Today looks like a day when many altcoin projects will be busy. As it is known, an important development for the long-awaited Ethereum Merge is taking place today. Apart from that, there is important news for 21 altcoins. You can see them in the list below:
What happened/will happen today in 22 altcoin projects
- Merge for Ethereum (ETH)’s Goerli testnet is happening today.
- Dexioprotocol (DEX) is starting the pre-sale process for DEXI, which is preparing to migrate to the Cronos network, today, at 14 CET.
- NEAR Protocol (NEAR) will open a live broadcast today where it will discuss NFTs with ASAC.
- Aavegotchi (GHST) will launch the season 4 Rarity farming event today by taking snapshots.
- Money Expo India event will take place in Mumbai from 11-12 August.
- AscendEX lists Lovely Inu finance (LOVELY) in USDT pair at 16 CEST.
- Kadena (KDA) will hold a question and answer event on Telegram.
- MEXC Global is listing Duckereum (DUCKER) in USDT pair today at 15 CET.
- Huobi Global lists VVS Finance (VVS) with USDT pair.
- Race Kingdom (ATOZ) and Crypto Fight will hold a joint question and answer event today at CET.
- BitMart lists Project 202 (P202) with USDT pair at 12 CEST.
- SKALE (SKL) will broadcast live on Twitter Space.
- Cartesi (CTSI) will hold the question and answer event with Crypto Challengers via Telegram at 20 CET.
- Metaderby (DBY) and SafePal (SFP) will hold a question and answer event at TSI 13 via Discord.
- Gnosis (GNO) will hold a question and answer event at TSI 18.
- mStableUSD (MUSD) will hold a community meeting.
- Klima DAO (KLIMA) will hold a question and answer event with its core development team at TSI 19.
- ShoeFy (SHOE) will start the first phase of staking V2 today, at 19 CET.
- MEXC Global listed BuildUp (BUP) with USDT pair at 11 CET.
- MEXC Global lists LINK (LN) with BTC pair at 13:00 CET.
- Cube Network (CUBE) will hold a question and answer event over Telegram.
- KuCoin is holding a question and answer event from the India Telegram group with Casper Network (CSPR).
What is the latest situation in the market?
Apart from the network developments and listings above, macroeconomic developments also affect the market widely. As we have reported as Kriptokoin.com, yesterday, the United States government released the latest CPI data. He stated that after a few months of successive inflation with record numbers, it finally started to loosen. As in previous examples, Bitcoin price reacted almost instantly with a spike towards $24,000.
Since the beginning of the year, inflation figures from the US have affected the price of BTC as the cryptocurrency is considered to be a much riskier asset. The US has had to announce record-breaking inflation percentages for several months in a row. It was the highest rate in more than 40 years with 9.1% in July. However, due to falling oil prices, expectations were that the Consumer Price Index would fall for the first time in a long time in July.
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