We ended the first quarter of 2022 and entered a new month. While altcoin projects continue to make statements about many innovations in their networks, we convey some developments that are certain to occur in April…
April is important for these altcoin projects
- Sologenic (SOLO) investors 100 million Coreum (CORE) will be distributed.
- Yield farming application Zoo Keeper, connected to the Zoo Ecosystem, is being released on the Avalanche network.
- Tomorrow, April 6, the launch of Light DeFi (LIGHT) trading will take place on the Ethereum (ETH) network, the second largest network in the cryptocurrency market.
- On April 8, Algorand (ALGO) will hold a meeting called AlgoTalks in Miami as part of Miami Tech month. Many leaders from the ecosystem will attend the meeting.
- On April 13, the Polkadot (DOT) ecosystem will meet as part of Paris Blockchain Week and discuss parachains.
- SingularityNET (AGIX) will launch the ERC-20 converter mainnet on April 18.
- DeBank is releasing version 2.0 on April 25th.
- In April, Horizon (HZN), Horizon exchange is expected to launch its mainnet on BNB Chain.
- Astar Network (ASTR) reported that they plan to launch at least 15 new projects on its network in April.
- Secret Network (SCRT) announced its mainnet update, Shockwave Alpha, in April 2022. As
- Kriptokoin.com, as we mentioned in the weekly developments list we shared yesterday, Kava (KAVA) will launch Ethereum Co-Chain beta and Ethereum bridge beta launch. Also, MINT token will be issued for Kava Mint Protocol. Finally, the Kava Foundation will become operational.
Latest situation in the market
While the developments that will take place throughout April are as above, it should be noted that the markets remained stable at the time of writing. Bitcoin rallied rapidly at $47,000, but failed in its tracks and soon pulled back by nearly a thousand dollars. Most altcoins have remained atypically stable. As of now, BTC is just over $46,000 and its market cap is well below $900 billion. Within hours, the coin reversed most losses and was once again close to $47,000.
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