The Layer 3 crypto landscape is bustling, with four emerging altcoins, DEGEN, XAI, ORBS, and GHST, transforming investment strategies for those holding $1000 portfolios. Amidst the market’s upward trajectory, these digital assets are spotlighted for their potential.

1. Degen (DEGEN)

Degen (DEGEN), a cutting-edge layer-3 blockchain developed atop Ethereum’s layer 2, has swiftly garnered attention and a surge in transactions. The blockchain’s associated DEGEN token has impressively climbed 172% in value since its debut. 

Syndicate.io made headlines with its announcement of Degen Chain, describing it as an “extremely cost-effective” layer-3 solution tailored for the Degen community. This innovation leverages Arbitrum Orbit, utilizes Base for settlements, and employs AnyTrust to ensure data availability. 

Currently, the DEGEN token is valued at $0.04463, experiencing a 6% increase over the last 24 hours and an astonishing 128% rise over the past week. These figures underline a vigorous upward trend. 

Presently ranked 219th on CoinMarketCap, Degen Chain boasts a market capitalization of $632 million. This milestone underscores the transformative impact of Altcoins on $1000 crypto portfolios, marking a significant shift in the landscape.

2. Xai (XAI)

Xai (XAI) introduces a revolutionary approach to integrating real economies and enabling open trading in the latest video game generations. This innovation allows countless traditional gamers to possess and exchange valuable in-game assets in their preferred games for the first time, bypassing the necessity for cryptocurrency wallets. 

Currently, the price of Xai stands at $1.06, witnessing 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.

Since its debut, XAI has experienced a 56% increase in price, showcasing a strong upward momentum. This performance underscores its potential to significantly impact $1000 crypto portfolios, marking it as a key player among altcoins.

3. Orbs (ORBS)

Orbs (ORBS), a blockchain network that emphasizes scalability, affordability, performance, and user-friendliness, is gaining attention for its comprehensive blockchain solutions. Tailored for widespread application usage, Orbs offers a decentralized, transparent platform ideal for business and large-scale consumer projects. 

Recently, Orbs’ Layer 3 Liquidity Hub broadened its scope by integrating with Quickswap on the Polygon zkEVM, marking a significant step in providing Quickswap users with enhanced liquidity from the Polygon zkEVM network. 

The latest Orbs price is at $0.040510 per token, witnessing a slight decrease of 1.13% over the past 24 hours. Despite this, Orbs maintains its position in the market with a total capitalization of $128 million, ranking it 410th on CoinMarketCap amidst a trading volume exceeding $7 million.

4. Aavegotchi (GHST)

Aavegotchi (GHST), the governing token of the unique Aavegotchi NFT Gaming universe, empowers its holders with decision-making authority in AavegotchiDAO. This body governs the protocol, its premier game – the 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, the Aavegotchi price has climbed to $3.30, marking a 25% increase in the last day alone, leading today’s gainers.

A month ago, the team selected Base for the Gotchichain’s settlement layer, signaling its expansion into a dedicated L3 for Aavegotchi gaming. With a remarkable 98% uptick in the past day and a 198% increase over the month, the project shows strong bullish momentum, significantly impacting crypto portfolios worth $1000 with its performance.

Bottom Line

DEGEN, XAI, ORBS, and GHST are redefining the boundaries of cryptocurrency investments, particularly for 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.

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