Although we are having a red day for cryptocurrencies, there are still many developments outside of price movements. Here are the events that happened or will happen in 15 altcoin projects today.
Today, there are important news from 15 altcoin projects
- Minter (BIP) is updating its token economy.
- Paris NFT day will take place with the participation of projects such as Jenny Metaverse DAO Token (UJENNY), Solana (SOL), Synthetix (SNX), The Sandbox (SAND).
- Synapse Network (SMP) will launch the OTC mechanism.
- BitMart will list BitShiba (SHIBA) with USDT pair at 18:00 CEST.
- FaraLand (FARA) is performing token burning.
- MEXC Global listed Burp (BURP) in USDT pair at 13:00 CEST.
- KuCoin listed Findora (FRA) at 12:00 CEST with USDT pair.
- Moonbeam (GLMR) will hold a question and answer event with Parity Tech.
- CoinTiger listed FiboDex (FIBO) with USDT pair at 13:00 CEST.
- Hoo.com lists USN (USN) with USDT pair.
- Trava Finance (TRAVA) will hold a Knights meeting.
- Ownly (OWN) will release the trailer for the NFT collection.
- SwissBorg (CHSB) will answer users’ questions live on Youtube.
- Floki Inu (FLOKI) will participate in the Q&A event on Telegram. The event will be held in The Kucoin Memecoins group.
- SonoCoin (SONO) will hold a question and answer event on Telegram with WhiteBIT.
- OEC Token (OKT) is broadcasting live on Youtube.
What is the latest situation in the market?
Despite falling for seven of the previous eight days, Bitcoin (BTC) surged above $40,000 on Tuesday, April 12 and gained some ground after falling below this mark recently. Bitcoin and the larger cryptocurrency market have suffered in recent weeks, as the US Federal Reserve (FED) began raising interest rates in response, due to historically high inflation and ongoing geopolitical uncertainty, as we reported on Kriptokoin.com.
Altcoins have not been enjoying themselves for the past few days either. Most went through notable fixes yesterday. Ethereum fell below $3,000 for the first time in three weeks. Although the second largest cryptocurrency is currently located above this particular line, it is still down more than 4 percent on a daily scale.
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