ALTLayer

#ALT再质押生态 #altlayer #Restake
At the beginning of the year, Altlayer airdrop was launched. Early interactive users held OG Badge and Oh Ottie! NFTs and received hundreds of thousands of ALT airdrops, earning lucrative returns.
Chuxiao Chain also received a minimum living allowance airdrop due to staking TIA and was eligible to receive 240 ALT, but due to negligence, it did not pay attention to the deadline for collection and lost $80 in vain.
Recently, Altlayer launched reALT and started the second phase of the staking plan. Let’s learn how to participate in the Altlayer re-staking gameplay.

reALT re-staking
What is Altlayer?
AltLayer (ALT) is a decentralized, elastic Rollup-as-a-Service (RaaS) protocol dedicated to providing highly scalable Layer 2 solutions for blockchain applications.

TLDR: #ALTUSDT #AltLayer #ALT We’ve noticed sites such as  “altlayer.re”, “altlayer.nl”, “altlayer.li”, “sd-altlayer.com”, “ad-altlayer.com” etc attempting to phish members by impersonating a popular project.
Our Advice: Stay Away! These are phishing websites designed to steal your funds, we suggest you use our HashDit Chrome Extension to protect your wallet.
$ALT
The official AltLayer webpage is “altlayer.io” and official twitter/X page ”@alt_layer”.
How these scams work: 
The websites are set up to look like the original.Clicking on any link or button present on the site pulls up a wallet connection dialogue.Once you select your preferred wallet, based on the type of crypto selected in the wallet, the behavior[function call] changes but if you confirm the transaction, your funds are routed out to scammers.
#hashdit Do not fall prey to phishing links! Always do your own research before connecting to or committing to a project.
Cases
Case1: altlayer.re and altlayer.nl
If you have BNB  selected
The function CLAIM() is called and confirmation is requested.all BNB in the account is sent to the contract address if confirmed.
If you have Eth selected
The function Transfer() is called in the transaction, granting the receiver almost an unlimited withdrawal value.All USDT in the account is sent to the address specified, if confirmed.
 
Case 2: on altlayer.li
If you have BNB  selected, a similar pattern is followed with an unverified contract “0x00001067cB17f6971B28637561a59EbC9A620000”If you have Eth selected, a similar pattern is followed with an unverified contract “0x00001067cB17f6971B28637561a59EbC9A620000”

Case3: altlayer.top
The initial website pattern differs in this scam by trying to be extravagant.They have a presale and airdrop option as well as a referral link system to scam more.Upon trying to collect the airdrop, they display a message that: ”You recieved 500 $ALT rewards”If you have BNB  selected
the function SENDING BNB() is called and confirmation is requested.all BNB in the account is sent to an EOA address if confirmed. “0x9248A2fAc5227De4A70A1CB80eBf696C91f9eFeA”
If you have Eth selected
Unless you have a sufficiently high eth balance you will see the message :Min withdraw > 1,100 ALT. And not enough transaction fees, please deposit Ethereum or BNB.
Other similar links such as “sd-altlayer.com”, “ad-altlayer.com” are also running similar phishing scams however some could be short in duration vs others.

ALT recently bounced from a low of $0.02459, recovering momentum to trade near $0.03694. While the daily gain is strong (+46.94%!), the structure shows early signs of a bullish reversal building up.
📊 Volume Activity: $90.59M with a strong spike, reflecting growing buyer interest and momentum.
📈 RSI at 55.17: Neutral but trending upward — there’s still room for further gains before it reaches overbought territory.
📉 MACD shows a potential reversal — MACD is turning upward, indicating momentum may be shifting in a positive direction.
$ALT

🔎 Current Price Range:
✅ Support Zone: $0.0300 – $0.0320
✅ Immediate Resistance: $0.0370 – $0.0430 (with a key breakout at $0.037)

🎯 Next Bullish Targets:
🔹 TP1 (First Target): $0.0370 — local resistance barrier
🔹 TP2 (Second Target): $0.0430 — previous resistance peak near $0.05457
$ALT

🔥 Outlook:
If ALT maintains its range above $0.0320 and breaks through $0.0370 with strong volume, we may see a mini breakout toward the subsequent resistance zones.
$ALT
🛎️ Watch closely — a breakout from consolidation could be imminent! 🌟
#AltLayer #ALT #VietnamCryptoPolicy

