1. Home
  2. Altcoins
  3. Ethereum Layer-3 Altcoins Have ‘Serious 100x Potential’, Says Coin Bureau’s Guy Turner – Here Are His Top Picks
Ethereum Layer-3 Altcoins Have ‘Serious 100x Potential’, Says Coin Bureau’s Guy Turner – Here Are His Top Picks

Ethereum Layer-3 Altcoins Have ‘Serious 100x Potential’, Says Coin Bureau’s Guy Turner – Here Are His Top Picks

0

Source: Daily Hodle

The host of the Coin Bureau channel Guy Turner is expressing bullish sentiment on Ethereum (ETH) layer-3 scaling solutions.

Turner tells the 2.46 million subscribers of the Coin Bureau YouTube channel that the native tokens of layer-3s (the scaling solutions built atop layer-2s) have massive upside potential going forward.

“The thing is layer-3s are also super efficient, making them perfect for things like gaming, decentralized finance (DeFi) and much much more besides. As such, layer-3 chains and the cryptos launching on them have some serious 100x potential.”

Among Turner’s top layer-3 picks include Degen Base (DEGEN) which is built on the Base layer-2 project, an Ethereum scaling solution backed by Coinbase crypto exchange, and Xai (XAI).

Says Turner,

“Not surprisingly its native Degen [chain] token was originally launched as a meme coin but also aims to reward engagement on its channel on Farcaster, a sort of decentralized version of Twitter. Since then Degen has garnered the attention of developers, content creators and enthusiasts alike…

Another layer-3 is Xai, a gaming-focused project that’s built on Arbitrum.”

DEGEN is trading at $0.0355 at time of writing while XAI is changing hands at $1.02.

Next up is Orbs (ORBS).

“Now Orbs is a layer-3 that’s actually sandwiched between the layer-1 and the layer-2s serving as a decentralized backend to enhance EVM (Ethereum Virtual Machine) and non-EVM compatible smart contracts to support things like web3, DeFi, NFTs (non-fungible tokens) and GameFi (gaming and DeFi).”

ORBS is trading at $0.0431 at time of writing.

 

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: DALLE3

The post Ethereum Layer-3 Altcoins Have ‘Serious 100x Potential’, Says Coin Bureau’s Guy Turner – Here Are His Top Picks appeared first on The Daily Hodl.

Go to Source
Author: Mark Emem