Tomorrow is Critical for These 8 Altcoins: Here’s the To-Do List!

Leaving another week behind, Bitcoin continues to move sideways. Altcoin prices also follow BTC. However, reasonable developments other than prices also affect the market. In this article, we will convey the developments in altcoin projects. The news about the word will be valuable for tomorrow, for the first day of the new week. Here are the details…

Tomorrow, this is important for altcoin projects

  • IBS (IBS) will complete the transition from TRC20 network to BEP20 tomorrow.
  • Azbit (AZ) will carry out its token burning tomorrow.
  • BitMart lists Synesis One (SNS) with USDT pair at 17 CET.
  • Songbird (SGB) has announced that its Flare network will become decentralized.
  • Huobi Global lists MiL.k Alliance (MLK) with USDT pair.
  • LBank will list Minebase (MBASE) in USDT pair at 11 pm ET.
  • ZooKeeper (ZOO) will launch the ZooRacers Beta tomorrow.
  • Coinsbit lists IBS (IBS) with USDT and BUSD pairs.

What is the latest situation in the market?

So, what is the latest situation in the market at this time? As we have also reported, Bitcoin continues to move sideways around $19,000. Bitcoin continues to trade with no value movement on either side at low trading volumes, in a precedent form to previous weekends. ETC and APT are in the middle of a few exceptions, recording significant benefits. More than one of your altcoins is also sitting quietly.

The past seven days have been significantly less volatile than the previous week, when BTC surged from $19,000 to $18,200 and $20,000, 24 hours after the latest US CPI figures were released. However, the asset failed to cross the $20,000 mark. It’s back to a familiar look of $19,000. He spent the last weekend at that level. It tried to move forward with the price surge to $19,600 on Tuesday, but was once again stopped in its tracks.

The scenario was repeated on Thursday. But this rejection forced BTC down for real and the asset dropped to a 9-day low of $18,600. It then jumped pretty fast, and by the weekend it was back to $19,000. Its market cap is still $367 billion, and its dominance over altcoins is less than 40 percent. In many alternative cryptocurrencies, the situation is similar to BTC. All the major altcoins quickly showed little benefits. These include Ethereum, Binance Coin, Ripple, Cardano, Solana, Dogecoin, Polkadot, MATIC, Tron and Avalanche. Also, SHIB is showing a slight decline. Ethereum Classic and Aptos stood out with their rise.

Similar Articles



Please enter your comment!
Please enter your name here


Most Popular