This week, altcoins are set for several updates and events that could influence prices. In our overview, we analyze key events for several leading tokens.
Updates for HUMA and Sonic
Huma Finance has scheduled the launch of the Huma 2.0 deposit feature starting July 14, offering traders yields of up to 19x on stablecoin deposits. This is expected to boost demand for the HUMA token.
Sonic has also hinted at a potential airdrop between July 15 and 22, which may increase trading volumes and initially boost asset prices.
Events Around JOE and TRUMP
The JOE platform, formerly known as Trader Joe, will launch its Token Mill V2 beta version on July 15. This could attract new liquidity and increase interest in the token. Meanwhile, on July 18, $868 million worth of TRUMP tokens will unlock, possibly leading to significant sell-offs and price declines.
Prospects for Bitcoin and Other Tokens
Bitcoin continues to show strong performance, having surpassed the $120,000 mark. This momentum is expected to last throughout July. Altcoins like BERA and AERO are also anticipating significant updates that may impact the market.
This week, altcoin traders should watch carefully for upcoming events and updates, as they could significantly influence prices and trading volumes.