#BinanceAlphaAlert $LAYER There appear to be two different cryptocurrencies with the ticker symbol "LAYER": Solayer and UniLayer. Here's a brief update on each:
Solayer (LAYER):
* Price: Around $2.95 - $3.05 USD.
* Recent Performance: Experienced a significant surge in April, reaching a new all-time high around April 30th. However, there are signals suggesting a potential nearing of a local top and a possible correction.
* Market Cap: Over $600 million USD.
* Developments: Solayer is developing InfiniSVM, a hardware-accelerated blockchain. They recently launched an on-chain debit card and had a genesis drop for the $LAYER token in February. Binance also conducted a HODLer airdrop featuring LAYER.
UniLayer (LAYER):
* Price: Around $0.014 USD.
* Recent Performance: Down in the last 24 hours and month, but up slightly over the past week. Significantly down from its all-time high of $4.07 in April 2021.
* Market Cap: Around $425,000 USD.
* Developments: UniLayer is a decentralized trading platform built on Uniswap, offering features like automated swaps, liquidity management, and analytics.
In summary: Solayer (LAYER) has seen strong recent growth and positive developments, while UniLayer (LAYER) is trading at a much lower price point and has seen a downward trend recently. Be sure to differentiate between these two distinct cryptocurrencies when looking at news and price information.