Friday, July 30, 2021
Home Crypto News Analysis 5 Exciting Altcoin News To Follow This Week Plus Other Major Altcoin...

5 Exciting Altcoin News To Follow This Week Plus Other Major Altcoin Updates

What awaits Altcoin investors this week? Here's the development on EGLD, CAKE, PUNDIX, OMI and SXP, along with highlights of some other main coins events.

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As the crypto market started the new week, the BTC dominance fell below 55%. The total value of the market is more than $1 trillion 940 million and about $900 million of it comes from the altcoin market.

Altcoins such as BitTorrent Token (BTT), Holo (HOT) have gained much reputation because of their extraordinary performance.

Five Altcoins that we think will show nice performance this week are Elrond Network (EGLD), PancakeSwap (CAKE), Pundi X (PUNDIX), Ecomi (OMI) and Swipe (SXP), respectively. along with highlights of some other main coins events.


Altcoin News To Follow This Week:

Elrond Network (EGLD)

News This Week: Elrond announced in February that the DeFi module designed by Elrond Network will be available in different stages. The first phase of the module is planned to start on April 9th.

Why To Follow: Elrond DeFi 2.0 has been designed to launch  products such as Elrond swap, Elrond lending, Elrond launchpad, Elrond synthetic asset, Elrond NFT, Elrond ESDT, Elrond stablecoin. These products will be used by banks, businesses, startups and individuals. Elrond DeFi 2.0 will be fast without scaling problem. Benjamin Mincu, CEO of Elrond Network, describes this as the “era of autonomous banking”. The process, which is expected to start on April 9, will continue for months.

Read More On: https://elrond.com/blog/elrond-defi-20-autonomous-banking-economic-growth/

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PancakeSwap (CAKE)

News This Week: The PancakeSwap team announced Biggest ever token burn.

Why To Follow: PancakeSwap started to reduce token supply more rapidly after last week voting. On March 29, The team burned 4,274,788 Cake tokens about $73 million worth.

The team announced Next week will be the biggest CAKE burn ever (so far). 

Burning of cake token is reducing supply and as there is high demand of Cake tokens, there are chances that CAKE will make news All-Time-High after token burn.

 

Pundi X (PUNDIX)

News This Week: Pundi X Labs is preparing to switch from NPXS to PUNDIX and to open staking this week.

Why to follow: NPXS token, developed by Pundi X Labs, will be changed to PUNDIX. Exchanges supporting the update will delist NPXS and support PUNDIX.

Binance has announced support for PundiX update. Binance, will open PUNDIX/ETH and PUNDIX/USDT pairs on April 9.

Read Our Complete Guide On PundiX

On April 6, staking will begin on Function X developed by Pundi X Labs. The event that will last until June 15.

Function X Foundation will be allocating 10,500,000 FX tokens for the first onchain staking event, in which 6,930,000 FX (66%) allocating to PUNDIX holder and 3,570,000 FX (34%) allocating to FX holder. The whole distribution will last for 29 weeks (203 days). The staking event will be distributing 1,050,000 FX per week, or 150,000 FX per day.

Read More About PundiX staking: https://medium.com/functionx/function-x-march-hashout-part-2-43c0e61b1636

ECOMI (OMI)

News This Week: ECOMI plans to release the DeLorean collection On its VeVe app on April 8th.

Why To Follow: Digital collections can be made interactive with augmented reality, and the DeLorean project draws attention as augmented reality is used in it. The collection is expected to be available in a static version this week, and in a controllable form in the future. ECOMI COO Dan Crothers says the interactive version in development will “be a crazy thing.

Swipe (SXP)

News This Week: Swipe Ignition will be integrated into Swipe Swap, which is compatible with both Ethereum and Binance Smart Chain, on April 9.

Why To Follow: With Swipe Swap, digital asset trading can be made on-chain. The Ignition project is designed to enable newly established projects to raise capital with the Initial Wallet Supply (IWO) and enter the Swipe ecosystem.

 

Other Altcoin News (Top 100)

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Some other altcoin news falling in Top 100 are as follow:

Avalanche (AVAX)

  • 05 Apr 2021 (or earlier)
  • Encode Avalanche Club
  • “We are delighted to announce a dedicated Avalanche Club accelerator as a follow-on.”