Last Update: 2024-12-13 UTC

$ALT
#AltLayer

⭐Tokenomics
Market Cap (MC): $393.66M
Fully Diluted Valuation (FDV): $1.72B
Total Supply: 10B ALT
Max Supply: 10B ALT
Supply in Circulation: 2.28B ALT - 22.86% of Max Supply

👉Token Unlocks

Although there is no immediate large amount of unlocking, there is a regular opening of ~2% of the max supply every month. The amount that will be in circulation by the end of 2025 will be twice the amount in circulation now, and this has a long-term price suppression effect.
While there are cases where similar tokens in the same category approach or exceed the March 2024 peak price, we see that although $ALT has increased by almost 2x from the lowest level it fell, it remains slightly behind the best performers.

👀Inflation

(T0) 2024-03-29
MC: ~$737M
Price: ~0.68 USDT

(T1) 2024-12-13
MC: ~$394M
Price: ~0.17 USDT

(T1)-(T0)
MC Change: ~ -42%
Price Change: ~ -75%

What Should the Price Be If There Was No Token Inflation During This Period (That is, if there was no increase in supply)?

~0.36 USDT

👀Since there is no time/time series analysis in target price studies, try to reflect the inflation difference in the period in which you are looking at the relevant prices.

⭐Correlation with $BTC / Category Major(s)

Does the coin/token correlate with BTC during BTC uptrends and downtrends?
It is generally correlated, although it has shown much deeper declines in the past.

💰BTC Pair

Below, a nice Wyckoff Accumulation Pattern is forming. The overall increases in volume are positive. A nice rise can be experienced with the breakout of the red box below. Above the red box at the top shows where FOMO increases can be expected.

⭐Price Analysis

👉Recent Period

After breaking the long-term downtrend and retesting it several times, it started an uptrend. If daily closings are made below the 0.1006 level, the short-term trend turns negative again and dip accumulation continues. In order for the rise to continue, it must maintain its trend and break the red box and stay above it.

💵Price Targets

👉Breaking of 0.15990 made a Market Structure Break (MSB) and External Structure (Main Trend) turned bullish.
👉Green curve is MA20 and price holding above it is positive, break of this could be used as a bearish signal until MA50 & MA100 will be created.
👉Breaking 0.081 weekly is a danger level, which means a Bearish Market Structure Breakout (MSB), creating a Lower Low (LL) and causing deeper levels to occur. However, these levels need to be updated as the chart changes (as new Higher High (HH) and new Higher Low (HL) are formed).

👉The 0.28 - 0.38 range is the area where I expect the first significant resistance to be encountered (in a very general sense; bullish above, bearish below).

👉When this level is persistent, the main movements that can lead to the higher targets I marked above can be expected.

👉While some of the equivalent regions of similar coins easily passed this resistance, the majority could not pass it at once and made corrections. For this reason, each significant level I marked above can be used as partial profit-taking levels and in possible corrections, the quantity can be increased by buying from the lower support levels below.

👉Frankly, there are technically higher-level targets, but as I have written before, there is no guarantee that each target can be seen in a single cycle. When we consider the market cap value and inflation that will be reached at those values, I see no point in sharing them at this stage.

💥CautionsNevertheless, remember that during the hottest times of the bull season, very great levels can be reached with #FOMO, but these levels cannot be maintained for long and very sharp corrections are experienced (try to understand by looking at old bull peaks). Manage your risk with these in mind and wait for healthy corrections without increasing your purchases in expensive areas.My posts are only technical and fundamental comments of mine and express my conclusions based on my own experience.
Since there is no time/time series analysis in target price studies, there is no answer to the questions "When?" or "What will the price be on this date?"Sharing/analyzing a coin/token does not mean that I like or dislike it, think it will be successful or unsuccessful, support it or not, invest/trade or stay away from it. I analyze it in line with requests and share my individual opinions.None of my posts or comments are within the scope of investment/financial consultancy and should definitely not be understood in this sense.You should manage your risk by considering your own financial situation for your investments and trades, do your own research and then take action (DYOR). If necessary, you can even request professional support from authorized persons and institutions to provide consultancy.

👋Hey!Unlike my social media posts, in addition to majors, here I'm planning to analyze your #altcoins with medium and low market caps too! I'll provide mid-to-long term price targets for the bull season. 🔥If you are interested, don't forget to follow and share the #altcoins that interest you in the comments! 👊Bull Season Price Targets Series: Requests from Followers - INDEX