The cryptocurrency market is all the time shifting, with new developments and occasions impacting token costs every week. In response to knowledgeable crypto investor TheDeFiInvestor, this week warrants shut consideration on six cryptocurrencies specifically – Solana, Polkadot, Fantom, dYdX, Bitcoin-related cash, and Secret Community.
Main Occasions Driving Potential Worth Motion
TheDeFiInvestor shared a watchlist for the week forward and the important thing occasions that might drive elevated curiosity and upside for every token:
- Fantom (FTM): The testnet launch of Sonic, a serious Fantom improve, happens on October twenty fourth. Sonic will enhance Fantom’s throughput by 4X.
- Solana (SOL): Solana has been gaining momentum already, and now its Breakpoint convention begins in lower than 10 days.
- Polkadot (DOT): $400M price of DOT will probably be unlocked on October twenty fourth. The tokens will go to parachain public sale members who locked up their DOT roughly 2 years in the past.
- $dYdX – The dYdX crew acknowledged its V4 model will launch in October. This brings a brand new revenue-sharing mechanism.
- BTC-related cash ($STX, $BSV, $BITCOIN): These tokens are likely to outperform Bitcoin when it breaks key resistance ranges, performing as leveraged beta performs.
- Secret (SCRT): Secret Community’s much-anticipated new roadmap will probably be revealed on October twenty sixth.
Conclusion
With main upgrades, conferences, token unlocks, platform launches, and roadmap reveals all occurring this week, TheDeFiInvestor believes Solana, Polkadot, Fantom, dYdX, Bitcoin-related cash, and Secret Community deserve additional consideration. Savvy crypto traders will maintain a detailed eye on developments for potential alternatives.
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