Apart from the price and technical analysis of altcoin projects in the crypto money market, developments in their ecosystem also play a big role. Factors such as listing of projects on new exchanges and improvements in its network are changing the perspective on coins. That’s why investors have the latest ecosystem developments on their radar. In this article, we will share a list of what will happen in 8 altcoin projects today. Here are the details…
Today, there are important developments for 8 altcoins
- PolkaBridge (PBR) will release its new P2P testnet version.
- XT.COM listed Point Network (POINT) with USDT pair at CET.
- SwissBorg (CHSB) will hold a question and answer event about Thematics.
- Sonar (PING) is launching Sonar Studio 0.3 today.
- BitMart lists Exeno Coin (EXN) in USDT pair at 17 CET.
- Zilliqa (ZIL) will hold a question and answer event on Youtube and Twitter.
- Telos (TLOS) will launch Telos Farm. It also announced its partnership with ApeSwap (BANANA) for this purpose.
- GET Protocol (GET) is holding a question and answer event on Discord.
What is the latest situation in the market?
In the meantime, it is useful to look at the prices. As we have also reported as Kriptokoin.com, Bitcoin is trying to hold above $ 19,000. Bitcoin has experienced a huge surge in the last 24 hours. The asset briefly fell below $19,000. Now, it continues to trade in a narrow range. Altcoins have remained atypically stable. The end of last week marked bullishness for the primary cryptocurrency. This price action came less than 24 hours after the latest US CPI figures were released. Although BTC slumped from $19,000 to below $18,200, it bounced back to $20,000.
As in the previous examples, it failed to exceed $20,000 and returned to $19,000. The weekend was fairly quiet, with little movement in either direction. So was Monday. On Tuesday, the asset once again approached $20,000. So the landscape began to change. However, the scenario was repeated and BTC failed to exceed $20,000. After returning to a familiar sight at $19,000, Bitcoin was calm except for a brief dip below that level. However, it has managed to recover minor losses and now stands above $19,000 once again.
Alternative coins have been massively mimicking BTC’s performance over the past few days. This means that most of them are currently atypically sluggish. Ethereum rallied to $1,350 earlier this week, but failed there. It returned to $1,300 yesterday and is now sitting below that level. Cardano, Solana, MATIC, Shiba Inu, Tron and Uniswap are also experiencing small daily drops. In contrast, Binance Coin, Ripple, Dogecoin, and Polkadot are in green.
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