Monday, September 27, 2021
Home Crypto News Analysis Top Altcoin To Follow This Week

Top Altcoin To Follow This Week

- Advertisement -

The cryptocurrency market entered the second week of June with a value of $1.7 trillion. The market, which fell below the $2 trillion on May 19, was not able to come back above 2 Trillion USD.

BTC dominance rate, which indicates the share of Bitcoin in the market, fell below 42% before May 19 decline, and rose above 47% in a few days after the fall. According to Monday’s data, Bitcoin dominance is pulled back to 41.6%.

As no one knows how Bitcoin, altcoins and the market in general will be shaped during this week; Some news this week about Ethereum, Ripple, Polkadot, Tron, PancakeSwap, Zcash and NEXO might be worth following.

Ethereum (ETH)

News This Week: Ethereum developers will implement the London hard fork on the Ropsten testnet on June 9th.

Why To Follow: The London package includes protocols such as EIP-3198, EIP-3529, EIP-3541, EIP-3554. But the most anticipated thing to come with London hard fork is EIP-1559. This proposal, which will lead to a radical change in the gas fees mechanism in Ethereum, will be tested on the Ropsten, Goerli and Rinkeby networks, respectively. Eyes are turned to July for the transition to the mainnet,

Ripple (XRP)

News This Week: Ripple lawyers stated in the document they sent to the court on June 4 that the SEC’s documents on assessments of Bitcoin and Ethereum as not securities were still not delivered to them. Ripple applied to Judge Sarah Netburn for the delivery of documents. Ripple requested for a response to their request from the SEC by June 9.

Why To Follow: Ripple and the SEC continue to discover evidence against each other as part of the legal process that began in December 2020. The SEC still has not fulfilled a court decision, and has not submitted its internal correspondence about Bitcoin and Ethereum, not considering them as securities to Ripple. Ripple wants to examine the internal conversations the SEC has had over the years to declare Bitcoin or Ethereum not as securities. SEC; Since it does not recognize BTC and ETH as securities, but recognizes XRP as security, it is thought that the SEC hand will weaken if there is a statement to the contrary in the past talks.

Polkadot (DOT)

News This Week: Polkadot will hold a panel discussion on non-fungible tokens (NFT) on June 10.

Why To Follow: Thursday panel will feature names like Witek Radomski, founder and CTO of Enjin. The panel will discuss importance of NFT world along with major partnership announcement are expected.

Tron (TRX) and BitTorrent (BTT)

News This Week: APENFT Foundation will airdrop APENFT (NFT) to those who have TRC20-BTC, TRC20-ETH, TRC20-TUSD, TRX, BTT and JST tokens on the TRON network in order to drive up engagement from TRON users.

Why To Follow: The APENFT Foundation plans to distribute 5% of the total APENFT supply to the Tron community within a total time frame of 2 years. 1% of the total APENFT (NFT) supply will be airdropped in the first month. In the following two years, 4% of the total APENFT (NFT) supply will be airdropped once per month for 24 months. June 10, 2021 at 12:00 (UTC), total airdrop amount: 9,999,900,000,000 NFT. July 10, 2021 at 12:00 (UTC) to June 10, 2023 at 12:00 (UTC), total airdrop amount on 10th of every month: 1,666,650,000,000 NFT.

Read More On:

PancakeSwap (CAKE) and Automata (ATA)

News This Week: PancakeSwap opened the pool for Automata token ATA. ATA is coming to PancakeSwap at 7am UTC on June 7th.

Why To Follow: A total of 3 million ATA will be distributed in the pool, which will remain open until August 6th. Binance also listed ATA in the Innovation Zone at 9:00 am today.

Read More:

Zcash (ZEC)

News This week: Zcon2 will be a virtual conference, streaming on YouTube will take place on Tuesday, June 8th and Wednesday, June 9th 2021.

Why To Follow: The theme of this year conference is “Privacy until the end”. On the first day of the conference, what is happening in the Zcash ecosystem, and on the second day, the work done in the field of privacy (current studies in areas such as zero-knowledge proof, interoperability, network privacy) will be discussed.

Read More On:


News This Week: Governance Proposal: Daily Interest on NEXO and a Final Dividend.

Why To Follow: Voting will determine whether NEXO holders will receive interest on a daily basis or not. According to the statement made by Nexo, if the vote is accepted, interest rates of up to 12% per year will be offered to token holders.

Read More:

- Advertisement -
Mark Brennan
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.


Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

President Nayib Bukele: “Chivo Is Not A Bank, But In Less Than 3 Weeks, It Now Has More Users Than Any Bank In El...

Nayib Bukele, El Salvador president, has claimed that 2.1 million citizens are using the new government-backed Chivo cryptocurrency wallet. In a tweet, he implied...

PortAventura World With 5.2 Million Yearly Visitors Becomes the First Theme Resort to Accept Bitcoin as Payment at the Hotels

The Spanish amusement and leisure park - PortAventura World - would be the first in its field to add bitcoin payments. The initiative would... reports 130% client growth in 1H 2021

Gibraltar, -, 27th September, 2021, Trading volumes soar by 197% on fast-growing European crypto platform affirming rising levels of crypto adoption among global investors,...

VanEck lists TRON ETN on Euronext Paris and Amsterdam

Singapore, Singapore, 26th September, 2021, TRON has announced that VanEck Vectors TRON ETN (VTRX) will be listed on the Euronext exchanges in Paris and...

Paul Pierce, Phil Ivey, Mr. Beast and Joe Lubin Tonight In Virtue Poker’s Awaited Celebrity Charity Poker Tournament

Xbiex, Malta, 26th September, 2021, Virtue Poker is excited to host The Celebrity Charity Poker tournament that commences tonight, September 26, at 11 pm...

Kawaii Islands Nets $2.4M In Private Token Sale For Its Anime Play-to-earn Metaverse

Tortola, British Virgin Islands, 25th September, 2021, Play-to-earn blockchain games continue to take the world by storm, and Kawaii Islands is ready to throw...

Microstrategy CEO, Michael Saylor On China Banning BTC And Crypto: “Nothing Has Created More Wealth In The Past Decade Than Technologies Banned In China”

Microstrategy CEO, Michael Saylor always shows that he is a faithful supporter of Bitcoin. Microstrategy currently holds 108,992 BTC. Michael Saylor is among the...

Subscribe To Our Newsletter

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