Today is Critical Day for These 15 Altcoins: Here’s What They’ll Be!

Although FTX and Binance dominate the agenda, innovations continue to occur in various altcoin ecosystems. In this article, we will talk about the developments that have been or will be experienced in 15 altcoins throughout the day. Here are the details…

Precious day for many altcoins

  • Binance has re-listed VIDT DAO (VIDT), which has gone through the rebranding process, with BTC, USDT, BUSD pairs at TSI 11.
  • Cryptocurrencies such as Tezos (XTZ), The Sandbox (SAND) will attend the TOKEN2049 conference that will take place in London.
  • World Mobile Token (WMT) will take screenshots for early staking.
  • StarLink (STARL) will sell Living Module today, at 17 CET.
  • Primer (ASTR) will announce the new updates for the fourth quarter at 17 pm.
  • Concordium (CCD) will hold a question-answer event on Telegram.
  • VVS Finance (VVS) will perform its CROID IGO today.
  • OKX listed The Mars (MRST) at 11 CEST with USDT and USDC pair.
  • STEPN (GMT) will hold the monthly meeting where the roadmap will be discussed.
  • BitMart lists Minifootball (MINIFOOTBALL) in USDT pair at 18 CET.
  • LBank lists ClearCryptos (CCX) in USDT pair at CET.
  • Everscale (EVER) will hold a question and answer event on Reddit.
  • Regen (REGEN) has announced that the voting process for its proposal number 20 will end today.
  • XT.COM lists Bit Game Verse Token (BGVT) in USDT pair at CET 12.
  • MEXC Global lists Battle Infinity (IBAT) in USDT pair at 15:00 CET.

What is the latest situation in the market?

Meanwhile As we have also reported, the price of Bitcoin and altcoins is declining. The primary cryptocurrency hit multi-month highs at $21,500 last weekend. However, no one could have guessed what would happen in the next few days. BTC started losing price yesterday as the problem emerged between Binance and FTX. The biggest cryptocurrency has dropped below $20,000. The market went into complete chaos when Binance said it was planning to buy FTX due to liquidity issues.

At first, Bitcoin skyrocketed from $19,200 to above $20,500. But this was short lived. The entity reversed its trajectory in the minutes that followed. Afterwards, it began to lose value rapidly, which resulted in hundreds of millions of dollars in liquidation. At least the worst thing ever was that BTC dropped to $17,150, its lowest since late November 2020. Falling investors recovered pretty quickly before pushing the coin down. It subsequently rose to over $18,000. As of now, BTC is at $ 17,500. Its market capitalization fell to $335 billion. However, as altcoins crashed hard, its dominance rose to over 39 percent.

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