These Ethereum Layer-3 Tokens Could See 100x Growth, Says Coin Bureau’s Guy Turner

• Guy Turner from Coin Bureau backs Ethereum layer-3 scaling, citing big potential for projects like Degen Base and Xai.

• Layer-3 solutions promise efficiency for gaming and DeFi, attracting attention in the crypto community.

Cryptocurrency investor sentiment is shifting towards layer-3 altcoins as they gain traction in various sectors like gaming and decentralized finance (DeFi). In a recent YouTube video, crypto analyst Turner identified three layer-3 top altcoins, Degen Base (DEGEN), Xai (XAI), and Orbs (ORBS). Addressing the 2.46 million subscribers of Coin Bureau, Turner emphasized the efficiency and versatility of layer-3 scaling solutions, which are built on top of layer-2s.

These advanced frameworks aim to enhance scalability, throughput, and interoperability within the Ethereum ecosystem, catering to the evolving needs of developers and users alike. Turner believes that layer-3 chains and the cryptocurrencies launched on them have the potential to achieve remarkable gains, possibly up to 100 times their current value.

Degen Base (DEGEN)

Degen Base (DEGEN) emerges as a top pick among layer-3 altcoins. Initially launched as a meme coin, Degen Base has evolved to become a platform rewarding engagement on its decentralized version of Twitter, known as Farcaster. The project has attracted attention from developers, content creators, and enthusiasts alike. DEGEN’s potential continues to grow. Despite a recent 1.34% decline, DEGEN remains an intriguing option, currently trading at $0.000069.

Xai (XAI)

Xai (XAI) is a gaming-focused project built on Arbitrum, a layer-2 scaling solution for Ethereum. With a specific focus on the gaming sector, XAI is positioning itself to capitalize on the growing demand for blockchain-based gaming experiences. Turner’s endorsement underscores the potential of XAI to disrupt traditional gaming models and tap into the burgeoning market for decentralized gaming platforms. Despite recent market fluctuations, XAI maintains its potential, trading at $1.03, with a trading volume of $24 million over the past 24 hours.

Orbs (ORBS)

Orbs (ORBS) is uniquely positioned as a layer-3 solution bridging the gap between layer-1 and layer-2 protocols. As a decentralized backend, ORBS enhances Ethereum Virtual Machine (EVM) and non-EVM compatible smart contracts, facilitating the seamless integration of web3, DeFi, NFTs, and GameFi applications. Turner’s acknowledgment of ORBS highlights its role in bolstering Ethereum’s ecosystem and expanding its utility beyond traditional use cases. Despite a recent 7.8% surge, ORBS remains steady with a market cap of $147.7 million, trading at $0.043.

Growing Optimism for Layer-3

The evolution of layer-3 scaling solutions brings a new era in decentralized applications. Layer-3 solutions are poised to change industries like gaming and DeFi with their efficiency and versatility. Turner’s identification of Degen Base (DEGEN), Xai (XAI), and Orbs (ORBS) as layer-3 top altcoins underscores the growing optimism surrounding these technologies. Additionally, Turner’s bullish sentiment towards the projects underscores the diverse opportunities within the layer-3 ecosystem.

The future of layer-3 altcoins hinges on their ability to deliver tangible solutions and garner widespread adoption. As developments in layer-3 technology progress, investors will closely monitor the performance of coins like DEGEN, XAI, and ORBS, anticipating substantial returns.