Today, market giants BTC, ETH, BNB, and ADA remain stable, while a few altcoins are pricing in hot developments. The latest developments and price movements from the altcoin market are as follows…
XRP price reacts to 7% rise in Hinmann documents
Today, the Hinmann documents in the interest of the Blockchain company in the SEC-Ripple lawsuit were officially made public. The SEC initially wanted to seal this document, but the court ruled otherwise. At the joint request of the SEC and Ripple, the documents were made public today after a week’s delay. The XRP price then gained around 7% before falling. cryptocoin.comWe have included the details in this article.

BONE caught the attention of altcoin bulls with the news of the listing
Australian-based crypto exchange Coinspot announced today that it has added support for BONE, Shibarium’s gas token. After the news of my listing, BONE price initially gained around 3%. At the time of writing, it is trading at $0.700547 after a slight pullback. The Shiba Inu community has successfully spread the news on social media.
$BONE in 🇦🇺🦘
Woof! Again 👀 https://t.co/JH6vaOVc7O
— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) June 13, 2023
Polygon (MATIC) announces token update
Polygon Labs announced a major update, Polygon 2.0, yesterday. According to the company’s statement, the primary purpose of the update is to build the value layer of the internet, an ambitious task that arouses the curiosity of both crypto enthusiasts and industry experts. The project team points to July 10 for more details.
Introducing Polygon 2.0: The Value Layer of the Internethttps://t.co/zmzBp8zKBk https://t.co/9HAiUqJM6I
— Polygon (@0xPolygon) June 12, 2023
The MATIC price has seen a notable rise after the news broke. His upward move came in the midst of SEC lawsuits. At the time of writing, it’s down around 1.3 percent.

Hedera (HBAR) among green altcoins after smart contract update
Hedera (HBAR) joined the uptrend today as the altcoin market struggled to recover. It climbed to $0.04653, up 5.20% on the day. Behind the rise is the launch of the protocol called Hedera Smart Contract Service (HSCS) Security Model v2. HBAR later returned most of its gains and is currently trading at $0.04542985.
⚙️ Our team is always aiming to improve the security of the network for our users and developers. With the #Hedera Smart Contract Service (HSCS) Security Model v2, greater clarity and additional protections have been brought to the network.
Learn more ⤵️https://t.co/DSESYXpX1I
— Hedera (@hedera) June 12, 2023
Chainlink (LINK) becomes the center of attention of altcoin whales
On-chain analytics platform Santiment reported an increase in LINK whale transactions despite the price hovering at three-year lows. The report shows that mid-sized wallets holding 1,000 to 100,000 LINK are increasing rapidly.
These whales bought 3.9 million LINK worth $20 million in the last week alone. LINK price is currently trading above $5, which it left behind, accompanied by whale support. Another development supporting the LINK price is the Swift and Chainlink partnership that emerged this month.
🐳 The amount of #Chainlink whale transactions has hit a 2023 high as prices fell to a 3-year low $5.00 this weekend. Mid-sized 1K-100K $LINK wallets are particularly accumulating big, with 3.9M $LINK (worth $20.0M) accumulated in the past week. https://t.co/pY7fezqxJP pic.twitter.com/K3P5EXoKeO
— Santiment (@santimentfeed) June 13, 2023
Uniswap (UNI) unveils its vision for Uniswap v4
UNI price is currently trading in the $4.23 region, which is up 2.5% on the day. Any partnerships etc after ascension. there was none. However, the team behind Uniswap made the decision to open the development process to the public during the week when SEC lawsuits were on the agenda.
In this development, Uniswap Labs invites community feedback on Uniswap v4 for the first time before it goes public. Focusing on community input, this strategy aims to underline Uniswap’s commitment to centrality. You can check the details in the official announcement:
1/ Today, we’re announcing our vision for Uniswap v4 🦄
We see Uniswap as core financial infrastructure & think it should be built in public with space for community feedback and contribution.
An early implementation of the code can be found here:https://t.co/toy3k7plnU pic.twitter.com/9vGJElba2x
— Uniswap Labs 🦄 (@Uniswap) June 13, 2023
Interesting news from Apecoin (APE)
Apecoin is currently in a discussion regarding DAO payrolls. ApeCoin’s DAO leaders, Yat Siu, are under fire for overpaying. According to reports, Apecoin pays DAO leaders a salary of between $7,000 and $75,000. This shocked some community members and raised concerns about the perception of unfair advantage.
creating an org chart: $7k / month
managing a forum: $24k / month
supervising stuff: $27k / month
being “special”: 104k / month
watching our bags go down 90%+: priceless
there’s some things $APE can’t buy. for everything else, there’s ApeCoin DAO. pic.twitter.com/Qla0Gspe2d
— Michael🐐🦎 (@MiKeMeUpP) June 11, 2023
APE price continues its sideways movements amid this interesting development. At the time of writing, it is trading at $2.25, where it remains stable intraday.