Over the weekend, we will observe some important developments for 12 altcoin projects. Some projects carry out token burning, while others are listed on various platforms. In addition, innovations regarding the developments in the network draw attention. Here are the details…
Here’s what’s going on for 12 altcoins over the weekend
- Branaverse (BRANA) is starting the “whitelisting” process for Warrior Cyborg NFT cards today. In total, 300 NFTs are expected to be sold to private whitelisted users.
- Branaverse (BRANA) is performing its token burning.
- Indoex lists Little Rabbit (LTRBT).
- Metaweek 2022, where cryptocurrencies such as Theta Fuel (TFUEL), 5ire (5IRE), SwissBorg (CHSB) will participate, will take place between 11-14 September.
- Horizen (ZEN) will hold the ZenCon0 ecosystem summit in Italy from September 11-13.
- Bitlo lists Optimism (OP), Flow (FLOW), and Filecoin (FIL).
- The world’s largest search engine Google has made a countdown tool for Ethereum Merge. Ethereum enthusiasts can now track the exact date Merge is expected to be released when they Google for “Ethereum Merge”.
- Bybit, one of the fastest growing cryptocurrency exchanges in the world, has partnered with SignalPlus, an enterprise technology company that offers options trading for cryptocurrencies.
- WOO Network (WOO) has received approval from Taiwan’s financial regulator for its anti-money laundering (AML) registration application.
- XT.COM has listed CARAC (CARAC) in both Innovation and DeFi Zones. CARAC is listed with USDT pair.
What is the latest situation in the market?
Meanwhile, Bitcoin’s price is booming, as we’ve reported on Cryptokoin.com. Bitcoin saw an incredible spike 24 hours after more than $1,500 was added to the coin’s price. This increase in price has come with a number of positive effects, including profitability for investors holding the cryptocurrency. While less than half of all traders were in profits when BTC fell below $19,000, the recent recovery has once again pushed the percentage up.
According to data from IntoTheBlock, half of all Bitcoin investors are currently posting profits at current prices. The 7.7 percent increase in the price of the coin over the past day has seen more investors gain in crypto once again. Currently, the percentage of investors in the money is 50 percent. Even more interesting is the percentage of investors currently in neutral territory. At 11 percent, the data shows that a large number of investors are buying their BTC in the $20,000 region. As for the losers, 39 percent of all traders are currently at a loss.
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