Crypto Expert Reveals Ethereum’s Layer-3 Top Altcoins Expected to Yield 100x Return by 2024
Renowned crypto expert, Guy Turner, has expressed strong optimism for Ethereum’s layer-3 altcoins, predicting the potential for 100x returns in 2024. These layer-3 solutions, built on layer-2 frameworks, offer efficient and flexible capabilities that cater to a range of sectors, such as gaming and decentralized finance (DeFi).
Turner believes that the native tokens of layer-3 chains and associated cryptocurrencies have significant growth potential. He has identified the top layer-3 altcoins with the potential to deliver 100x returns in 2024.
In a recent YouTube video, Turner highlighted three top layer-3 altcoins: Degen Base (DEGEN), Xai (XAI), and Orbs (ORBS).
Degen Base (DEGEN) is built on the Base layer-2 project and started as a meme coin but has since evolved into a platform that rewards user participation. With increasing interest from developers, content creators, and enthusiasts, DEGEN’s potential continues to grow. Currently trading at $0.000069, DEGEN has experienced a 1.34% decline over the past 24 hours.
Xai (XAI), another promising layer-3 solution, aims to disrupt the gaming industry by leveraging the benefits of layer-3 scaling solutions. Built on Arbitrum’s layer-3 infrastructure, XAI is strategically integrating these solutions to make a substantial impact in the gaming sector. Despite a recent 3.34% decline in value, XAI is currently trading at $1.03, with a trading volume of $24 million.
Orbs (ORBS) is a layer-3 solution that facilitates decentralized backend operations between layer-1 and layer-2 networks. Enhancing Ethereum’s capabilities, ORBS supports various applications, including web3, DeFi, NFTs, and GameFi. With a 7.8% surge over the last 24 hours, ORBS is currently valued at $0.043, with a steady market cap of $147.7 million.
As the crypto market evolves, layer-3 scaling solutions are unlocking endless possibilities for decentralized applications. With their efficiency and versatility, these solutions have the potential to revolutionize industries such as gaming and DeFi, leading to growing optimism in the market.