Saturday, October 23, 2021
Home Crypto News Analysis 6 Exciting Altcoin News To Follow This Week

6 Exciting Altcoin News To Follow This Week

Altcoins are IOTA, Tezos, PancakeSwap, Avalanche, TrustSwap and Elrond

- Advertisement -

The total value of the cryptocurrency market has again gone over $2 trillion after Sunday fall. While the market dominance of Bitcoin is staying at 52.2. Some altcoin prices have started to rise again after a tweet from FXHedge that erased $288 billion from crypto market.

Read More: Shady Twitter Account Fxhedge Tweet Erased $288 Billion From Crypto Market


Cryptocurrency investors are preparing for a new week after the market drop. The 6 altcoins to follow this week are IOTA, Tezos, PancakeSwap, Avalanche, TrustSwap and Elrond, respectively.

IOTA (MIOTA)

News This Week: With Chrysalis just around the corner, the team is heads down in the final bits and pieces to make everything as smooth as possible both on April 21 and April 28

Why To Follow: Tests are being run on multiple instances of infrastructure to test all the migration scenarios. Iota Team has also already deployed the Chrysalis Mainnet infrastructure that will replace the current Mainnet. This will be reset on the day of launch, April 28, and will turn the current Mainnet into legacy Mainnet. Migration is being tested via Firefly builds in both an internal and external group of users.

Read More: https://blog.iota.org/dev-status-update-april-2021/

Tezos (XTZ)

News This Week: Tezos Domains Launch, Tezos Domains will be available to everyone from April 21st.

Why To Follow: Tezos Domains is a project similar to Ethereum Name Service. People will be able to match their Tezos addresses with a domain name through the auctions here. When a transaction is to be made, a name such as “blockchain.tez” can be used instead of the wallet address that seems complicated. This is expected to provide convenience to many people who deal with Tezos in general, especially for decentralized application (dApp) users.

Read More: https://tezos.domains/about/schedule

PancakeSwap (CAKE)

News This Week: PancakeSwap will reduce the token supply in the biggest ever cake token burning.

Why To Follow: PancakeSwap, who burns tokens weekly, said on April 19, “Today’s burning will be the biggest ever.” During last week’s burning, 4,842,540 CAKEs were destroyed, worth more than $119 million at that time.

 

Avalanche (AVAX) and TrustSwap (SWAP)

News This Week: Avalanche (AVAX) & Trust Swap (SWAP) have joined forces to bring the first-ever Launchpad to Avalanche.

Why To Follow: The TrustSwap Incubator Program is a brand new initiative assisting innovative and emerging ideas to be transformed into some of the most notable crypto startups in the industry. TrustSwap is the one-stop-shop for accelerating the growth of new crypto projects, embedding professional consultation throughout the full implementation process and the innovative TrustSwap Launchpad as the capital-raising platform.

Read More: https://trustswap.medium.com/the-trustswap-incubator-430c91bc00ef

Elrond (EGLD)

News This Week: EGDL owners will be able to claim MEX tokens.

Why To Follow: MEX is a token of Maiar Exchange, an automated market maker (AMM). Almost half of the MEX, with a supply of 1 billion, will be distributed to owners of Elrond (EGLD) token holders. During the snapshot, the EGLD amount people hold in Maiar or in wallets such as Ledger will be counted. MEX will be the first token of the Elrond ecosystem.

 

Other Altcoin Updates (Top 100)

Chainlink (LINK) and ILLUVIUM (ILV)

  • 19 Apr 2021
  • Live AMA with Chainlink
  • “Tune in on Mon, April 19, 2021 7:00 AEST to catch @KieranWarwick on @Chainlink Live’s Video Q&A.”

Source:

Hedera Hashgraph (HBAR)

  • 20 Apr 2021
  • Virtual Meetup
  • “A Virtual Meetup about the details of the upcoming NFT auction. This includes how to mint an NFT with Hedera Token Service.”

Source: https://www.meetup.com/Hedera-Hashgraph-Virtual-Meetup/events/277450060/?isFirstPublish=true

Hedera Hashgraph (HBAR)

  • 22 Apr 2021
  • Testnet V0.13.0 Release
  • “Scheduled (Apr 22, 2021, 18:00 UTC): Hedera will be upgrading the Testnet to v0.13.0.”

Source:

Binance Coin (BNB), Litecoin, DASH, And Waves

  • 21 Apr 2021
  • Blockchain Life 2021
  • “Blockchain Life 2021 is the main industry event of the year to take place in offline format.”

Source: https://blockchain-life.com/europe/en/

Polkadot (DOT)

  • 21 Apr 2021
  • Polkadot Learn Pathway
  • “Funded by Polkadot’s Treasury, the Polkadot Learn Pathway is one of the fastest ways for developers to learn how to build within the Polka”

Source:

Horizen (ZEN)

  • 22 Apr 2021
  • ZEN 2.0.22 Deprecation
  • ZEN 2.0.22 deprecation will happen on block #920000 (April 22nd).

Source: https://horizen.libsyn.com/horizen-weekly-insider-79-15march2021

ICON (ICX)

  • 25 Apr 2021
  • Balanced DeFi Launch
  • “Balanced: coming to you live, April 25 at 6pm PDT.”

Source:

Theta Network (THETA) and Theta Fuel (TFUEL)

  • 25 Apr 2021
  • NFT MARKET PLACE
  • “NFT + DIGITAL ASSETS NFTs Market Place Powered by Theta Native Chain.”

Source: https://thetadrop.com/

 

- Advertisement -
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. Holds major cryptocurrencies and has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

The Bank Of Israel Aims To Launch Its CBDC On Ethereum

For now, central banks around the world are still working on developing and testing their own CBDCs, but there are new ones that are...

Russian Central Bank Head Says Russia Is Not Ready To Launch Crypto ETFs

The head of the Bank of Russia, Elvira Nabiullina gave a negative answer to the question about the possibility of trading cryptocurrency ETFs in...

Spanish Banks Anxiously Waiting For Central Bank Approval To Work With Cryptocurrencies

Spanish banks are interested in providing cryptocurrency services directly to clients and expect the Spanish Central Bank will bring regulatory clarity for crypto.

Reddit Intend To Bring Its Non Fungible Token (NFT) Platform

Reddit is looking to hire people for what could become a new platform for non-fungible tokens (NFTs) and digital goods. ...

Second Bitcoin ETF, Valkyrie Bitcoin Strategy ETF (BTF) Started Trading On Nasdaq

On the Nasdaq Stock Exchange under the ticker BTF, a Bitcoin futures ETF from Valkyrie Investments began trading at a price of $25.5.

Transient Raises $1.2 Million in IDO Public Sale to Build the Amazon of Smart Contracts

Tortola, British Virgin Islands, 22nd October, 2021, Transient Network, a Smart Contract Global Marketplace, is thrilled to announce that it has raised $1.2 million...

Binance Smart Chain Is Bringing Fee-Burning Mechanism Like Ethereum

The Binance Smart Chain (BSC) has published a proposal to improve the BEP-95 ecosystem, This new mechanism will be similar to the Ethereum chain...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.