AltLayer up 49% Following Launch – As Altcoins Gain Traction

AltLayer, a decentralized protocol for creating blockchain rollups, has recorded a 49% rise in the price of its native token, ALT, following a successful launch. The token’s trading volume went to $300 million within a few hours. On the other hand, two relatively new altcoins, InQubeta (QUBE) and NuggetRush (NUGX), are making progress.

The AltLayer (ALT) Momentum

Having a circulating supply of 1.1 billion ALT and a market capitalization of $459 million, AltLayer is a blockchain protocol that enables developers to design roll-ups from multiple software envelopes. The project’s airdrop event gave away 300 million ALT tokens now worth $125 million to its early adopters.

Institutional interest is signaled as the Binance exchange recognizes AltLayer as the 45th project on its Launchpool platform. Prior to the main listing on January 25, users had a chance to farm ALT tokens by staking BNB and FDUSD.

At the time of writing, the price of AltLayer (ALT) has seen a 49% increase over the past few days since launch.

ALT is the native token of the AltLayer decentralized protocol powering rollups and innovative restaked rollups that enables developers to build Layer02 projects on different software platforms in an ecosystem where community governance rules.

InQubeta (QUBE) Aims for Success

Designed as a platform connecting AI-based blockchain project creators and investors, InQubeta (QUBE) has secured $8.5 million in its ongoing presale.

The platform is designed to enable fractionalized investments in AI startups, accompanied by reward and equity-based NFTs. This approach establishes a symbiotic relationship, benefitting both investors and startups transparently and pragmatically.

The QUBE token, at its core, functions as a gateway to the InQubeta ecosystem, enabling holders to enjoy the project’s numerous features.

With a deflationary mechanism and a 5% sell tax contributing to a dedicated reward pool, QUBE holders can engage in staking activities to earn rewards, while playing a pivotal role in the platform’s governance.

QUBE tokens empower holders to participate actively in decision-making processe

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Author: Advertorial

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