The cryptocurrency market managed to remain resilient despite all the negativities. Leading cryptocurrency Bitcoin is showing strong resistance around $70,000. Even though most altcoins have lost ground, they are gaining strength again. While morale was high in the market, Guy Turner, the host of the crypto YouTube channel Coin Bureau, shared his thoughts. Turner expresses bullish sentiment regarding Ethereum layer-3 scaling solutions. In this context, the analyst gives 3 token names.
“Tokens of Layer-3 Blockchains have high potential!”
cryptokoin.comAs you can see from , the market maintains its resistance even though it is calm for now. Leading crypto Bitcoin found stability at $70,000 as outflows in spot Bitcoin ETFs decreased. Altcoins are generally following a horizontal course for now. In this environment, investors and traders are looking for cryptocurrencies with high potential. To give you an idea, Guy Turner, host of crypto YouTube channel Coin Bureau, which has 2.46 million subscribers, says layer-3 native tokens have great potential going forward. In this context, the analyst
Layer-3s are also super efficient. This makes them perfect for things like gaming, decentralized finance (DeFi), and much more. Therefore, layer-3 Blockchains and cryptos launched on them have a serious 100x potential.
3 altcoin projects with 100x potential: DEGEN and XAI
Next, Guy Turner shares his top tier-3 picks. These include Degen Base (DEGEN) and Xai (XAI), which are built on the Base layer-2 project, an Ethereum scaling solution powered by crypto exchange Coinbase. Regarding these altcoin projects, Turner says:
Unsurprisingly, the native Degen token was initially launched as a meme coin, but it also aims to reward participation in its channel on Farcaster, a sort of decentralized version of Twitter. Since then, Degen has attracted the attention of developers, content creators, and enthusiasts… Another tier-3 is Xai, a gaming-focused project built on Arbitrum.
Meanwhile, DEGEN was trading at $0.033394 at the time of writing. The analyst’s other bet, XAI, was changing hands at $1.02.
Analyst’s third pick: Orbs (ORBS)
Coin Bureau server gives another token name. This altcoin is Orbs (ORBS). The analyst expresses his views on ORBS as follows:
Orbs is sandwiched between layer-1s and layer-2s, serving as a decentralized backend for developing EVM (Ethereum Virtual Machine) and non-EVM-compatible smart contracts to support things like web3, DeFi, NFTs, and GameFi is a layer-3.
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