ALT Coin Explodes 5,380% from $0.006 to $0.3288 on Binance: Details

• The ALT token opened for trading at $0.006 and surged 5,380% to $0.3288 in minutes.
• This came after a six-day farming schedule offering 500,000,000 tokens in airdrop.
• Binance has added ALT to its Simple Earn and Convert services, with Margin, Futures, and Auto-Invest to come after.

AltLayer (ALT), a decentralized protocol designed for rollups, has experienced substantial growth on the Binance trading platform shortly after becoming available for trading. Data from the Binance trading platform suggested that the ALT token opened for trading at $0.006. However, following a trading volume of $43.78 million, the asset grew explosively to $0.286 in under one minute. 

Later, ALT peaked at $0.3288 within 30 minutes of going live. In other words, AltLayer’s native asset has surged by 5,380% on the Binance trading outlet since becoming tradable in the past few hours. At press time, ALT trades at $0.29057.

Notably, ALT went live on Binance after the termination of the six-day farming schedule that started last Friday. The schedule allowed crypto market participants to stake their BNB and FDUSD tokens in separate pools to f…

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