On the last trading day of the week, innovations stand out in the ecosystem of many altcoin projects. In this article, you can see the stock market listings and network updates that will take place today. In addition, the teams behind some projects will hold a question and answer event. So they will secure their user base and share their plans. Here are the details…
Today is the big day for 11 altcoin projects
- World Mobile Token (WMT) takes screenshots of early staking today, at 14 CET.
- RFOX (RFOX) will start the minting process for the VALT CitiXens NFT today.
- Puli (PULI) will hold the question and answer event with Bubblemaps at 23 pm.
- BitcoinZ (BTCZ) announced that with the Connect-Z integration, Binance Smart Chain users will be able to use BTCZ in a tokenized form.
- Strader (SD) and HEdera (HBAR) will hold a question and answer event on Twitter at 18.30 CEST.
- Verasity (VRA) will hold a question and answer event at TSI 17.
- KuCoin lists Saddle Finance (SDL) with USDT and BTC pair at 17 CET.
- BitMart lists Redlight Chain (REDLC) with USDT pair at 18 CET.
- Narkasa lists The Sandbox (SAND).
- Cardano developer Input Ourput has announced a mainnet version of the Deadalus wallet.
- The company behind Ethereum Name Service (ENS) has sued GoDaddy.
What is the latest situation in the market?
After a few days of negative price action, Bitcoin finally rallied, reclaiming the coveted $20,000. ETH climbs above $1,700, while SOL and DOT are up 9% daily. The past few days have been pretty brutal for the primary cryptocurrency, as we’ve reported on cryptokoin.com. By the end of August, he had already lost the coveted $20,000, and the start of the new month brought with it even more pain.
This peaked on Wednesday, when the asset dropped $1,500 within hours to a six-week low of $18,500. It managed to hold this level and bounced back to $19,000 as reported yesterday. When the European Central Bank announced the highest interest rate hike in its history (75 basis points), BTC did not even startle and remained at this level.
However, hours ago BTC was hacked. The bulls forced the cryptocurrency upwards and Bitcoin rallied above $1,000. Thus, it rose to just over $20,700, its two-week high. Its market cap has approached $400 billion and its dominance over altcoins has increased to 38.5 percent, gaining some ground. Altcoins outperformed BTC yesterday and most are now in the green, led by the largest. Ethereum slumped below $1,500 during the mid-week correction but surged to $1,650 yesterday on rising anticipation for Merge.
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