Today is an important day for some projects in the altcoin ecosystem. In the list below, you can see the network developments, stock market listings and Q&A event today…
Today will be significant for 14 altcoins
- TRON (TRX) will hold a question and answer event at TSI 17.
- Huobi Global lists Unizen (ZCX) with USDT pair.
- MegaCryptoPolis (MEGA) is performing the token swap today. The MEGA token changes 1:10, renaming it to Mega World.
- KuCoin lists Metaverse.Network Pioneer (NEER) in USDT pair at 15:00 CET.
- Bezoge Earth (BEZOGE) will launch its beta today.
- SKALE (SKL) will hold a question and answer event with the community.
- Merit Circle (MC) will hold a question and answer event at TSI 20 today.
- Huobi Global lists Agoric (BLD) with USDT pair.
- Clearpool (CPOOL), LayerZero and Sino Global are holding a question and answer event today at 17:00 CET.
- MEXC Global lists IX (IXT) at 15:00 CET.
- Hypercent (HYPE) and Kadena (KDA) will hold a joint question and answer event today.
- BitMart lists Stable One Rocket (SROCKET) today at 18 CET with USDT pair.
- Secret (SCRT) is holding its question and answer event at TSI 19.
- Bridge Mutual (BMI) and Linear (LINA) will hold a question and answer event on Telegram at 18:00.
What is the latest situation in the market?
As we reported on Kriptokoin.com, yesterday, the BTC price dropped to $19,500. According to some experts, the local bottom seemed to be marked at this point. Since then, Bitcoin price has recovered by almost $1,000 and is currently trading above $20,400. However, Bitcoin’s dominance, the metric that measures its share over the entire market, has dropped nearly 0.3 percent over the past 24 hours. This isn’t a huge difference, however, it does show that altcoins are outperforming their recovery.
After depressing dips, altcoins are finally seeing some green. Ethereum is up 10 percent since this time yesterday and is currently testing the resistance at $1,600. The cryptocurrency is still down 1.7 percent in the past seven days. But the recent recovery is noteworthy. Alongside ETH, AVAX gained 13.54 percent daily. He regained most of what he had lost in the previous few days.
ADA is up 5%, XRP is up 3.5%, and Solana is up 8%. Lido was the top-earning cryptocurrency in the last 24 hours (17%). The coin was followed closely by Synthetix Network’s SNX, up 14%. The leap performed well to improve the overall market sentiment, which rose in the ‘fear’ zone. The metric was previously in a state of “extreme fear”.
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