Altlayer (ALT)
AltLayer is an open and decentralized protocol for rollups. AltLayer brings together a novel idea of Restaked Rollups which takes rollups (spun from any rollup stack such as OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack, etc.) and provides them with enhanced security, decentralization, interoperability and crypto-economic fast finality by leveraging restaking mechanism.
1. ALT Basic Info
| Symbol | ALT |
| Name | Altlayer |
| Web Site | https://altlayer.io/ |
| Wallet | -- |
| Source | -- |
| Explorer | https://etherscan.io/ |
| Forum | -- |
| Mining | |
| Supply | 10000000000 |
| Available Supply | 2792010000 |
| Market Cap | 90879925.5 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 10000000000 |
| Release Date | 2024-01-25 |
2. ALT Technical Info
2.1 ALT Kline Chart Price
2.2 ALT Technical Analysis
The price is likely to experience short-term volatility. A bearish trend is anticipated in the immediate future, potentially leading to further decline. A potential support level could be tested in the near term. There is a moderate probability of a temporary bounce before the continued downward movement. The trading volume data suggests that the selling pressure might outweigh buying interest at this stage. Consider monitoring price action closely for any signs of a reversal pattern. The overall trend indicates a bearish bias, but a consolidation phase is also possible. The price could remain range-bound within a specific zone.
