These Are the Altcoins You Must Keep an Eye On This Week
Crypto analyst The DeFi Investor shared a watchlist of altcoins and key developments that investors should closely follow as the new week begins.
According to the analyst, both project-based updates and macroeconomic developments could cause volatility in the cryptocurrency market in the coming days.
According to the shared list, a significant development is on the agenda for the decentralized finance (DeFi) protocol Aave. The governance proposal, which includes the launch of Aave V4 on the Ethereum network, has been officially published.
On the infrastructure projects side, Aster Chain’s mainnet launch is expected to take place this month. At the same time, Thorchain is reportedly preparing to add native swap support for Zcash, a development that could be a significant step in increasing liquidity for the ZEC and RUNE ecosystems.
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Token launches and network updates are also on investors’ radar. The Katana project’s token generation event (TGE) will take place on March 18th. In the MultiversX ecosystem, the testnet version of the SuperNova update, described as the biggest upgrade since the network’s mainnet launch, will begin on March 16th.
Another notable development in the token economy will take place with LayerZero (ZRO). Approximately $52 million worth of ZRO tokens will be unlocked on March 20th. This amount is said to represent about 5.64% of the circulating supply.
NVIDIA GTC conference, one of the world’s largest artificial intelligence events, will begin on March 16th.
A live stream event titled “Mantle State of Mind” will be held on March 17th within the Mantle ecosystem. This broadcast is expected to share recent milestones in the project and its roadmap for the future. Meanwhile, the derivatives trading platform Aevo announced it will be making announcements regarding new product launches on March 16th.
*This is not investment advice.
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