Weekend is Critical for Those 14 Altcoins: Here’s the List of What’s Happening!

The cryptocurrency market is going through a very active period this weekend. With new listings for altcoin projects, management votes, valuable affiliates and ongoing programs, many developments have occurred or will occur for investors to follow. In this news, we have compiled the most important events and prominent projects of the weekend for you.

The weekend is critical for those altcoin projects

• The altcoin market is having active days this week. With new listings, management votes, stakeholder announcements and ongoing programs, there are many developments for investors to follow.
• One of the most important developments of the weekend was the new listings on the MEXC Global stock exchange. Projects named LandWolf (WOLF), NodeAI (GPU) and SOBAX (SBX) started to see progress at MEXC Global. This is an important step in terms of increasing the visibility of the projects in question and expanding the investor base.
• In many projects, management votes took place, which played an important role in the decision-making mechanisms of the community. While COTI (COTI) is voting on a new treasury price model, Metis (METIS) has completed the voting process of LST protocols.

• In addition, the Cronos (CRO) community continues to vote on CRO burning.
• Baby Doge Coin (BABYDOGE) announced a partnership with Yescoin to accelerate community growth.
• ThetaEuroCon 2024 conference, broadcast live on the Theta.tv platform, allowed sharing innovations and ideas in the field of cryptocurrency.
• Additionally, MultiversX (EGLD) platform has initiated the KYC step for the XOXNO project to be listed on the xLaunchpad platform.
• In some projects, long-term programs and events came to the fore instead of weekly developments. Immutable (IMX) platform announced that it is eliminating gas prices for players until September.
• The monthly airdrop program of the IOST (IOST) project will end in August.
• The stSAGA airdrop program of the Stride (STRD) project and the CoreIgnition program of Core DAO will continue until the end of the year.

What is the latest situation in the market?

Following a failed attempt to surpass $70,000 last week, Bitcoin headed straight south and fell to a monthly low of $64,000 on Friday. The weekend was much less volatile as expected, with the cryptocurrency holding just above $65,000. Monday started with a more impressive price increase to just above $66,500, but the bears emerged and started another decline. This time, BTC fell for several days in a row. As a result, it fell to $63,400 yesterday.

This was the lowest price level since May 15, as we reported as Kriptokoin.com. However, Bitcoin has recovered slightly since its multi-week low and is currently above $64,000. However, while the market value dropped below $1,270 trillion, BTC’s dominance over altcoins is still at 51.5%.