Bitcoin’s dominance over altcoin projects has risen to its highest position since October, with most altcoins deep in the red today. Meanwhile, various innovations will take place in the ecosystem of altcoins. Here are the details…
17 altcoin project innovations
- DSLA Protocol (DSLA) will launch a product with new Decentralized Service Level Agreements capabilities.
- VeChain (VET) will hold a question and answer event on Twitter Spaces.
- SKALE (SKL) will hold a question and answer event on Twitter Spaces.
- KuCoin listed Bit Store (STORE) at 13:00 Turkish time with Tether (USDT) and Ethereum (ETH) pairs.
- Cartesi (CTSI) will hold a question and answer event on Twitter Spaces.
- API3 (API3) will hold a community meeting.
- Digifinex lists Medamon (MON) with USDT pair.
- Digifinex listed MetaFighter (MF) with USDT pair at TSI 13.
- Orica (ORI) will hold a broadcast to promote its wearable products. The event will be held between 18-19 at CEST.
- LBank lists Artery (ARTR) with USDT pair.
- ChainX (PCX) will hold a question and answer event via BitStore (STORE) and Telegram.
- Orica (ORI) will hold a dance event with Mellowmann in Decentraland.
- Yeti Finance (YETI) and YUSD Stablecoin (YUSD) will hold a Q&A event.
- Ambrosus (AMB) will hold a question and answer event via Telegram.
- Coinstore lists Project Galaxy (GAL) with USDT pair.
- Bittrex lists Render (RNDR) with USDT pair.
What is the latest situation in the market? As we have reported as
Kriptokoin.com , BTC could not exceed $30,000 today as well. Since the beginning of this week, there have been three separate incidents. The first was the weekend when the rejection plunged BTC below $29,000. The same thing happened once again on 23 and 24 May. Bitcoin surged nearly $2,000 yesterday when it touched $30,000 once again. However, this was short lived. BTC failed at that point and fell below the desired line. As of now, the cryptocurrency is struggling to stay above $29,000. Its market cap has dropped to $560 billion, while its dominance over altcoins has risen to over 45 percent. This is the highest level the metric has reached since last October.
