5 Altcoins You Should Keep an Eye on in December
Chainlink Staking v.02 will be available for early access addresses on Dec. 7 and the general public on Dec. 11.
NEO, KAVVA and IMX will both release mainnet upgrades in December, which will optimize key features of the existing ones.
MultiversX (EGLD) stakers are currently voting for the Sirius 1.6 upgrade, which is the first protocol governance proposal.
Chainlink (LINK) Staking Allows Early Entry
Price: $14.79
Market Cap: $8,235 billion
Rank: #12
Chainlink Staking v0.2 launched this year. The priority migration was on Nov. 28, only available for existing v0.1 LINK stakers. Early access-eligible addresses will be able to stake on Dec. 7 while staking will be opened to the public on Dec. 11.
NEO Upgrades Mainnet
Price: $10.84
Market Cap: $764,286 million
Rank: #65
NEO upgraded its testnet on Nov. 21 and will upgrade its mainnet on Dec. 4. The new upgrade will provide several improvements and optimizations.
The NEO price has increased rapidly since breaking out from a descending resistance trend line on Oct. 26. The upward movement culminated with a high of $15.46 on Nov. 5.
However, the price failed to sustain its upward movement and created several long upper wicks (red icons), considered signs of selling pressure.
Despite the decrease, the NEO price trades above the main horizontal support area at $10. If it bounces, it can move upwards by 35% and reach the $14.50 resistance area.
MultiversX (EGLD) Stakers Vote for Governance Proposal
Price: $43.36
Market Cap: $1,138 billion
Rank: #50
EGLD stakers are voting for the first protocol governance proposal. The voting began on Nov. 23 and will continue until Dec. 3. So far, nearly 98% of the participants have voted in favor of the Sirius 1.6 Protocol upgrade, which features enhancements like optimized consensus signature checks, advanced voting, and multi-key support for chain shards.
If the price resumes its ascent, it can increase by 45% and reach the next resistance at $63.
$EGLD $LINK $IMX #neo
