As we close the last week of January, many developments in altcoin ecosystems draw attention. As we prepare for the new week, there is a lot of news for investors to consider. In this post, you can see tomorrow’s launches, Q&A events and the latest developments.
Tomorrow is important day for various altcoin projects
- Lamden (TAU) will launch its mainnet V2 tomorrow.
- AntNetworX (ANTX) will hold a joint Q&A event with Binance tomorrow. The event will start at 22 CEST.
- New token listings on the KRYZA exchange of KRYZA Network (KRN) will begin tomorrow.
- Bifrost (BFC) will launch its mainnet tomorrow.
- ADO.Network (ADO) will update its roadmap and hold a Q&A event tomorrow. At the event, three new products scheduled to hit the market will be announced.
- Vega Protocol (VEGA) will hold a question and answer event on Twitter Spaces.
- Velas (VLX) and OccamFi (OCC) will hold a joint question and answer event tomorrow.
- Qredo (QRDO) will hold a question and answer event tomorrow at 22 CET.
- ICHI (ICHI) will hold a question and answer event on Discord tomorrow about the growth of the project.
- LBank lists MetaDoge BSC (METADOGE) in USDT pair at 11 pm tomorrow.
- dYdX, a decentralized exchange that supports trading in perpetual futures contracts of crypto assets, including Ethereum (ETH) and Bitcoin (BTC), has suspended the Layer-2 transfer feature.
- According to the website of Shibburn, a tracker of Shiba Inu tokens burned, SHIB’s burn rate has dropped 63.85 percent in the last 24 hours.
- The computational power of the blockchain network Litecoin has reached an all-time high (ATH) at block height of 2,411,048, reaching 798.43 terahash per second (TH/s). Litecoin’s difficulty also reached an all-time high: 23,505.03.
What is the latest situation in the market?
So, how is the cryptocurrency market moving in the meantime? BTC stays above $23,000 despite failing to surpass $23,500 once again in the last 24 hours. Altcoins are pretty quiet today as only Litecoin stands out as a notable gain. The largest cryptocurrency spent most of the week in the $22,000 to $23,000 range, except for a few brief price spikes. Most notably, the asset has hit $23,800, its new highest price point since September.
However, every attempt was quickly stopped by the bears, and they did not allow new local highs. Next came the US GDP data and PCE figures, but as we reported on Cryptokoin.com, they did not bring any significant volatility. Therefore, BTC entered the weekend just under $23,000. As of now, it is trading above $23,300.
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