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HomeCrypto NewsAnalysis6 Exciting Altcoin News To Follow This Week

6 Exciting Altcoin News To Follow This Week

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


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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.

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

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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.


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/

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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.”


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.”


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”


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


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


Theta Network (THETA) and Theta Fuel (TFUEL)

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

Source: https://thetadrop.com/


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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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