This week has been dynamic for the altcoin market, with new projects getting listed on exchanges, existing projects rolling out new features, and airdrops attracting attention. Let’s delve into the important events happening on July 20-21:
Weekend Altcoin Projects to Watch
Banana Gun (BANANA)
Binance listed Banana Gun (BANANA) with BTC, USDT, BNB, FDUSD, and TRY trading pairs on July 20. This listing is expected to boost Banana Gun’s visibility and trading volume, marking a positive development for the token.
AscendEX also listed Banana Gun (BANANA) with the USDT trading pair on July 20. The listing on another major exchange following Binance could increase Banana Gun’s adoption and market presence.
Clore Wallet (CLORE)
The Clore Wallet app, designed for secure cryptocurrency management, was launched on the App Store on July 20. This move could facilitate easier access to the Clore ecosystem for users.
Super Trump (STRUMP)
Gate.io is hosting a $2.5 million STRUMP token airdrop from July 20-22. This airdrop aims to attract new investors to the project, potentially expanding its user base.
Foxy (FOXY)
The Foxy project announced its entry into the “Pixel Verse” on July 20. Although details are sparse, this announcement could indicate a move towards the metaverse or gaming sector.
Foxy (FOXY)
On the same day, Foxy also announced the start of its Pixel Voyage mint. The mint link can be accessed through the project’s official social media channels.
Nexus Mutual (NXM)
NXM conducted two significant votes related to Aave V3 from July 18-21. These votes focus on risk management solutions within the DeFi sector.
Axie Infinity (AXS)
Axie Infinity announced the open beta phase for “Homeland Avatar” from July 17-24. This announcement signals the testing of new game features.
Ethena (ENA)
The ENA token will be unlocked on July 21, which could lead to volatility in its price.
Render (RNDR)
TokenizeXchange delisted the RNDR token on July 21, which might impact RNDR’s liquidity.
Beam (BEAM) and Others
Several projects, including Beam, plan to release their treasury reports by the end of July. These reports will provide insights into the financial health of these projects.
Additionally, ongoing votes in projects like Flare, Gnosis, DODO, and dYdX could shape their future, making it crucial to follow these developments closely.
Conclusion
The altcoin market continues to be vibrant with numerous developments and events. Staying informed about these changes can provide valuable insights and potential opportunities for investors and enthusiasts.
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