Cryptocurrency events worth watching this week
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1. Eigenlayer Token Launch - $EIGEN will be available on May 10th. Unfortunately, it will not be transferable at launch. According to the team, EIGEN will be unlocked after new features are launched. These new features are expected to be launched before September 30th, 2024. #Eigenlayer公布空投计划
2. NVIDIA Earnings Report - While this event is not this week, I am letting you know ahead of time so that you have time to manage your position ahead of time. NVIDIA will release its Q1 2024 earnings report on May 22nd. If the earnings exceed expectations, it may have a positive impact on the price of some AI tokens as it has in the past. #nvidia
3. Jito may announce a new SOL staking protocol at 6:00 UTC on May 6th - Given the huge success of Eigenlayer, I think building a SOL re-staking protocol might be a very good idea. Jito’s CEO will join X Space with the co-founders of Solana Labs and Drift to discuss re-staking and other topics.
4. Velodrome’s Superchain Scaling - Velodrome’s Superchain scaling began this week. Velodrome is the most popular native DEX on Optimism. With this scaling, Velodrome will be deployed on some of the most popular L2s built with the Optimism Stack, including Mode, Fraxtal, and Zora.
5. Deployment of Pendle and Ethena on Solana - According to a tweet from an Ethena team member, Ethena and Pendle Finance may be launched on Solana this month.
6. Ethena integrates USDe stablecoin on top CEX - This week, the fast-growing stablecoin protocol will make a major announcement about USDe integration. Given that Binance, OKX or Bybit invested in Ethena, these 3 exchanges may integrate USDe.
7. Mode Token Release - Mode, one of the fastest growing Ethereum L2s, will launch its token $MODE on May 7th. 5.5% of its supply will be allocated to the first community airdrop. #mode空投
8.Sei V2 Mainnet Release Date Announced - Given that the audit of Sei V2 has just been completed, its release date may be announced soon. Sei V2 is a major network upgrade, and the team will transform Sei into a fully parallelized EVM blockchain capable of supporting 28,000 transactions per second.
$DEAI
Zero1 is a DeAI ecosystem that aims to create the best environment for artificial intelligence development.
A great team, great ideas, and a novel narrative hint at the potential success of this project.
$MNT
Mantle is a unique project that heavily leverages decentralization and token governance.
The project has never done anything to make me doubt them. I hold the entire $MNT airdrop and every time the price drops I buy back their tokens.
$STAR
StarHeroes is the first eSports WEB3 shooter game powered by Microsoft and GameSwift_io.
I don’t think much more explanation is needed to show that it has the potential to be a 100x hit.
$REQUIRED
KOI is a DeFi platform that aims to become the main liquidity hub for zksync.
If they succeed, they could become like $JUP on SOL, which, as you can understand, would have a positive impact on the price of $KOI.
$NGL
Entangle is not just a project, it is a vital project for other projects as it connects data, assets and other things to help other projects grow and reach their full potential.
There are many more projects like Entangle, so I am sure they will be successful.
$SCPT
Script Network allows users to watch video content simultaneously and earn token rewards by forwarding videos to other users watching the same content.
$KTC
KTX is a decentralized perpetual transaction protocol that runs on multiple blockchain networks including Mantle, BNB Chain, and Arbitrum.
The collaboration with Mantle caught my attention, as did the Script network. I decided to invest a bit.
$MAVIA
My favorite is Mavia because it is a P2E game built on the most promising RWA blockchain - base.
GameFi’s narrative, the RWA element, and pretty decent investors suggest to us that this project will still have strength to show in the upcoming bull run.#RWA赛道 $BTC