Why You Should Pay Attention to $ALEO
> Privacy-focused Layer 1 that raised $200M in its last round at a $1.45B valuation, currently trading at a 60% discount.
>Lovechild between Ethereum’s programmability and Zcash’s privacy. Developers can build various zk-focused use cases on Aleo using the Leo programming language.
>Paxos Labs has announced a private stablecoin on Aleo called USDA.
> Coinbase is the leading validator on Aleo.
> Aleo has a network of around 170 provers delivering cost-effective zk proofs for apps. 
> The current proving cost for a basic zk proof is around $0.001–$0.003 (based on current Aleo price). Proving costs are paid using $ALEO.
>Around 73% of the $ALEO supply is currently staked, with a staking APR of about 9%, which is quite decent.
> $ALEO is part of the BNB token ecosystem and is available for trading on PancakeSwap.
Not financial advice, you can lose 100% of your capital you invest just based on this post, and i know nothing about crypto.

From X
Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

