Duong ne cho AutoLayer, dai nom de LAY3R, lan ra ngoai thi Trumat nay voi trang thai ngay ve thuong vien thuong goi la cryto. At the time of writing, the token was priced at $0.4158 and in the last 24 hours the token has gone up by a massive 39.07% drawing the attention of investors and crypto enthusiasts towards it. Such a tremendous growth converts AutoLayer into one of the potentially successful digital asset players.
Today, AutoLayer score has $543,155.51 of market capitalization and occupies the 2943nd place among other cryptocurrencies available. This can appear quite small compared to some of the more established players in the industry, however it must also be said that while the project may be curently ‘green’, it is also a very young project and therefore has all the room in the world to continue to ‘grow up’.
This is perhaps because of trading volume, one of the most evolving facets of AutoLayer’s recent operations. In the last one day trade, the token has traded a volume of $840,943.16, up by 12.52%. Such increased trading activity has placed AutoLayer in rank #1050 based on volume trends, and therefore it points toward the direction that there is higher demand and turnovers available within the market.
AutoLayer has a volume to market cap ratio of 154.83%, This is an indicator that it is in high trading activity compare to the size of its tokens. This is deemed as a measure of the market interest and while sometimes it may not necessarily be a positive sign for the token’s future, the present outcome is positive.
AutoLayer’s supply dynamics here form another interesting layer to the firm’s dynamic. Circulating Supply as per the LAY3R token holder’s claim is 1.31 million tokens with the outstanding total supply of 4.35%. This level of circulation could positively affect the increase in the price of the stock in case the demand ever increases. The total token, as well as the maximum token, supply is 30,000,000 LAY3R tokens, which means that there cannot be more LAY3R tokens in the world than 30 million tokens.
The market capitalization of AutoLayer according to the total supply of tokens is $ 12.47 million. This metric helps investors understand how much of the project’s value could reach if all tokens were available in a marketplace at present.
The latest results of AutoLayer make people wonder more about the key factors that contribute to its success. Though, the details about the specifics of the technology that the project implements and its current use cases are not mentioned at all in the given information, the notable growth of the price and a sharp increase in trading volume indicate that the token has become popular among the members of the crypto community. Perhaps current events, affiliations or advancement in the ecosystem of the project are mainly responsible for this positive trend.
Like with any other investment in the cryptocurrency space, the prospective investors should be careful and do their homework on AutoLayer, first. The crypto market is often characterized by high volatility, and while sharp price rise might bring joy, they are often followed by a dump. To some extent, it is important to know the basics of the project, its team, the timeline and potential applications before investing.
The world of crypto is developing with a very high speed and new projects and technologies appear in it constantly. By observing AutoLayer’s performance over the last few weeks, it can be considered a token to look at in the upcoming weeks and months. The fact that it can continue to expand on this type of growth in the recent past will be important in shaping the sustainability and usage of the app.
With the advancement of Digital Asset Space, projects such as AutoLayer help to build the future of Decentralized Finance and Blockchain Technology. This makes the performance of the token likely to be welcomed by developers, partners, and users that will thus add more utility and relevance to the ecosystem.
Consequently, the recent performance on the market has made AutoLayer become one of the focuses of the whole cryptocurrency market. In view of this, the token has well optimisé itself with a staggering price hike, a consistently ascending trading volume, and quite an interesting supply schedule to positively fit the overall narrative of the main cryptospace.
AutoLayer will most certainly be one cryptocurrency to watch closely as the project progresses and the market responds to its current success over the coming period. What its staying power will be and to what extent it can achieve that level of growth and turn it into long-term success remains to be seen, but for AutoLayer the company has made a mark in the constantly evolving world of digital currencies.
