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What is AltLayer Token?

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  • Author: Gunavarshini
  • Reading time: 8 minutes

The AltLayer token (ALT) serves as the token for the AltLayer decentralized protocol, a revolutionary platform enabling the seamless creation of rollups from software stacks.

This facilitates the launch of both native and restaked rollups employing optimistic and zk rollup stacks. Playing a pivotal role in staking, governance, fees, and ecosystem access, ALT has further found utility in airdrops and trading on various exchanges, including the prominent Binance.

With a total token supply of 10 billion, a significant portion is allocated to airdrops, private token sales, and the initial circulating supply.

Notably, the ALT token has garnered substantial trading volume across diverse exchanges.

How to buy ALT token?

ALT tokens are conveniently available for purchase and trade on various centralized crypto exchanges, including Binance, Poloniex, and Gate.io.

To acquire ALT tokens, interested individuals must initiate the process by creating an account on any of these exchanges, completing the necessary KYC/AML verification, and depositing funds into the account.

Following this, users can easily locate the ALT token and initiate a purchase through the available trading pairs such as ALT/USDT, ALT/BTC, ALT/BNB, ALT/FDUSD, and ALT/TRY.

It is important to note that the token's price is subject to market fluctuations influenced by factors like supply and demand, market sentiment, and project developments.

What are the price predictions for this token?

Exploring the realm of price predictions for the AltLayer token (ALT) unveils exciting prospects for substantial growth in the upcoming years. Key forecasts include a short-term uptrend, anticipating a positive trajectory in the ALT token's price.

In the long term, projections suggest an ascent to an average of $0.6391 by the conclusion of 2024, escalating to $4.96 in 2025 and an impressive $24.21 by the end of 2030.

Further insights predict the ALT token's price hovering around $0.8098 USD by 2025, with a minimum of $0.42012 USD. Looking towards 2030, estimates indicate trading prices ranging between $3.37 and $5.81, with an average cost settling around $4.593.

It's essential to consider these predictions as informed estimates, subject to fluctuations influenced by market dynamics, project evolution, and various other factors.

How can I see the price for ALT in the last 7 days?

For a comprehensive view of the ALT token's price performance over the last 7 days, users can leverage Coinranking for real-time data. To access this information:

  1. Visit the Coinranking website.
  2. Utilize the search bar to find "ALT."
  3. Click on the "ALT" result to access detailed token information.
  4. Navigate to the top right hand corner to adjust period to 7d.

Final Thoughts on ALT Token

In summary, AltLayer's native token, ALT, plays a vital role in the decentralized protocol, offering versatility in staking, governance, and ecosystem access.

Accessible on major exchanges, including Binance, Poloniex, and Gate.io, ALT's utility extends beyond trading, encompassing airdrops and community governance.

While enticing price predictions add optimism, a balanced approach is key, considering market dynamics. ALT's performance over the last 7 days, easily tracked on platforms like Coinranking, provides valuable real-time insights.

View ALT price