"Blow up the market! ALTLayer (ALT): Chinese founder, Ethereum scaling giant, re-staking is unstoppable!"
I get really excited when it comes to Ethereum scaling project AltLayer (ALT)!
AltLayer is a project dedicated to solving Ethereum scaling problems, and they have also shown their leading position in the market. In January, they conducted an airdrop, which was very exciting! The core of this project is the liquidity-based staking mechanism, which is simply too innovative!
Did you know that the total amount of ALT is as high as 10 billion, and the initial circulation has reached 1.1 billion! Investors have received a proportion of up to 18.5%, and Binance Launchpool will also allocate 5% of ALT! This is not a small amount! What's more exciting is that the team members are all Chinese, and the founder Yaoqi Jia is also the co-founder and CTO of Zilliqa! He is also one of the Forbes Asia 30 Under 30 Elites! This team is simply the pride of the Chinese!
Although re-staking may bring some challenges, did you know that ALT's increase reached 6 billion at its peak market value! What an amazing number! Moreover, the rise of ALT is closely related to Ethereum, because it needs the outbreak of the Ethereum ecosystem to gain more benefits! Therefore, I am full of passion for ALT and firmly believe that it has great development potential! Let us wait and see what surprises ALT will bring!
Price prediction: short-term break 0.5 is not a big problem, long-term look at 1u
