Meme coins are hard to grasp. I just saw that some whales seem to have bought PEPE at a high price and are going to stop losses. So instead of chasing hot spots, it is better to calm down and ambush $ALT , which has valuable prospects.
A whale deposited $4.54 million worth of PEPE to Binance 13 hours ago to stop losses
On May 19, according to Spot On Chain monitoring, 13 hours ago, the multi-signature address 0x1a2 deposited 457.9 billion PEPE (about $4.54 million) to Binance to stop losses, and the price of PEPE fell by 6% during the period.
In the past 15 days, the whale has lost $717,000 (-4.69%) due to 2 PEPE transactions, and the price of the currency fell sharply every time it transferred out PEPE.
$ALT is the native utility token of #ALT再质押生态 , and ALT has now become the operator of @EigenLayer and obtained the highest authorization! The EigenLayer ecosystem has become more colorful as a result, improving the AVS experience for everyone! AltLayer (ALT) is an open and decentralized Rollups protocol. With AltLayer, we bring together the novel idea of Restaked rollup, which takes existing rollups (derived from any rollup stack, such as OP Stack, Arbitrum Orbit, ZKStack, Polygon CDK, etc.) and provides them with enhanced security, decentralization, interoperability, and crypto-economic rapid finality. Restaked rollups combine the simplicity of restaked rollups using rollup stacks such as OP Stack, Arbitrum Orbit, ZKSync by ZKStack, Polygon CDK, etc. with the power of EigenLayer's restaked mechanism to bootstrap network security and build a decentralized network. AltLayer has issued its native token ALT. Transaction fees, storage fees, and other services within the AltLayer ecosystem will be paid in its native token ALT, which is also used for governance and participation in consensus mechanisms to contribute to network security. Currently, ALT tokens are listed on the Bitget platform and available for trading. By staking tokens, holders can not only earn staking rewards, but also participate in the decision-making process of the protocol, enhancing the security and governance of the entire network.
AltLayer has two major technical innovations in product design: code-free deployment and decentralized coordination. AltLayer provides a code-free graphical interface, and developers can start an application-specific rollup in a few minutes without writing any code.Compared with developing rollups from scratch directly using programming languages, AltLayer has greatly reduced the development threshold, allowing more people to enjoy the benefits of rollups. In addition, AltLayer has also built a decentralized Beacon Layer, which can allocate nodes to provide sorting and verification services for rollups, and use tokens as incentives, which further reduces the difficulty of using rollups and improves overall security. This code-free and decentralized design brings great convenience to AltLayer's RaaS service model. This convenience and usability also make the model highly replicable and can be applied to more application scenarios. These technical advantages not only create value for users, but also promote AltLayer to gain a higher market share and more users.
AltLayer has the following advantages:
• Automatic settlement - After the NFT mint is completed, the system automatically settles all assets from the Rollup layer to the underlying chain without user intervention, reducing security risks.
• Multi-chain compatibility - EVM and WASM standards are supported by default, compatible with a wider range of projects.
• Complete liquidity - After mint is completed, all NFTs automatically fall to the underlying chain, ensuring that secondary market participants can find the desired NFT without cross-chain.
• Avoid congestion - Each NFT project has its own execution layer, which completely isolates other activities and cannot affect each other, ensuring productivity.
Through automatic settlement, multi-chain support, liquidity guarantee and exclusive resources, the AltLayer solution helps NFT projects to complete mint efficiently, while taking into account user experience and system efficiency, and truly realizing demand-driven upgrades.
Therefore, its token $ALT has a broad imagination space for growth.
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