The Bitcoin and altcoin market is starting to gain momentum after a tough weekend. Meanwhile, developments continue to occur in the altcoin markets. In the list below, you can see the developments in the ecosystem on June 21, 2022. Here are the details…
Today, there are big developments for these altcoin projects
- My Neighbor Alice (ALICE) will have the full launch of its game today.
- MXC (MXC) will launch BTC mining.
- Rigel Protocol (RGP) has announced that it will list CloudChat (CC) for its new farming LP with USDT pair at TSI 11.
- Secret (SCRT) will broadcast on Twitter Spaces at 20 pm.
- NEXO (NEXO) will hold a live question and answer event. Some names from the NEXO team will attend the event. It will answer users’ questions about NEXO’s internal dynamics and vision.
- Fantom (FTM) and Avalanche (AVAX) will hold a question and answer event on Twitter Spaces. The event will feature the topic of building authentic communities in the DeFi space. The event will start at 17 pm.
- Swarm (BZZ) will be broadcasting live on Youtube. The broadcast will cover the latest developments in the Swarm network.
- Blocks Space (BLS) is releasing its Infinite Battles P2E game.
- LBank lists Threshold Network (T) with USDT pair.
- Lisk (LSK) will hold a question and answer event on Twitter Spaces. The event will start at 16 CEST.
- Velo (VELO) will hold a question and answer event on Twitter. The event will start at 18 CEST.
What is the latest situation in the market?
Meanwhile, looking at the latest situation in the market, we can see that BTC has started to appreciate. The crypto markets finally saw some relief as Bitcoin rallied above $20,000 and Ethereum reclaimed $1,000. After several consecutive days of free falls and new multi-year lows, Bitcoin has finally bounced back. It went above $20,000 yesterday and over $21,000 today. Altcoins have also turned green today. As an example, you can review this article that we prepared as Kriptokoin.com and examines the splashed coins today.
Last week didn’t go all that well for the primary cryptocurrency, which dropped from $30,000 to just under $20,000 in this timeframe. This past weekend was particularly unpleasant as BTC fell below its 2017 all-time high and continues to plunge into new lows. This decline resulted in a price drop towards $17,500 on Sunday morning. It resulted in liquidation of over $600 million from over-leveraged traders. However, the asset reacted well to this major correction and a new 18-month low. It started to recover somewhat in the hours that followed. It is currently hovering just over $21,000.
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