AltLayer (ALT):
Overview:
AltLayer is an open-source protocol designed to enhance rollups, a layer-2 scaling solution for Ethereum. Its unique feature is the concept of “Restaked Rollups,” which combines various rollup frameworks (such as OP Stack and Arbitrum Orbit) with more security.
Crypto-Economic Finality: AltLayer’s restaking mechanism ensures fast crypto-economic finality, making it an attractive choice for users seeking efficient and secure transactions.
Price Performance:
- Current Price: $0.3591
- 24-Hour Change: -3%
- Monthly Change: -41%
- Annual Change: +28%
Market Position: AltLayer ranks 164th by market capitalization on CoinMarketCap, with a total market cap of $394 million.
Binance Highlight: Binance has identified AltLayer as a potential cryptocurrency for significant gains.
Manta Network (MANTA):
Overview:
Manta Network operates within the web3 ecosystem, providing a developer-friendly environment for launching decentralized applications (dApps) using the Solidity programming language.
Transaction Speed and Gas Costs: MANTA differs from typical Layer 1 protocols in that it has faster transaction speeds and reduces gas costs more effectively than Layer 2 alternatives.
Total Value Locked (TVL): As of April 30th, MANTA’s TVL had risen to $184 million, showing increased prominence.
Price performance:
- Current Price: The current price is $1.71
- 24-hour change: +2.19%.
Market Position: Manta Network is ranked 145th by market capitalization, with a total of $429 million.
Xai (XAI):
Overview:
Xai aims to bridge real-world economies with interactive video games. It enables open trading of in-game assets without requiring crypto wallets, allowing gamers to own and trade valuable digital items across their favorite gaming platforms.
Price Performance:
- Current Price: $0.6757
- 24-Hour Change: -5%
Market Position: Xai ranks 287th by market capitalization, with a total market cap of $187 million. Predictions suggest a significant return on Binance this May.
NFPrompt (NFP):
Overview:
NFPrompt is a cutting-edge platform tailored for Web3 enthusiasts. It integrates AI technology into a social and commercial ecosystem.
Native Token ($NFP): NFP introduces its native token, $NFP, which plays a vital role in staking, payments, and rewarding creator engagement.
AI NFT Marketplace: NFPrompt’s ecosystem includes AI-driven content creation, a vibrant creator community, and an AI NFT marketplace. NFTs crafted on NFPrompt are tradable on BNBChain and opBnB.
Price Performance:
- Current Price: $0.413706
- 24-Hour Change: -3.09%
Market Position: NFPrompt holds a market cap of $103 million.
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Disclaimer: This post is intended solely for informational purposes and should not be taken as legal, tax, investment, financial, or any other form of advice. Although all the information provided is true to the best of our knowledge, it is advisable to research well before making any kind of investments or decisions in general. The team of ReadingCrypto bears no responsibility in the event of any adverse outcomes.
