On April 3, 2024, the Bitcoin and altcoin market had a day filled with exchange listings, network updates, and ongoing governance votes. We have compiled for you some of the important developments that stand out in this busy agenda.
There are critical developments for those altcoin projects
- Wormhole (W) has emerged as the most popular token and is listed on multiple exchanges including Bitget, MEXC, KuCoin, Gate.io, LBank, BitMart, and OKX.
- A significant number of tokens including MEXC Global, Perpy Finance (PRY), TensorSpace (TPU), MetaDOS (SECOND), Brightpool (BRI), HanChain (HAN), MOON INU (MOON), AI Dragon (CHATGPT) Catcoin (CAT) listed.
- Arcana Network (XAR) on Bybit, HyperGPT (HGPT) on BingX, SolSpend (SPEND) on MEXC, Panda Swap (PANDA) on BitMart, Iagon (IAG) on Bitget and PAID Network (PAID) on BingX listed.
- Immutable X (IMX) has released Watch Dogs-themed cards in the card game CrossTheAges.
- Polymesh (POLYX) has implemented a mainnet upgrade that introduces new features and functionality.
- The dYdX (WETHDYDX) community voted on the upgrade proposal, scheduled for April 8th.
- Synthetix Network (SNX) proposed adding sUSDe LP collateral to Synthetix V3 through Arbitrum.
- Fetch.ai (FET) stakers participated in an important vote on the merger with ASI Alliance.
- Several other projects, including GMX, Quasar (QSR), dYdX, Pundi X (PUNDIX), and Function X (FX), had ongoing management votes on various proposals.
- Fetch.ai (FET) hosted an AMA session to discuss the ongoing ASI Alliance merger.
- Axie Infinity (AXS) has a snapshot of Origins Season 8 rewards.
- Baby Grok (BABYGROK) has launched a website for its new tokenization platform GrokCat.
- Decred (DCR) continues its treasury spending vote. The voting process will continue until April 4.
- WazirX delisted pNetwork (PNT).
What is the latest situation in the market?
Meanwhile, Bitcoin and altcoin projects are experiencing a slight decline. Bitcoin rose as high as $71,800 several times last week but was stopped before it had a chance to break its all-time high of $73,800. After several pullbacks, the cryptocurrency calmed down around $70,000 over the weekend. Another rise came on Sunday evening, but it was also stopped at $71,200. The subsequent rejection pushed BTC downwards sharply. cryptokoin.com As we reported, it dropped to $66,000 yesterday.
Another decline came earlier today as BTC fell to a ten-day low of $64,500 despite massive outflows from Coinbase. However, the bulls managed to intervene at this point and stopped the free fall. Bitcoin has recovered almost two thousand dollars since its intraday low and currently stands above $66,000.
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