Cryptocurrency investors pay attention to ecosystem developments as well as price movements in their favorite altcoin projects. In this article, we have compiled the ecosystem developments for 17 altcoin projects today. Here are the details…
Today is the important day for 17 altcoin projects
- Litecoin Summit 2022 will take place in Las Vegas from October 21-22.
- Stakecube (SCC) will replace the SCC POW algorithm today.
- Phemex has opened trades for Aptos (APT) with the USDT pair.
- AscendEx lists Aptos (APT) in USDT pair at 16:00 CET.
- OneLedger (OLT) announced that it will update its product and roadmap today.
- Polygon (MATIC) and Aavegotchi (GHST) will hold a question and answer event on Discord. The event will start at 17 pm.
- Reef Finance (REEF) will hold a question and answer event with Pax World via Telegram. The event will start at 17 pm.
- Fringe Finance (FRIN) integrates with wETH. As we have also reported as Kriptokoin.com, Wrapped Ethereum (WETH) allows ETH transactions to be made on networks outside the Ethereum network.
- BitMart lists Flow (FLOW) with USDT pair at 18 CET.
- Storj (STORJ) will hold a question and answer event on Twitter Spaces.
- ARPA (ARPA) will hold a question and answer event via Telegram.
- Swing DAO (SWING) will be listed on LBank with USDT pair. The listing will take place at 16:00 CET.
- MEXC Global lists Minted (MTD) at 17 CET with USDT pair.
- Waves (WAVES) is holding a question and answer event today.
- Bitrue lists Magic (MAGIC) in USDT pair at CET.
- Bitrue lists WAX (WAXP) in USDT pair at CET.
- BitMart lists MintMe.com Coin (MINTME) in USDT pair at 16 CEST.
What is the latest situation in the market?
So, how is the overall cryptocurrency market moving in the meantime? In general, we can say that the market is moving in a downward direction. This week is unlike the previous one in terms of market volatility. Bitcoin had dropped from $19,000 to $18,200 within minutes following the US CPI figures seven days ago. So he experienced a “rollercoaster” and subsequently rose to $20,000. However, by the weekend, the asset calmed down and returned to its familiar levels of around $19,000.
Monday’s trading events were similar. The landscape started to change when it hit $19,600 on Tuesday. However, it did not exceed $20,000. Another small increase came yesterday, but it was pretty short lived. Therefore, BTC has returned to $19,000. It’s close to that number once again for now, but the recent price action points to a broader decline. Its market cap has taken a slight hit and stands at $365 billion. On the bright side, BTC’s dominance over altcoins has risen to over 40 percent.
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