Cryptocurrency analyst The DeFi Investor has shared the altcoins to keep an eye on for the upcoming week. Important events and protocol updates may influence market movements.
Geopolitical Influences on the Market
Currently, investor focus is on Iran, where a response to recent US strikes on nuclear facilities is possible. Such events can significantly affect financial markets.
Key Events for Altcoins
The analyst highlighted several projects:
* Bitcoin (BTC) * Injective (INJ): an important announcement is expected at the Injective Summit on June 26. * Berachain (BERA): updates related to revenue generation are anticipated in the coming weeks. * HOME: details regarding its Season 2 token airdrop will be announced. * Infinex: a major announcement is expected on June 24. * Synthetix (SNX): soon to be active on the Ethereum mainnet. * Blast (BLAST): $23 million worth of tokens will be unlocked in June.
Overall Conclusions and Recommendations
The upcoming week is poised to be significant for various altcoins. Investors should pay attention to both geopolitical events and important protocol updates.
The next week could be pivotal for several altcoins. Investors are advised to stay alert to market fluctuations driven by key events.
