$LAYER what does this mean?
Latest LAYER/USDT Update – May 1, 2025
The current price of the LAYER/USDT token is around $3.03, experiencing a daily decline of 2.32%. However, on a weekly and monthly basis, LAYER shows outstanding performance with increases of 36% and 105%, respectively. Even in the last year, the price of LAYER has surged by more than 1,400%, reflecting increased market interest in this project.
On April 30, 2025, LAYER reached an all-time high (ATH) price of $3.26. This significant increase is likely influenced by various factors, including support from major platforms such as OKX and Bitget, which have added the LAYER/USDT pair in perpetual contracts and spot margin.
Despite showing great potential, investors are reminded that the crypto market is highly volatile. Price spikes like this can be followed by sharp corrections. Therefore, it's important to conduct thorough research before making investment decisions.
Will LAYER continue to set new records or will it experience consolidation? Let's monitor market movements and keep up with developments.