While the market is in a stable state, many developments are taking place in the altcoin market. In the list below, we have compiled what will happen in the ecosystem for April 13, 2022. Here are the details…
Important day for these altcoin projects
- ZooKeeper (ZOO) has been deployed to Avalanche (AVAX) network. Users will be able to use ZOO tokens on the platform for farming starting today.
- FastSwap (FAST) Launchspot will hold its IDO today at 19.00.
- Polkadot (DOT) and projects in its ecosystem such as Primer (ASTR), Phala Network (PHA), Parallel (PAR) will hold Polkadot Ecosystem Talk as part of Paris Blockchain Week.
- Sonar (PING) will hold a question and answer event with the participation of its founders and determining the next steps in the project.
- Paris Blockchain Week takes place from April 13-14.
- Huobi Global lists Syntropy (NOIA) with USDT pair.
- KuCoin lists COCOS BCX (COCOS) with USDT pair.
- Seedify.fund (SFUND) will implement the Realms of Ethernity IGO.
- KuCoin listed Alpine F1 Team Fan Token (ALPINE) at 11:00 CEST with USDT pair.
- Immutable X (IMX) will hold a question and answer event on Discord at 14:00 CEST.
- Immutable X (IMX) will hold a question and answer event for the launch awards.
- Acala (ACA) and Karura (KAR) will perform a joint live broadcast.
- Klaytn (KLAY) is holding a Q&A with Soramitsu.
- Digifinex lists ImpactXP (IMPACTXP) with USDT pair.
- WAX (WAXP) is holding a question and answer event on Twitter spaces.
What is the latest situation in the market?
As we reported on Cryptokoin.com, after a few days of free falls and falling below $40,000, Bitcoin has calmed down around this level. Most altcoins are also pretty stagnant today, with the obvious exception of the Shiba Inu. The meme coin has skyrocketed to multi-month highs after news of being listed on Robinhood. The failure of Bitcoin to rise above $47,000 last week meant trouble.
BTC started its gradual decline in the following days, first falling to $45,000 and then to $43,000. The situation worsened yesterday, when the cryptocurrency lost a few thousand more dollars and dropped below $40,000 for the first time in about a month. However, it seems to have gained momentum in the current situation.