The cryptocurrency market started the week with over $2.4 trillion, with the price of bitcoin (BTC) surpassing $57,000 on some exchanges on Monday.
With a total market cap of over $1 trillion, bitcoin increases its dominance over the altcoin market, while for the altcoin market, Binance Coin, XRP, IOTA Foundation, Solana, Polkadot, Avalanche, Polygon, Stellar, FTX Token, Synthetix Network Token, dYdX, Zilliqa, Polymath, Updates on Pundi X and Strips Finance may be followed.
Binance Coin (BNB), Ripple, IOTA Foundation (IOTA)
- Opening price of the week: $417.10, $1.16, and $1.49
- This week’s news: The World Blockchain Summit event will be held from 13-14 October.
- Why to follow: Among the names expected to speak at the event are Navin Gupta, responsible for Ripple’s MENA region, Serguei Popov, founder of IOTA Foundation, Sandeep Nailwal, founder of Polygon, and Omar Rahim, responsible for Binance’s MENA region.
Left (LEFT)
- Opening price of the week: $151.74
- This week’s news: Solana Foundation for Solana users opened a poll.
- Why to follow: The Solana team analyzes people’s responses to the survey. what kind of data what data you want to use that you need will use it to understand.
Polkadot (DOT)
- Opening price of the week: $34.89
- This week’s news: Sub0 Online event will be held on 13-14 October.
- Why to follow: The two-day event, which will be attended by Polkadot founder Gavin Wood, will evaluate parachains and projects in the Parity ecosystem in general.
Avalanche (AVAX)
- Opening price of the week: $58.17
- This week’s news: NFT collection, Godzilla Rage Across Time, with the Avalanche community on October 13 will meet.
- Why to follow: Users will be able to purchase animated comic NFTs and other items after the collection is unlocked.
Polygon (MATIC)
- Opening price of the week: $1.28
- This week’s news: Amun, developed in collaboration with the Polygon Foundation Polygon Ecosystem Index (PECO) launch of the token made.
- Why to follow: PECO, the first index token designed to reflect the performance of Polygon’s leading projects, will officially launch on October 19, but users are already in the pre-sale process. Join and enjoy bonuses.
Stellar (XLM)
- Opening price of the week: $0.34
- This week’s news: Stellar Foundation, a virtual event on October 14 will arrange.
- Why to follow: Stellar’s third quarter performance will be evaluated at the event, which will be attended by Stellar Development Foundation CEO Denelle Dixon and other executives.
FTX Token (FTT)
- Opening price of the week: $54.80
- This week’s news: The executives of the cryptocurrency exchange FTX, on Oct. on Twitter will meet.
- Why to follow: FTX CEO Sam Bankman-Fried will make assessments about the current status of FTX. FTX US President Brett Harrison is expected to answer questions about FTX’s NFT marketplace.
Synthetix Network Token (SNX)
- Opening price of the week: $9.84
- This week’s news: Sargas, which will bring new features to Synthetix on Optimistic Ethereum L2, is expected to be released earlier this week.
- Why to follow: made according to the statement Among the features to be brought will be L2 Shorting. While there will be no glitches in L1 during the update, some operations in L2 are scheduled to be suspended for three hours.
dYdX (DYDX)
- Opening price of the week: $24.88
- This week’s news: A dYdX Improvement Proposal so that users who have already staked can get their money back or earn rewards presented.
- Why to follow: The said bill will continue until 03:00 Turkish time on 14 October.
Zilliqa (ZIL)
- Opening price of the week: $0.09
- This week’s news: Pillar ready for use on October 12 Waiting.
- Why to follow: According to the statement of the Zilliqa team, users will be able to issue stablecoins (mint) by showing ZIL as collateral via this stablecoin protocol.
Polymath (POLY)
- Opening price of the week: $0.79
- This week’s news: Made by Polymath according to the statement Polymesh’s mainnet will launch on October 13.
- Why to follow: The Polymesh network will also have a token called POLYX, which will have 14 operators operating nodes at launch.
Pundi X (PUNDIX)
- Opening price of the week: $1.72
- This week’s news: of Pundi X according to the description Pundi X Chain will be available on October 13.
- Why to follow: On this date, the genesis block of Pundi X Chain is planned to be opened and the first validators to be prepared.
Strips Finance (STRP)
- This week’s news: Strips Finance, which will also run an IDO on Polkastarter, will also have a token sale on MISO on October 13. will do.
- Why to follow: Derivative DEX, Strips Finance, which plans to use Arbitrum and BSC infrastructure, recently announced that it has received a total of $8.5 million investment from Multicoin Capital, Sequoia Capital India, Fabric Ventures, Morningstar Capital and more.
*The opening price of the week is based on data transmitted by CoinGecko as of 09:00 on Monday.