The altcoin world is constantly evolving with new projects emerging, exciting updates, and major events happening every day. Tomorrow, February 5, 2024, the first day of the new week, looks set to be no different, with many notable developments taking place across various projects. To keep you informed, here is a brief summary of the most important news…
Tomorrow is critical for those altcoin projects
- Derby Stars RUN (DSRUN): Early Access holders and participants can receive their airdrop tomorrow at 11:00 UTC.
- Bitgert (BRISE): New staking platforms are opening today, allowing users to earn $BEFE by staking $BRISE. This could be a lucrative opportunity for BRISE holders.
- CorgiAI (CORGIAI): CorgiAI Social Club introduces Top Dog staking, offering users a way to earn rewards with CORGIAI tokens.
- Stride (STRD): $STRD airdrop is happening on Astroport for early holders of $stTIA and altcoin liquidity providers.
- Euro Tether (EURT): This European-backed stablecoin will list on PointPay tomorrow, offering an alternative to European investors.
- VuzzMind (VUZZ): This project reaches MEXC with the VUZZ/USDT trading pair, increasing its accessibility and liquidity.
- Catman (CATMAN): Tomorrow CATMAN/USDT pair will be listed on MEXC.
- Tectum (TET): This project is implementing TPS Demonstration Phase 1, which aims to demonstrate high performance capabilities.
- Cartesi (CTSI): Join the Dev Brief Call on Discord to keep up with the latest development progress and ask your questions directly to the team.
- Floki (FLOKI): An AMA session is being held tomorrow with core team member “B” discussing Floki and the TokenFi revolution.
- Internet Computer (ICP): Experts gather to discuss the innovative world of Ordinals in the ICP ecosystem
- Toncoin (TON): The TON Community is hosting an AMA with Ekin Tuna covering The Open League and SBTs.
What is the latest situation in the market?
Meanwhile, Bitcoin has rebounded from its post-ETF approval slump, falling more than ten thousand in weeks. After the big drop to $38,500, the asset rebounded and quickly jumped to $40,000 the previous weekend. The business week got off to an even more impressive start when BTC began rising on Monday and saw it rise to $44,000 on Tuesday and Wednesday. However, it failed to continue the rise and the bears dragged it to $42,000 on Thursday after the US Fed Chairman said there would be no change in the central bank’s monetary policy.
Bitcoin showed some recovery on Friday but failed to definitively surpass $43,000. Since then, the asset has remained predominantly calm at this level and remains there currently. Its market capitalization remains at just over $840 billion and its dominance over altcoins in CMC stands at 51.2%. It’s just a glimpse of the exciting developments happening in the crypto space today. Stay tuned for more updates. Remember that the crypto world moves fast, so stay informed and make informed decisions!
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