While the markets have started to gain momentum slightly, developments in the altcoin ecosystem are attracting the attention of investors. In the list below, you can see the events that will or have happened in 8 altcoins today. Here are the details…
Today, there are developments in 8 altcoin projects
- Unibright (UBT) will hold a question and answer event with its team.
- Decubate (DCB), Hodl Finance (HFT) will hold the demand event.
- KuCoin listed USDD (USDD) with USDT and USDC pair at TSI 13.
- Basic Attention Token (BAT) will hold a community meeting.
- Secret (SCRT) will broadcast live on Twitter at 20 pm.
- Covalent (CQT) will be meeting with his team in Miami.
- ProBit listed the Plugin (PLI) with USDT pair at 11 CET.
- Silent Notary (UBSN) announced today that it will share the announcement of a major project update.
What is the latest situation in the market?
As we reported as Kriptokoin.com, the price action that caused the seven-week candles of BTC to close in red last week, caused major disruptions with the 18-month low of $ 25,300 seen in Bitstamp. Bitcoin bounced at this point and rallied above $30,000 where it was over the weekend. It lost momentum as it fell below this line yesterday and slumped to $29,000.
However, the bulls accelerated at this point and did not allow further price drops. On the contrary, they pushed BTC up and the cryptocurrency reclaimed $30,000. As of now, it sits close to $31,000. As a result, BTC’s market cap has risen to $580 billion, while its dominance over altcoins is still around 44.5 percent.
Altcoins, which have gone through similar incremental price fluctuations over the past ten days, have remained relatively calm on the 24-hour scale. Ethereum dropped from $3,000 to $1,700 a few days before reclaiming $2,000 and has held that level ever since. Also, at the time of writing these lines, the second-largest cryptocurrency is close to $2,100. BNB is now hovering well above $300 after dropping to $230 days ago. Ripple, Cardano, Polkadot, Dogecoin, Avalanche, TRON and Shiba Inu are also in the green.
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