Tomorrow will be an important day for many altcoin projects. Entering the new week, some exchanges will list a few altcoins. Some will delist. Here’s what happens tomorrow, June 13, 2022…
Tomorrow is the important day for 10 altcoin projects
- FTX delists THORChain (RUNE). The pairs to be delisted will be USD and USDT pairs.
- Flux (FLUX) will launch the hard fork of FluxOS V2.19.0. With this hard fork, all Flux nodes need to update.
- Polygon (MATIC) will hold a Q&A about Modularity. The event will start at 5 pm.
- Ocean Protocol (OCEAN) will hold a question and answer event at TSI 20 with the participation of the Ocean founder.
- Exeedme (XED) will reactivate XED staking.
- Alchemy Pay (ACH) will hold a Q&A event with KuCoin via Twitter Spaces. The event will start at 17 pm.
- Fabwelt (WELT) will hold a question and answer event on Twitter Spaces at 17 pm. The latest team updates and developments will be shared at the event.
- Gnosis (GNO) will hold a community meeting at TSI 17.
- Sperax (SPA) will initiate SPA/USD yield farming.
What is the latest situation in the market?
After the US released its latest record-breaking CPI data, Bitcoin dropped below $30,000 and recorded a two-week low. Altcoins are in an even worse situation as ETH drops to its lowest price level since March 2021. The past week has looked a little more positive for the primary cryptocurrency as it has challenged $32,000 several times. During one of the trials, BTC broke above this level and hit $32,400, marking the highest level in several weeks.
However, the bears rushed at every opportunity and did not allow any increase. Eventually, they reduced it to $30,000. As we have reported as Kriptokoin.com , at this point, the US CPI figures, showing a new 40-year record in terms of inflation, came out. An annual increase of 8.6 percent was observed. As in previous examples, the news led to increased volatility in the cryptocurrency markets, with BTC dropping more than $1,000 within hours.
A break below $29,000 meant a new low since late May. As of now, BTC has fallen below this line. Its market value fell to $523 billion. It has lost 6.2 percent in the last 24 hours. Currently, it is changing hands at $27,468. Its dominance against other cryptocurrencies is 46%. The overall cryptocurrency market value is down 8.3 percent in the last 24 hours, at $1.15 trillion.,
