Get ready for a busy weekend in the Bitcoin and altcoin world! This Saturday and Sunday (30-31 March 2024) witness various developments in different projects. Here is a breakdown of some important events…
This weekend is critical for those altcoin projects
- New Exchange Listings: Several tokens are gaining ground on new exchanges this weekend. These include RODAI/USDT, AQUARIUS/USDT, ARS/USDT, Homer (HOME/USDT) and Sonic Goat (SGOAT) on MEXC (March 30).
- Mainnet Launches: Nibiru Chain, a layer 1 project with its own fast blockchain technology, is scheduled to launch its mainnet in March
- Verasity (VRA): Staking rewards are being extended by 15% APY (March 31).
- PancakeSwap (CAKE): PancakeSwap plans to introduce several upgrades during Q1, including a Universal Router, Multi-Chain Simple Staking, Multi-Chain Oracle, Multi-Chain Perpetual Swap, and a public DEX.
- Acala (ACA): A snapshot of the VARCH airdrop will be taken on March 31.
- Lido DAO (LDO): The fourth Lido DVT test networks with the Obol and SSV networks are planned for March.
- Solend (SLND): You’ll be able to see if your leaderboard NFT is eligible for the Solend airdrop in March this weekend.
- Toncoin (TON): The long-awaited TON award-winning Telegram advertising platform is expected to launch in March.
- Verasity (VRA): Product store launches
- Friend3 (F3): The platform operates a buyback and burn program that uses 90% of its revenue.
- KONDUX (KNDX): KNFT release is set for March 31.
- Beta Finance (BETA): Available in Blast L2 with new features.
- Dynex (DNX): HyperPay wallet now supports DNX with Web3 support coming.
What is the latest situation in the market?
Meanwhile cryptokoin.com As we reported, Bitcoin and altcoins are trending sideways. Last week, after a relatively quiet weekend, Bitcoin’s business week started on a positive note. The asset rose from about $64,000 to $66,000 before reaching as high as $70,000 on Tuesday. The bulls increased the pressure and pushed BTC to a new 15-day high just below $72,000 on Wednesday. However, the asset was strongly rejected there and pulled back to $68,400 hours later.
Bitcoin soon began to recover and once again approached $72,000, but to no avail. Another decline followed and BTC fell to $69,200 yesterday. However, as of now it has managed to recoup most of the losses and stands at just over $70,000. Its market capitalization remained between approximately $20 billion and $1.4 trillion, and its dominance over altcoins stood at 49.7%.
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