The world of cryptocurrency is constantly changing, with new developments and events shaping the trajectory of the market. In this article, a watchlist of notable cryptocurrencies and key events this week.
Bitcoin (BTC) – CPI data released on May 15
Bitcoin (BTC) has an important event coming up this week. Consumer Price Index (CPI) data, a key indicator of inflation, will be released on May 15. CPI data has the potential to impact the price of Bitcoin as it often influences sentiment and market dynamics.
AI Coin – OpenAI announcement and NVIDIA earnings
Artificial intelligence (AI) has been a hot topic in the cryptocurrency space, with several projects leveraging the technology to drive innovation. Two notable events in the coming days could have a significant impact on AI-related coins:
Leading AI research lab OpenAI is making a big announcement tomorrow.
NVIDIA, a well-known company in the AI and graphics processing industry, will release its earnings report in 10 days. Since NVIDIA’s products are widely used in AI applications, its financial performance may affect the sentiment of AI-related tokens.
AEVO – $1 billion in tokens unlocked on May 15th
Aevo is preparing for a major event on May 15th. Around $1 billion worth of tokens will be unlocked on that day. With a large number of tokens available for trading, the token unlock could have a significant impact on the price and market dynamics of cryptocurrencies.
New Meme Coin to Watch Aims to Be the Next BONK, WIF
TON – TVL Growth and Partnerships
The Open Network (TON) has made waves in the DeFi space, with its total value locked (TVL) growing an impressive 20x in the past 60 days. This massive increase in TVL demonstrates growing adoption and confidence in the TON ecosystem.
Additionally, the project announced several notable partnerships and integrations, further solidifying its position in the market. These developments are likely to drive further growth and adoption for $TON.
SNX – Infinex launched on May 13
Synthetix will witness the launch of Infinex, a UX layer built by the founders of Synthetix, on May 13. Infinex aims to enhance the user experience and accessibility of the Synthetix platform. This development is likely to attract more users to the Synthetix ecosystem and drive increased demand for $SNX tokens.
Other notable developments
Mode (MODE): Mode Stake V2 is scheduled to launch next week, introducing new features and improvements to the staking process.
Liquity (LQTY): The Liquity v2 whitepaper will be released next week, providing insights into the project’s future development and roadmap.
New Meme Coin to Watch Aims to Be the Next BONK, WIF
This week is shaping up to be an eventful one for the cryptocurrency markets, with some notable developments and releases on the horizon.
(Personal opinion, not a recommendation)
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