The latest hype surrounding the NFT market is ApeCoin (APE), which is listed on almost all major cryptocurrency exchanges. While the APE price continued to trade around $13 after peaking at $40, Ripple’s recommendation to Arab central banks as the “Future of CBDC” was among the developments in the altcoin market. In this article, let’s list the most critical altcoin developments of the week along with SHIB and LINK.
Current developments from SHIB, Ripple, LINK and 4 altcoin projects
- Launchpad platform Pool Finance announced its collaboration with travel firm Travala.com. Both organizations will partner to integrate Poolz Finance’s cryptocurrency (POOLZ) into Travala’s network.
- Following the Polygon network outage, a hard fork will be implemented at Blockchain project Heimdall that will upgrade the system to v0.2.8.
- Cryptocurrency exchange Kraken has announced that it will list Internet Computer (ICP), which is trading at 98% below the ATH price.
- Ripple announced that it will provide one billion XRP financing to developers. Developer funding will incentivize open source projects on the XRP ledger built to support corporate remittances.
- In other news from Ripple, an advisory group from Arab Monetary listed RippleNet as a direct alternative to SWIFT. Other developments include advising Arab central banks to develop “messaging protocols” using systems such as SWIFT GPI and significantly RippleNet.
- Whale watcher WhaleStats, past 24 hours reported that Ethereum whales purchased 1,991,751 Chainlinks (LINK) worth $1.99 million.
- More than 600 million Shiba Inu (SHIB) tokens have been removed from circulation forever in the last 24 hours. SHIB Super Store gave a huge boost to token burn events by sending over 595 million SHIB tokens to the dead wallet.
Bored Apes Yacht Club (BAYC)-backed cryptocurrency ApeCoin (APE) surged 40% after being listed on Binance, Coinbase, Huobi, Kraken, OKX, Bybit, FTX and Gate.io . Paribu is added to exchanges that list the APE token. Domestic cryptocurrency exchange ApeCoin (APE) opened its transactions at 15:00 today. You can reach the Apecoin guide that we prepared as Kriptokoin.com here.
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