Gate News Bot news, on November 21, according to CoinMarketCap data, as of the time of writing, ALT (Altlayer) is currently priced at $0.02, with a 14.28% rise in the last 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $775,000, an increase of nearly $96,800 compared to yesterday.
Important recent news about ALT:
1️⃣ Price prediction attracts market attention
Market analysts have predicted the price trend of ALT (Altlayer), which has attracted widespread attention from investors. These predictive analyses may have influenced investor confidence and market sentiment, partially explaining the recent rise in ALT's price.
2️⃣ Demand for ALT to USD exchange increases
The exchange demand between ALT and the US dollar has risen, reflecting the market's increasing interest in ALT. This increase in demand may drive the trading volume and price pump of ALT.
3️⃣ Altlayer Ecosystem Development
The Altlayer project continues to develop its ecosystem, attracting more developers and users to participate. This ongoing expansion of the ecosystem provides more practical application scenarios for the ALT token, potentially driving its value rise.
From a technical perspective, ALT has broken through the key resistance level of $0.02, showing strong rise momentum. However, considering the high volatility of the cryptocurrency market, investors should remain vigilant regarding potential pullback risks.
This message is not investment advice, and investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Will Momentum Hold for XRP as Price Defends $1.34 and Challenges $1.42?
XRP was currently trading at $1.37 and has decreased by 3.5 percent per day to day trading, oscillating around a significant level of support at $1.34.
The pivot is the $1.396 level and the higher limit of the current 24-hours is $1.42.
Today’s trading structure has a price that is
CryptoNewsLand17m ago
Pi Network rebounds from lows with a 30% monthly increase; top analysts identify four major bullish catalysts
Pi Network (PI) has recently rebounded by over 30%. Analyst Dr. Altcoin pointed out four major catalysts that will drive the subsequent bullish trend, including the v23 upgrade, ecosystem collaborations, DEX, and KYC service expansion. Technical analysis shows a bullish flag pattern with a target price of $0.2055. If it falls below $0.1555, the bullish outlook will be invalidated.
MarketWhisper30m ago
Why did Bitcoin drop today? PPI surges and the UK credit crisis hit from both sides
Bitcoin today fell due to the US January PPI data exceeding expectations, the bankruptcy of UK MFS triggering credit panic, and pressure on tech stocks. The rise in core PPI has intensified inflation concerns, and uncertainty in Federal Reserve policies has increased. $64,000 is a key support level; a break below could potentially trigger deeper liquidity issues.
MarketWhisper1h ago
Fidelity Discusses Bitcoin Moving From Short-Term Trade to Long-Term Macro Portfolio Asset
Bitcoin’s notorious four-year boom-and-bust cycle may be losing its grip as institutional demand, deeper liquidity, and shifting ownership patterns reshape market dynamics, potentially redefining how investors position bitcoin in long-term portfolios, according to Fidelity’s analysis.
Fidelity: B
Coinpedia1h ago
Today, the Fear & Greed Index dropped to 11, indicating the market is in a "Extreme Fear" state.
Foresight News reports that, according to Alternative.me data, the cryptocurrency fear and greed index dropped to 11 today (yesterday the index was 13 "Extreme Fear"), indicating that the market is in a state of "Extreme Fear."
GateNews1h ago
