As we come to the end of another week, the activity in the crypto money market continues. Especially in some altcoin projects, network updates, coin burns and stock market listings continue over the weekend. Here are the developments that will take place on October 15-16…
This weekend is important for 8 altcoins
- KRYZA Network (KRN) will perform a coin burn on October 16.
- Flux (FLUX) will launch SmartPool with Ergo (ERG) tomorrow.
- DEI (DEI) and DEUS Finance (DEUS) will hold the community meeting tomorrow at 22 CEST.
- Flux (FLUX) will hold a question and answer event on Youtube today, at 16:00 CET. At the event, they will talk about Jetpack 2.0 and IPFS.
- Huobi Global lists GMX (GMX) today in USDT pair.
- Nest Protocol (NEST) will hold a question and answer event today at 15:00 CET. The topic of conversation will be the decentralization and security of NEST.
- XT.COM lists Mango Man Intelligent as 1MMMIT.
- The data showed that 90,000 new addresses have been created on the Ethereum (ETH) network since the merge.
What is the latest situation in the market?
Meanwhile, as we reported on Cryptokoin.com, the price of Bitcoin experienced a slight decline. Bitcoin price is trading volatile near $19,189 after it was rejected below the $19,950 resistance level. Ethereum’s price fell more than 2% to $1,298. As we reported on Kriptokoin.com, the price of Huobi Token has skyrocketed since About Capital acquired the Huobi platform and appointed Sun as advisor. Therefore, Huobi Token remains in the limelight after gaining more than 75 percent in one week.
Earlier in the day, the global crypto market cap fell 1.9 percent to $919 billion. That is, most of the cryptocurrencies are traded on the red board. The crypto market volume in the last 24 hours has dropped 23.4 percent. It’s currently worth just over $64 billion. On the other hand, the total volume in DeFi is currently $3.8 billion. This accounts for about 6 percent of the 24-hour volume in the crypto market. The volume of all stablecoins is currently $59.9 billion, which is 93 percent of the total volume of the cryptocurrency market in a 24-hour period.
The top performers in the Asian session were Terra (LUNA), TRON (TRX) and UNUS SED LEO (LEO). Terra (LUNA) price rose more than 3% to $2.8. The price of TRON rose 3.5 percent to $ 0.063. In contrast, the price of LEO rallied over 3 percent to $4.45. TerraClassicUSD price remains bearish, down nearly 10 percent in the last 24 hours. It fell to $0.046.
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