Tomorrow, critical developments for many altcoin projects come to the fore. The first day of a new week once again brings with it a flurry of activity and development. Because the crypto assets market never sleeps, tomorrow marks the start of another exciting week full of launches, Q&A sessions and important updates from the forefront of Blockchain technology. Monday sets the stage for a week of crypto-centric action that promises to shape the future of finance…
Tomorrow is critical for these altcoin projects
- Kryza Network (NRM) announced that it will strengthen its front-end.
- Chromia (CHR) is making changes to its staking APR.
- SmartCon 2023 starts tomorrow.
- Ultra (UOS) will announce its fee structure update tomorrow.
- FILVegas starts tomorrow.
- Cartesi (CTSI) will hold a Q&A event for its developers tomorrow.
- Metis (METIS) kicks off the DA transition vote tomorrow.
- CosmoVerse 2023 Istanbul event starts tomorrow.
- Verasity (VRA) will hold a question and answer event tomorrow.
- Catgirl (CATGIRL) will be holding the Kemi Showcase tomorrow.
- FLOKI will hold a question and answer event tomorrow.
- XCAD Network (XCAD) is ending PLAY Area voting.
- Kadena (KDA) will hold its weekly question and answer event tomorrow.
- Automata (ATA) will hold its community meeting tomorrow.
- Vega Protocol (VEGA) will hold a joint Q&A event with Chainflip.
- Azbit (AZ) will conduct its weekly AZ burn tomorrow.
What is the latest situation in the market?
So, what do the market conditions indicate at this time? Last weekend was not a positive one for Bitcoin, as the asset traded sideways at $26,600. The beginning of the new week was more painful. Within a few hours, BTC dropped several hundred dollars and settled below $26,000. However, the bulls managed to stop the move and pushed the cryptocurrency north. This included a failed attempt to surpass $27,000 on Wednesday. However, a day later there was a more successful attempt. In fact, in this attempt, BTC reached its peak of 10 days with $ 27,200. Since then, the asset has been swinging around $27,000. Its market value has risen slightly and is now close to $530 billion. However, its dominance over altcoins has remained stagnant at just under 49%.
Most large-cap altcoins have made small gains over the past 24 hours. This includes ETH, BNB, XRP, DOGE, TRON, and LTC, all of which are up less than 1%. Cardano, Polkadot, MATIC and Bitcoin Cash gained 1-2% in value. Additionally, Solana stands out as the best performer in this community with an increase of 5.5%. As a result, SOL remains well above $20. MKR is up by a similar percentage on a daily scale and it is trading above $1,550. In fact, MKR is among the two best-performing projects on a weekly basis, up 21% in this time frame.
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