The cryptocurrency market still continues to fluctuate in the red zone. However, Bitcoin has dropped 11% in the last 7 days and is currently up 4% towards $20,000. This article is a compilation of some of the upcoming altcoin news that will happen this week.
Upcoming major events of the week from 5 altcoin projects
Origin Protocol OGN network records
Origin Protocol has come to the fore with record NFT sales in the past months. The project is now preparing for the OGV airdrop. The airdrop will take place after the OGN snapshot from July 5 to 12, 2022.
Interestingly, many top exchanges like crypto.com have announced their support for OGN and the upcoming OGV airdrop. Therefore, to participate in it, users must have at least 1 OGN on Crypto.com or in their account. Meanwhile, the OGV token is a new ERC-20 token for the Origin Protocol ecosystem. It will also act as the new management token for the Origin Dollar (OUSD).
Support for the $OGV launch continues to grow! Add @cryptocom to the list of exchanges that are supporting the airdrop to $OGN holders. https://t.co/H35l3NmDck
— Origin Protocol (@OriginProtocol) June 29, 2022
GMX interface updates
DEX platform GMX has shared some strategic updates to be launched to the interface. An important update is the division of the GMX information website. In addition, these updates will go live on July 6, 2022. Users will also receive more information on updates soon. Also GMX, Bitcoin, Ethereum, Avalanche etc. It facilitates decentralized transactions of the largest cryptocurrencies, such as
On 6 Jul 2022, updates will be applied to the GMX frontend to inform users via a pop up about the separation between https://t.co/ocfOX8szDO (purely informational website) and the app interface under https://t.co/U2cmowOLae
More info: https://t.co/USA3rtDa2s
— GMX 🫐 (@GMX_IO) July 1, 2022
ChangeNOW Wallet lists ZEC and DASH
The ChangeNOW crypto wallet has shared its plans to support ZEC and DASH. In line with this, both ZEC and DASH integration are currently underway. According to reports, the integration will be completed on July 6, 2022.
🆕 New Zcash $ZEC, ChangeNOW $NOW, Dash $DASH event!
06 July 2022 (or earlier)
ZEC & DASH in NOW WalletSource: https://t.co/iabo9nIE0q pic.twitter.com/FPXhFWJ6Nz
— CoinMarketCal Bot (@cmcal_bot) July 2, 2022
Its users can easily store, send and receive both DASH and ZEC on ChangeNOW wallets. They will also be able to seamlessly process fiat-to-crypto (DASH and ZEC) transactions using the ChangeNOW wallet.
WAX Blockchain NFT series
Wax Blockchain will support the launch of a new NFT series. The series will feature a collection of 50 new cars. Starting July 7, 2022, users will be able to receive 50 new car NFT series in five (5) rarities. Details can be found in the tweet below.
🏁NEW: @Mattel is back with a brand-new @Hot_Wheels NFT Series on WAX!
Starting July 7th, you'll be able to get your hands on 50 new car #collectibles in 5 rarities. Packs contain vIRL® #NFTs than can be redeemed for exclusive physical versions!
— WAX Blockchain (@WAX_io) June 21, 2022
Launch of PembRock Finance farming testnet
Finally, PembRock Finance is getting ready to launch its farming testnet. In addition, the launch will take place on Monday, July 4, 2022. However, it will also include the addition of important features such as lending, farming. In addition, PembRock is known as the first and only leveraged yield farming platform in the NEAR protocol.
Adding to the lending features, the #PembRock farming functionality will go live on the #testnet next Monday🚀 Get ready to try it out very soon!
🗓️Monday, July 4th, 4 pm CET pic.twitter.com/YaUK8U6rE6
— PembRock Finance | Mainnet Live (@PembrockFi) July 1, 2022
cryptocoin.com You can reach the NFT newsletter we have prepared here. One of the recent developments includes a metaverse partnership where Eminem and Snoop Dogg are seen.
