Layer 3 Altcoins Shake Up $1K Crypto Portfolios

The Layer 3 crypto landscape is experiencing a surge in popularity, with four emerging altcoins - DEGEN, XAI, ORBS, and GHST - transforming investment strategies for small-scale portfolios. Degen (DEGEN), a cutting-edge blockchain with an impressive token surge, leads the pack, followed by Xai (XAI), which revolutionizes gaming asset ownership and trading. Orbs (ORBS) focuses on scalable and accessible blockchain solutions, while Aavegotchi (GHST) offers governance and unique NFT gaming experiences. These altcoins present a promising outlook for diversifying $1000 crypto portfolios and highlight the growing potential in the Layer 3 sector.

Layer 3 Altcoins Reshape Investment Strategies for $1000 Crypto Portfolios

Amidst an upward market trajectory, the Layer 3 crypto landscape is witnessing a surge in popularity, with four emerging altcoins – DEGEN, XAI, ORBS, and GHST – transforming investment strategies for those holding $1000 portfolios.

1. Degen (DEGEN): A Cost-Effective Layer-3 Solution

Degen (DEGEN), a cutting-edge Layer-3 blockchain built on Ethereum's Layer 2, has rapidly gained attention and transaction volume. The blockchain's native DEGEN token has witnessed a remarkable 172% increase in value since its launch.

Syndicate.io has played a pivotal role in Degen's growth by introducing Degen Chain, an "extremely cost-effective" Layer-3 solution tailored for the Degen community. This innovation utilizes Arbitrum Orbit, Base for settlements, and AnyTrust for data availability, making it an attractive option for users seeking scalability and cost-effectiveness.

Currently, DEGEN is valued at $0.04463, marking a 6% rise over the last 24 hours and a staggering 128% surge over the past week. These figures underscore the strong upward momentum of the token and its potential to significantly impact $1000 crypto portfolios.

2. Xai (XAI): Revolutionizing Gaming and Open Trading

Xai (XAI) introduces a disruptive concept to the gaming industry by enabling the integration of real economies and open trading in the latest video game generations. This innovation allows traditional gamers to possess and exchange valuable in-game assets in their favorite games without the need for cryptocurrency wallets.

XAI is currently trading at $1.06, experiencing a slight dip of 3.30% over the last 24 hours. It occupies the 239th position on CoinMarketCap with a market capitalization of $292 million.

Despite the recent decline, XAI has demonstrated strong price appreciation, with a 56% increase since its inception. This upward momentum positions XAI as a potential game-changer in the altcoin space and a key player in shaping the future of $1000 crypto portfolios.

3. Orbs (ORBS): Comprehensive Blockchain Solutions for Scalability and Performance

Orbs (ORBS), a Layer-3 blockchain network, has garnered attention for its comprehensive blockchain solutions that emphasize scalability, affordability, performance, and user-friendliness. Orbs offers a decentralized and transparent platform ideally suited for business and large-scale consumer projects.

Recently, Orbs' Layer 3 Liquidity Hub expanded its reach by integrating with Quickswap on the Polygon zkEVM network, providing Quickswap users with enhanced liquidity.

ORBS is currently priced at $0.040510 per token, reflecting a slight decrease of 1.13% over the past 24 hours. Despite this fluctuation, ORBS maintains its market presence with a total capitalization of $128 million and a trading volume exceeding $7 million, placing it 410th on CoinMarketCap.

4. Aavegotchi (GHST): Gaming, NFTs, and Decentralized Governance

Aavegotchi (GHST), the native token of the unique Aavegotchi NFT gaming universe, empowers its holders with decision-making authority in AavegotchiDAO, a decentralized autonomous organization (DAO) that governs the protocol, its flagship game Gotchiverse, and the Aavegotchi NFTs.

These NFTs are distinctive pixel ghost characters anchored to the ERC-721 token standard, evolving through interactions over time. Currently, GHST has攀升至 $3.30, marking a 25% increase in the last day alone, making it one of the day's top gainers.

A month ago, the team selected Base as the settlement layer for Gotchichain, signaling its expansion into a dedicated Layer-3 for Aavegotchi gaming. With a remarkable 98% increase over the last day and a 198% surge over the month, GHST exhibits a strong bullish momentum, making it a potential powerhouse in the $1000 crypto portfolio arena.

Conclusion

DEGEN, XAI, ORBS, and GHST are redefining the boundaries of cryptocurrency investments, particularly for those with modest portfolios. These Layer-3 altcoins offer a fresh perspective on growth and diversification in the digital asset space, highlighting the ever-expanding potential of the crypto market. As the ecosystem continues to evolve, these altcoins are poised to play a significant role in shaping the future of digital finance.