We are entering a new week and month in the field of Bitcoin and altcoins. As at the beginning of every week, we share the developments in various altcoin projects this week. You can see this week’s stock market listings, network updates and Q&A events in the list below. Here are the details…
This week is important for 19 altcoin projects
- Subme (SUB) will perform a coin burn today for the month of August. As we reported as Kriptokoin.com, Subme burns millions of coins on the first day of every month.
- Kadena (KDA) is launching the Kaddex V1 today.
- WeWay (WWY) will launch Staking V2.0 today. It is stated that with this launch, stakers will be awarded twice as much.
- ZAT Project (ZPRO) is burning 3 million tokens today, equivalent to 3 percent of its supply.
- Wing Finance (WING) will release an update to its Flash Pool today. Behind the update is the optimization of the WING distribution model.
- Floki Inu (FLOKI) will hold a question and answer event on Telegram today. The event will start at 18 CEST.
- XT.COM lists SOMESING (SSX) in USDT pair today, at 13 pm.
- Huobi Global is listing Prom (PROM) with USDT pair today.
- SW DAO (SWD) is completing the enhancements to its White Label investment program today.
- COTI (COTI) will deploy the hard fork MultiDAG 2.0 testnet tomorrow, August 2.
- BitMart lists Dii Coin (DIIC) with USDT pair at 18 CET tomorrow.
- P2PB2B lists Tolar (TOL) tomorrow with USDC, ETH and BTC pairs.
- Regen (REGEN) will hold a community meeting on August 3rd. Development activities will be discussed at the meeting.
- WAX (WAXP) is launching new Music Mogul packs on August 4th. These bundles contain NFTs for WAX Studios’ upcoming play-and-earn game.
- Huobi Global lists Lovely Inu finance (LOVELY) in USDT pair on August 5th.
- Kryxivia Game (KXA) will hold a question and answer event on Polygon Studios on August 5.
- From August 7-17, Korea Blockchain Week will take place. Teams of cryptocurrencies such as AVAX, AXS, C98, CQT, GF, IMX are expected to attend the event.
- SXP (SXP) will be sharing new details about its metaverse, District 53, at Korea Blockchain Week. SXP will attend the event on August 7.
- SW DAO (SWD) will integrate risk level visuals into its dApp on August 7th.
What is the latest situation in the market?
Meanwhile, the largest cryptocurrency BTC closed the month with a rise of close to 20 percent. On a weekly basis, it gained as much as 5%. However, the performance of ETH, the second largest crypto in July, was impressive. ETH is up almost 60 percent in the last 30 days on the excitement of Merge.
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