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      Alitas (ALT) posted 50% gains despite market bearishness, Here’s why - Stocks Telegraph

      By Muskan

      Published on

      January 24, 2022

      11:07 AM UTC

      Alitas (ALT) posted 50% gains despite market bearishness, Here’s why - Stocks Telegraph

      Alitas (ALT) has recorded 58% gains during the past twenty-four hours while the cryptocurrency market crashed. Cryptocurrencies have been seeing red as news of a Russian ban on cryptocurrencies and a potential worldwide stock market crash due to the new variant of coronavirus overtook the market. At the time of writing, the ALT coin is trading hands at $15.92 apiece. The daily trading volume has also jumped upwards by 40% and the cryptocurrency currently stands at a market rank of #211. 

      This is not the first time ALT coin has defied market momentum and has recorded positive gains while the market had been tumbling downwards. The cryptocurrency surged by more than 300% in November while the king and queen of the market had been on a steady downtrend. 

      Alitas (ALT) has also been on Binance Smart Chain’s top thirteen monthly price gainers with more than 150% gains during the month. Apart from a giveaway, the current bullish momentum of the coin is further fueling its momentum as the community is going long on the ALT coin. 

      Alitas 2022 roadmap 

      The bullish momentum for Alitas (ALT) comes amidst news of its success during 2021 and the future plans for 2022 – which are ready to be set in motion. The network has been staying on top of the game by taking up developments on par with the technological and trend advancement in the crypto market. As GameFi gained momentum, the network began the development of a GameFi SDK. Some of the other developments during the year include the adoption of tangle mechanism optimization, tangle fluid model improvement and all-in-all increasing the stability and efficiency of the network. 

      The year 2022 is expected to be buzzing with activities for Alitas (ALT) as a lot of developments are planned. The first quarter is dedicated to the development of on-chain sharding which will enable increased transaction efficiency. In the second quarter, the public chain will be under development and the on-chain governance will come to fruition in the third quarter will the gaming SDK will be completed in the last quarter. The roadmap of 2022 is designed to equip ALT coin to deliver its goal of being the underlying infrastructure for the next generation of blockchains. The development of the governance will also enable Alitas to be truly decentralized as the owner will go to the community.

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