This week, we’ve seen spikes in price from several altcoin projects announcing their metaverse integration. The Axie Infinity team made a critical decision for the Smooth Love Potion (SLP), which lost almost 99% from the ATH price. Here are 9 altcoins and the developments of the week…
Altcoin projects are on the rise with these news
Shiba Inu (SHIB) and Baby DogeCoin (BabyDoge) are also preparing to enter the metaverse market. On Wednesday, Baby DogeCoin asked its 957k followers if they would like to see BabyDoge in the metaverse. The tweet also includes a 19-second video that looks like a trailer.
In a recent blog post based on popular Blockchain game A, AXS) announced a major rule change for its 20th season, stating that players will no longer receive Smooth Love Potion (SLP) for completing “daily missions” in turn.
Alchemy Pay (ACH) price increased by 77% after exchange listings and cross chain integrations. Analyst Jordan Finneseth lists 3 factors for the rise:
- The most important development is its launch on Binance Smart Chain at the end of January.
- A second factor helping the price momentum is its listing on multiple exchanges, including Binance, on January 10.
- The third development is the integration of Alchemy Pay with multiple Blockchain networks and the acceleration of fiat payments.
Number of addresses holding at least one ATH to the new Ethereum level reached. In addition, the locked deposits for ETH 2.0 exceeded $30 billion. Glassnode data confirms that the number of addresses holding at least one Ethereum (ETH) has peaked.
Manchestercom United – Tezoskoin as we quoted as Manchestercom (XTZ 1090701). You can find the details of the partnership here.
Partnerships and announcements
- IOTA Foundation collaborates with DataGovs to launch data governance protocol GOVS. Thus, DataGovs will now leverage IOTA technology to connect, automate and monitor the Internet of Things
- LBank has announced its integration with Chainlink for secure perpetual futures prices.
- Aave launches Web3 social media platform Lens Protocol.
- Trader Joe (JOE) rebounded strong 110% after Rocket Joe launch.
- CoinMarketCap removes allegedly fake SHIB wormhole addresses.
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