Source: https://medium.com/encode-club/announcing-the-encode-avalanche-club-ea25e5187b48

Celsius Network (CEL)

  • 05 Apr 2021
  • Webapp Soft Launch
  • “we are soft-launching our Webapp as early as April 5!”

Source: 

 

Dent (DENT), Filecoin (FIL) and Wink (WIN)

  • 05 Apr 2021
  • Nami Listing
  • Nami Exchange will list #DENT, #FIL, #WIN and will open trading for DENT/USDT, FIL/USDT, WIN/USDT trading pairs at 14:00 (UTC + 7) on April.

Source:

Ontology (ONT)

  • 05 Apr 2021.
  • Live AMA.
  • “Our Head of Community, Will Be Answering Questions in an AMA, April 5th at 6:00 PM UTC Live on @CryptoCoinsCoach.”

Source: 

Holo (HOT)

  • 05 Apr 2021
  • LCX Listing
  • “LCX is now supporting HOLO ( $HOT Token ) at LCX Exchange. Deposits are open now. Trading will start tomorrow.”

Enjin Coin (ENJ)

  • 06 Apr 2021
  • JumpNet
  • “JumpNet: Launching April 6, JumpNet is a high-speed bridge network that will allow free, instant on-chain transactions of Enjin Coin.”

Source: 

Enjin Coin (ENJ)

  • 06 Apr 2021
  • GameTalkTalk Integration
  • “Eco-friendly #NFTs are coming to South Korea’s largest social gaming app and its 3 million users, powered by JumpNet launching April 6.”

Source: 

Cosmos (ATOM)

  • 06 Apr 2021
  • Coineal Listing
  • Trading: from 8:00 Apr 6 (UTC) | Pair: ATOM/USDT, ATOM/BTC”

Source: https://support.coineal.com/hc/en-001/articles/360062147494

ECOMI (OMI)

  • 06 Apr 2021
  • Mermicorno Series 1
  • “Only on the VeVe App, tokidoki’s Mermicorno Series 1 drops Tuesday, 6th April at 8 am PST on the VeVe iOS and Android apps.”

Source: https://medium.com/veve-collectibles/tokidoki-mermicorno-series-1-99897303bab4

Hedera Hashgraph (HBAR)

  • 06 Apr 2021
  • Mainnet Maintenance
  • The Hedera mainnet will undergo maintenance on Tuesday, April 6th, 2021 at 18:00 UTC. It’s estimated to take approximately 2 hours”

Source: https://status.hedera.com/incidents/klq3084z3y90?u=4fbrxc5znfjk

0x (ZRX)

  • 06 Apr 2021
  • Live AMA
  • “Mark your calendars for a YouTube AMA with 0x Co-Founders @abandeali1 and @willwarren89 on April 6, 2021 at 1.30 pm US Pacific Time.”

Source: 

DxSale Network (SALE) and Zilliqa (ZIL)

  • 07 Apr 2021
  • ZIL Dx Locker Launch
  • “@Zilliqa Dx Locker Launching on April 7th”

Source: 

VeChain (VET)

  • 08 Apr 2021
  • Business Bridge
  • “Jay Zhang of VeChain will take part in this panel discussion looking at how blockchain solves food safety challenges.”

Source: https://www.danskindustri.dk/arrangementer/soeg/webinarer/internationale-webinarer/blockchain–the-china-way/

Bitcoin SV (BSV)

  • 08 Apr 2021
  • Virtual Meetup
  • “Our Next BitcoinSV Virtual Meetup Will Be Held on Thursday 8 April 2021 at 7pm (CST).”

Source: 

Stacks (STX)

  • 09 Apr 2021
  • UFM x STX
  • Introducing the Stacks ecosystem to Universidad Francisco Marroquin.

Source: https://community.stacks.org/events#event=41594250

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Flow (FLOW)

  • 09 Apr 2021
  • Technical AMA
  • “Come ask us any technical questions and tell us about your exciting project this Friday, April 9 at 12pm PT /3pm ET”.

Source:

 

 

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Albert Brownhttps://thecryptobasic.com/
Albert Brown has obtained his master's degree in Stock Trading And Investing. His specialty is analyzing the price actions of crypto and stock markets. Albert provides a major role in TheCryptoBasic as a crypto analyst. He is also known for his work on Twinkle Magazine and TipRanks.

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