News and Analytics

0

Weekly Crypto Watchlist

May 6, 2024

A crypto analyst known as the DeFi Investor has shared a watchlist for the upcoming week, showcasing various developments in the cryptocurrency world. These include Bitcoin ETF inflows, Velodrome’s Superchain expansion, and the launch of the Eigenlayer token, among others.

  • Bitcoin (BTC): Grayscale’s Bitcoin ETF has attracted institutional investor interest with its recent inflows.
  • Jito (JTO): A Solana-based project that is working on restaking functionality for SOL and has become the largest Solana dApp by TVL.
  • Velodrome (VELO): A decentralized exchange planning its Superchain expansion to become the largest DEX on OP Stack L2 chains.
  • Pendle (PENDLE): A decentralized protocol for yield tokenization expected to benefit from the growing trend of points meta.
  • Eigenlayer (EIGEN): Scheduled to launch on May 10, but the token will be non-transferable initially affecting trading and liquidity.
  • Sei (SEI): A layer 1 blockchain platform that completed its V2 audit with an anticipated upgrade launch soon.
  • Starknet (STRK): Around $87 million worth of STRK tokens will be unlocked soon which could influence price volatility and selling pressure.

Milei Moneda is a new meme coin inspired by Javier Milei, an Argentine president with libertarian views. The presale is currently at a low price, offering an early investment opportunity.

The DeFi Investor's watchlist provides significant insights into the cryptocurrency market developments for the coming week. CaptainAltcoin shares latest updates and insights into the cryptocurrency space.

Comments

Latest analytics

Celestia: Revolution...

Celestia: Revolution in the World of Modular Blockchains

TON Wallets: a...

TON Wallets: a complete guide to use

Show more

Latest Dapp Articles

Show more

You may also like