Get ready for an exciting weekend in the Bitcoin and altcoin world! The crypto agenda will be quite busy with various events, token burns, new product launches and voting that will take place on and after June 1 and 2.
The weekend is critical for those altcoin projects
- web3 artists in South Korea come together at the “BONK Together” event. (June 1)
- Token Burns: A significant amount of token burning will occur in LimeWire ($LMWR) and White Coffee Cat ($WCC) tokens. (June 1)
- New Stock Exchange Listings: Vitalik Smart Gas (VSG) will be listed on the LBank exchange. (June 1)
- New DApp Launch: Origin’s new dapp and OGV-OGN migration portal will be announced. (June 2 or before)
- Game Beta Launch: The beta version of the new racing game RoadRush will be released on the Nakamoto Games platform. (June 2 or before)
- Management Ratings: The ALEX Lab and dYdX communities will hold important governance votes. (June 2 or before)
- Long Term Events: The Graph’s “Sunbeam” upgrade and IOST’s monthly airdrop events will continue. (until June 11 and August 1)
- Half of the Childrens Aid Foundation (CAF) tokens will be burned and the other half will be moved to a different blockchain. (June 1)
- Voting will take place to merge Marblex game tokens. (until June 3)
- Cartesi will open voting on 3 modular improvements that improve DeFi applications. (until June 5)
What is the latest situation in the market?
Meanwhile, BTC increased its price above $ 70,500 in the week we are about to leave behind. Thus, he came under the complete domination of the bulls. The landscape changed as hopes of a potential challenge towards $73,800 began to emerge, with BTC losing more than three thousand percent on Tuesday. More volatility emerged in the following days, but Bitcoin ultimately remained between $67,000 and $69,000, with a short-lived attempt to surpass the latter on Thursday.
The subsequent rejection pushed the asset downwards sharply, dropping $3,000 yesterday to $66,600, its lowest price tag in nearly a week. The bulls finally reemerged at this point and did not allow any further decline. Conversely, BTC is up nearly $1,000 and currently sits between $67,500 and $68,000. Its market cap has fallen to $1.330 trillion and its dominance over altcoins stands at 50% on CoinGecko.
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