These 22 Altcoin Investors Attention: Here are the Critical Announcements!

The week that started on January 24 was a period of recovery, in which the cryptocurrency market continued its horizontal trend. In this article, let’s take a look at the critical partnership, integration and mainnet announcements for 22 altcoin projects.

Here are the critical altcoin news

Let’s start with the Elon Musk-backed social media frenzy for Dogecoin to sign big brands as a payment method. Tesla CEO tweeted that if McDonald’s accepts payment with DOGE, he will eat a hamburger live. In recent developments, MrBeast Burger calls out to fast food chain Elon Musk and says that if he retweets the post below, he will add Dogecoin as a payment method.

In another development, Ripple, which is fighting with the SEC in the “unregistered securities sale lawsuit”, bought back the shares it sold as a result of the investment it received in 2019. With this acquisition, the value of the company reached $15 billion. On the other hand, Tetragon, the company that Ripple bought back shares, also made a significant profit. Meanwhile, the discovery process of the case, which has been postponed for the third time, will end on December 28. Details can be found here.

Let’s continue with Left (LEFT). FTX CEO Sam Bankman-Fried (SBF) reiterated his support for Solana and praised his ability to keep things going during the network outage that lasted more than 48 hours. In the thread of tweets posted yesterday, SBF noted that although Solana was unable to process as many transactions as possible, she still managed to complete a ton of transactions during the network downtime.

Partnership and integration news

Cryptocoin. com, Hector DAO has completed the CertiK audit. This means that the platform provides world-class security. He also reiterated that all funds of the platform are ‘SAFU’, while potential security risks are also fixed. ‘SAFU’ is a popular crypto term used to denote Secure.

Recently, several top social media platforms such as Twitter and YouTube announced their plans to integrate NFTs. According to reports, several top NFT events are currently trending on Twitter. One of them is that American Singer and Songwriter Madonna wants to buy a Bored Ape Yacht Club NFT.

Leading altcoin Ethereum is working on the transition from PoW mechanism to PoS mechanism. This move to the PoS mechanism aims to solve ETH scalability issues. In simple terms, Ethereum will be known as the Execution layer and ETH 2.0 will be known as the Consensus layer. Together, both the execution and the consensus layer will form the Ethereum Blockchain.

Seedify, the launchpad platform for the blockchain game and metaverse, has revealed the details of the upcoming NFT domain. The entry into the NFT space will be a big move for the Seedify ecosystem. Detailed information about the SNFTS token airdrop will be given in the coming days.

Diem (former Libra), backed by Meta (former Facebook), is reportedly considering the sale of its assets to return capital to its investors. The project is also meeting with investment bankers on how to best sell their intellectual property and help developers find new places to work.

Let’s end with Dogecoin (DOGE). A recent report compared the costs of blockchains to last year. Dogecoin’s transaction fees are 4% in a year. 230 and took the top spot. Ethereum, on the other hand, took the title of the cryptocurrency with the highest transaction fee, with an average fee of 52.45 per transaction. You can find the results in the table below.