Friday, May 7, 2021
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Top 6 Altcoin To Follow This Week

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The cryptocurrency market has entered this week behind Ethereum (ETH) great bull march. As Bitcoin price recovered above 50K, Bitcoin’s market share is sitting at 47.32%, and the altcoin market continue to grew. The total value of crypto market exceeded $2.35 trillion.

The 6 altcoin that can be followed this week are Uniswap, Stellar, Tron, Cosmos, Syscoin, and My Neighbor Alice.

Uniswap (UNI)

News This Week: Uniswap is preparing to switch to v3 on May 5th.

Why To Follow: Uniswap v3 will bring features such as liquidity concentration, multiple transaction fee tiers that will make capital use up to 4,000 times more efficient. Uniswap’s founder, Hayden Adams, said in his post on Sunday that the update will include a “surprise feature”.


Stellar (XLM)

News This Week: Stellar will go for an update on its test network on May 4th.

Why to follow: The Stellar team announced the transition to Protocol 17. The update will be actively tested for about 1 month, will be voted by the validators on June 1.

Key dates for transition to Protocol 17 are:

  • May 4, 2021 — Testnet upgrade.
  • June 1, 2021 — Public network upgrade vote.

Read More:

Tron (TRX)

News This Week: Tron announced the third phase of 5-In-1 Century Mining. The third leg of the event will start on Monday, May 3rd, 2021 21:00, till Jun 7th, 2021 20:59 (SGT)

Why To Follow: TRON Century Mining gives you the chance to earn the five mainstream TRON tokens TRX, BTT, JST, SUN, and WIN in one go.

Read More:

Cosmos (ATOM)

News This Week: Cosmos will launch a trading tournament at Gravity DEX on May 4th.

Why To Follow: A total of $200,000 ATOM will be distributed to the winners of the event that will last until May 11. Gravity DEX, which uses the Inter-Blockchain Communication (IBC) protocol, is still in the testing phase. This trading event will serve as a pre-launch rehearsal for Gravity DEX.


Syscoin (SYS)

News This Week: Syscoin will make a biggest announcement of the year on May 6, 3PM UTC time.

Why To Follow: Blockchain Foundry and Syscoin Foundation launched the Syscoin LUX version on May 1 to establish a non-fungible token (NFT) infrastructure. Syscoin posted a message 2 days before that, saying, “Watch out for May 6. We will make one of our biggest announcements this year.” 


My Neighbor Alice (ALICE)

News This Week: My Neighbor Alice has announced that digital Lands will go on sale this week.

Why To Follow: This event in My Neighbor Alice was scheduled to start last week. However, the team said that more tests and inspections were needed, and postponed the date to 8th May. Those who wish to enter will be able to stake ALICE on the Alice platform that is expected to open this week and purchase digital land.

Read More:

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Albert Brown
Albert Brown
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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