Watch Out For These 21 Altcoins: Here’s What To Expect!

As 2022 comes to an end, some altcoin events/events to watch out for are drawing attention. Here are the details
 Watch Out For These 21 Altcoins: Here’s What To Expect!
READING NOW Watch Out For These 21 Altcoins: Here’s What To Expect!

As 2022 comes to an end, some altcoin events/events to watch out for are drawing attention. In this article, we will convey some developments that will take place in the near future. Here are the details…

Coming soon altcoin events

  • Sushi (xSUSHI) realizes the token economy. Users will not pay protocol fees to xSUSHI stakers.
  • IOTEN (IOTN) is launching its mainnet tomorrow.
  • Grayscale is expected to decide on a buyback for Grayscale Bitcoin Trust (GBTC), which is traded at a large discount.
  • AIOZ Network (AIOZ) will perform the V1.3.0 update and hard fork tomorrow.
  • Optimism (OP) will be rolling out its update called Bedrock.
  • Azbit (AZ) will launch the weekly AZ Coin burning on December 26.
  • A recovery plan will be voted on after the USDN-pegged stablecoin leaves the stablecoin.
  • COTI (COTI) will perform the MultiDAG 2.0 hard fork on December 29.
  • As we reported on Kriptokoin.com, Elon Musk hinted that he could attend a Dogecoin (DOGE)-focused Twitter Spaces event. He had pointed to the possibility of securing participation only close to Christmas.
  • Dola (DOLA) will hold an airdrop on December 29.
  • Maker (MKR) continues its offer to partner with Yearn Finance (YFI).
  • ProBit Global lists CryptoArc (ARC) with USDT pair on December 30.
  • MEXC Global lists Mars Token (MRST) at 11 CEST with USDT pair.
  • Some of the coins LooksRare (LOOKS) and Moonbeam (GLMR) will hit the market next month.
  • THORChain (RUNE) and Trust Wallet Token (TWT) announced a partnership.
  • Phantom (FTM) founder and DeFi pioneer Andre Cronje has announced his return to the field.
  • Axie Infinity (AXS)’s Axie Origins game passed the Google Play review.
  • Crypto money projects GNS, LYRA and PREMIA will be implemented in Arbitrum.
  • Shiba Inu (SHIB)’s layer-2 solution, Shibarium, is expected to hit the market soon.
  • The REN foundation will launch a new mechanism through which they can issue unlocked tokens.
  • With ChatGPT becoming popular, various AI coins started to gain attention. In the coming period, this interest can be expected to increase.

As we leave 2022 behind, what is the latest situation in the field of crypto money?

As 2021 draws to a close, crypto enthusiasts were filled with optimism. After all, it was a great year. NFTs had become mainstream. Casual investors were talking to their friends about the relative value of Bitcoin against Ethereum. Some people even pretended to understand algorithmic stablecoins. Going forward a year, the main topics of conversation among the most loyal to crypto were about the bankrupt FTX empire and Sam Bankman-Fried. Money stranded on bankrupt exchanges and lending platforms after a series of major crypto-asset collapses was also a hot topic.

After the collapse of the TerraUSD algorithmic stablecoin along with the “crypto winter”, major crypto players fell like dominoes: Three Arrows Capital, Voyager Digital, Celsius, FTX, BlockFi went bankrupt. On the other hand, the Super Bowl, one of the biggest sporting events in the US, featured flashy celebrity advertisements from crypto companies such as Coinbase, Crypto.com and the aforementioned FTX.

In the Bahamas and Miami there were sessions on the future of Bitcoin during the day and crypto conferences with flashy parties at night. The industry’s importance grew in Washington, as generous political donations and an army of lobbyists signaled its growing influence there. Still, crypto prices continued to fall. Bitcoin, the largest token by market cap, has dropped more than 60%. It also caused a rout in the overall cryptocurrency market that wiped out nearly $2 trillion in total market value from the peaks reached in November 2021.

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