Today, significant developments continue to occur in various cryptocurrencies. We have entered a new month and the third quarter of 2022. That’s why many altcoins are trying to update their roadmap. Here are the developments in 21 altcoin projects today…
Today is an important day for 21 altcoins
- Minter Network (BIP) is performing BEE Token burning. With the token burning, the BEE token supply is reduced to 100 million.
- Subme (SUB) has announced its coin burning that will take place in July.
- TxBit (TXBIT) is performing its third quarter token burn. This time, it will burn 3 percent of the initial supply.
- Klever (KLV) is launching its management token. This token will be called KFI.
- Huobi Global lists Marblex (MBX) with USDT pair.
- Aragon (ANT) will hold a question and answer event. The event will start at 17.30 CEST.
- Theta Network (THETA) will hold a Q&A and talk about NFTs.
- Digifinex lists GulfCoin (GULF) in USDT pair at 15:00 CET.
- SafePal (SFP) will hold a question and answer event on Twitter Spaces.
- Ergo (ERG) is holding a special question and answer event to celebrate its third year.
- Telos (TLOS) will hold a question and answer event on Twitter Spaces. The event will start at 17.30 CEST.
- MEXC Global listed Marblex (MBX) with USDT pair at 8 CET. Thus, MBX staking was also activated in the stock market.
- XT.COM lists GRN Grid (G) in USDT pair at CET.
- BitMart lists Swappi (PPI) with USDT pair at TSI 13.
- BitMart lists Hubble (HBB) in USDT pair at 18 CET.
- Nord Finance (NORD) will launch NXT staking on the 17th.
- Presearch (PRE) increases the node staking rate from 2,000 to 4,000 PRE.
- DigitalBits (XDB) will update the roadmap.
- ProBit Global listed Lego Coin (LEGO) with USDT pair at 6 CET.
- BitMart lists Marblex (MBX) with USDT pair.
What is the latest situation in the market?
Bitcoin continues to experience negative price movements and falls below $20,000 for the second time in June. As such, BTC is on the verge of recording its worst-performing quarter in nearly a decade. With the cryptocurrency falling to new lows, the number of analysts trying to get a fresh perspective on the issue has skyrocketed. As expected, many now hold bearish perspectives.
Fund strategists, who are often bullish on BTC, have reversed their price predictions for the asset’s short-term future. Therefore, they stated that Bitcoin could drop to $12,500. Similarly, Rich Dad Poor Dad author – Robert Kiyosaki – said that if it drops to $11,000, he will buy more BTC.
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