#alt #altusdt
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🚀 Why ALT’s picking up momentum soon
1. Major Exchange Listing: Upbit Onboarded
• ALT was listed on South Korea’s Upbit on June 16, and the price doubled from ~$0.025 to ~$0.050, its highest since March .
• Listing on Upbit came with KRW and USDT pairs, triggering a breakout from a descending channel, reversing months of bearish trends .
2. Strong Technical Indicators
• On the 4-hour chart, MACD and RSI are both rising—signals of strengthening bullish momentum .
• ALT is trading above its 50‑ and 100‑period EMAs, with the 50‑EMA recently crossing above the 100‑EMA—a classic bullish crossover .
• TradingView also flags a “strong buy” based on multiple oscillators and moving averages .
3. Surging Volume = Conviction
• USD trading volume surged from under $10 M to over $200 M post-listing .
• Binance also noted heightened trading activity, crediting modular-L2 hype, listing momentum, and possible partnership anticipation .
4. Ecosystem Progress & Hype
• AltLayer’s modular “Restaked Rollups-as-a-Service” infrastructure is gaining visibility in the L2 space .
• They’re expanding developer tools (like AVS Wizard upgrades in Q3), adding new stack support, and forging partnerships in gaming and DeFi .
• Binance Labs and other VC backing lends credibility and keeps investor attention high .