ALT Token Surges 46.82% After Upbit Listing, Trading Volume Tops $7 Million in 24 Hours

AltLayer (ALT) experienced a significant price increase in the last 24 hours, rising by 46.82% to $0.03697, primarily driven by its new listing on the Upbit exchange, which introduced ALT trading pairs with KRW and USDT. This event led to a surge in trading volume, with over 259.4 million ALT traded and daily turnover exceeding $7 million, reflecting heightened market interest and liquidity. The price movement follows a period of previous lows and aligns with broader positive momentum in the altcoin market. While ALT’s rapid gains have positioned it as one of the day’s top-performing assets, technical indicators suggest the token may be overbought, and analysts caution that a short-term price correction is possible.