The cryptocurrency market is having a very active day again today. There are important developments in many different altcoin projects. These developments include airdrops, stock market listings, conferences, voting and more. In this newsletter, we present you the most important developments in the cryptocurrency market as of February 7, 2024. We recommend that you do your own research before investing.
It is critical for altcoin projects today
- Beldex (BDX) will hold the Bern Hardfork Airdrop.
- Mantle Inu (MINU) was listed on the Bybit exchange.
- Hippo Wallet (HPO) was listed on the LBank exchange.
- Six Sigma (SGE) was listed on the MEXC exchange.
- PepeFork (PORK) was listed on the AscendEX exchange.
- Caduceus (CMP) was listed on the MEXC exchange.
- Coconut Chicken ($CCC) is listed on the Toobit exchange.
- MixMob (MXM) is listed on the MEXC exchange.
- AVA (AVA) was listed on the XT.COM exchange.
- PKT (PKT) was listed on the MEXC exchange.
- Frankfurt Digital Finance conference is held between 7-8 February.
- Voting on the proposal to add the dYdX (WETHDYDX) JUP-USD permanent market continues.
- Ergo (ERG) GORT Token Bidding has ended.
- GameFi.org (GAFI) VISION IDO was launched.
- DAO Maker (DAO) Lynex SHO launched.
- Horizen (ZEN) Shielded Pool has ended.
- Phala (PHA) community call was made.
- Osmosis (OSMO) question and answer event (AMA) was held.
- Solana (SOL) organized a question and answer event with Bitrue.
- Uquid Coin (UQC) and Ontology organized a question and answer event.
- Army of Fortune Metaverse (AFC) organized a question and answer event with KuCoin.
- DeXe (DEXE) organized a question and answer event with HackenProof.
- BitMart (BMX) organized a question and answer event in Chinese.
- Secret (SCRT) and HoudiniSwap organized a question and answer event.
- Hxro (HXRO) has made a developer update.
- MultiversX (EGLD) xLaunchpad ticket sales have started.
- Astroport (ASTRO) management voting continues.
- Stargaze (STARS) Cosmos Coin Flip voting continues.
- Stella (ALPHA) Epoch 5 awards distribution continues.
- Neutron (NTRN) Proposal 30 voting continues.
- Astroport (ASTRO) ARC-120 voting continues.
What is the latest situation in the market?
Meanwhile, the primary cryptocurrency has shown little movement over the past few days and even weeks. In fact, the asset’s last major move occurred in the middle of last week and it rose to $43,750 several times but was rejected each time. The last such rejection came last week, with the asset losing nearly two thousand dollars in value within hours. However, when the weekend came, it managed to recover a little and remained at $ 43,000.
Since then, Bitcoin has failed to make any major moves outside of yesterday’s $1,000 rise and fall. As of now, the cryptocurrency is trading above $43,000. The market cap on CMC has risen to just over $845 billion and its dominance over altcoins still stands at 51.2%.
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