLayer

$0.09

  • Current Price $ : 0.086913 $
  • Price Change 24h : 0.00120444 $
  • Price Change % 24h : 1.40527 %
  • Market Cap : 200784516
  • Market Cap Change % 24h : 0.55887 %

Understanding AltLayer: A Comprehensive Overview

AltLayer is an intriguing player in the crypto market, often catching the attention of investors seeking potential growth and innovation. With its distinctive features and market performance, AltLayer stands out as a coin worth monitoring. But what exactly sets AltLayer apart, and what have been its notable successes and challenges?

AltLayer's Unique Proposition

AltLayer, symbolized by "ALT," is a cryptocurrency that has gained traction due to its advanced blockchain technology and decentralized philosophy. It emphasizes scalability and security, appealing to users and developers looking for robust performance without sacrificing decentralization. The platform supports smart contracts, enabling a wide array of decentralized applications (dApps) to flourish, which can drive its future adoption.

Advantages of AltLayer

One of the major advantages of AltLayer is its commitment to scalability. As blockchain technology evolves, the ability to manage increased transaction volume without compromising speed is crucial, and AltLayer addresses this need effectively. Furthermore, its security protocols are advanced, protecting users against a variety of cyber threats, which is an ever-growing concern in the crypto world.

Another notable advantage is its flexibility. AltLayer's infrastructure allows for the integration of diverse projects and services, making it an appealing choice for developers who wish to expand their dApp capabilities. Additionally, AltLayer's community support and continuous development show its potential for future enhancement and adaptation.

Past Challenges and Market Volatility

Like many emerging cryptocurrencies, AltLayer has faced its share of challenges. Its all-time high (ATH) was $0.676743, which occurred on March 28, 2024, but it has since seen a decline, with a change of -84.888% from its peak. This volatility is not uncommon in the crypto space but can deter risk-averse investors.

The coin experienced an all-time low (ATL) of $0.068071 on August 5, 2024, highlighting its susceptibility to market fluctuations. However, it has shown resilience, with a significant recovery of 50.24005% from its ATL, as evidenced by its current price of $0.102422.

The Future Outlook for AltLayer

The future of AltLayer looks promising, though not without uncertainties. Its market capitalization of approximately $236,567,895 and a daily volume of $62,402,947 indicate substantial interest and liquidity, crucial for long-term viability. Moreover, with a circulating supply of 2,310,416,665 ALT coins and a capped maximum supply of 10 billion, the market dynamics offer room for potential growth.

To attract institutional and mainstream investors, AltLayer must continue innovating and scaling its technology while maintaining a steadfast focus on security and user trust. Additionally, as regulations surrounding cryptocurrencies evolve globally, AltLayer's adaptability to regulatory changes could significantly impact its trajectory.

Conclusion

AltLayer remains a captivating prospect in the crypto market. Its technical strengths and strategic advantages position it for potential future success, provided it navigates the challenges inherent in the volatile world of cryptocurrencies. Investors with an appetite for risk and an eye on long-term growth might find AltLayer a worthy addition to their portfolios, as it continues to carve its niche in the decentralized ecosystem.

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General Information

Title
AltLayer
Symbol
alt
Whitepaper
-
Website
Community
-
Last Updated
2025-01-21 23:51

Price Data

Current Price $
0.086913 $
High 24h
0.08972 $
Low 24h
0.081047 $
Price Change 24h
0.00120444 $
Price Change % 24h
1.40527 %

Market Data

Market Cap
200784516
Total Volume
37026272
Market Cap Change 24h
1115887
Market Cap Change % 24h
0.55887 %
Return on Investment (ROI)
-

Supply and Availability

Circulating Supply
2310416665
Total Supply
10000000000
Max Supply
10000000000

Historical Data

All Time High (ATH)
0.676743
ATH Change %
-87.14453 %
ATH Date
2024-03-28 23:20
All Time Low (ATL)
0.068071
ATL Change %
27.80613 %
ATL Date
2024-08-05 06:45