๐ฑ ๐๐ฟ๐๐ฝ๐๐ผ๐ฐ๐๐ฟ๐ฟ๐ฒ๐ป๐ฐ๐ถ๐ฒ๐ ๐๐ผ ๐ช๐ฎ๐๐ฐ๐ต ๐๐น๐ผ๐๐ฒ๐น๐ ๐ถ๐ป ๐๐ต๐ฒ ๐ก๐ฒ๐ ๐ช๐ฒ๐ฒ๐ธ ๐ฎ๐ป๐ฑ ๐ช๐ต๐
According to analyst The DeFi Investor, as the cryptocurrency market enters the new week, there will be important developments in some altcoins and these should be followed closely.
Here are the altcoin trends to watch in the new week:
๐บ ๐๐๐ต๐ฒ๐ฟ๐ฒ๐๐บ ๐ง๐ต๐ฒ๐บ๐ฒ: ๐ข๐ฃ, ๐๐๐ข, ๐๐ง๐๐๐
Ethereum is starting to strengthen, which could bode well for related tokens such as OP, LDO, and ETHFI.
๐บ ๐ง๐ต๐ฒ๐๐ฎ ๐ก๐ฒ๐๐๐ผ๐ฟ๐ธ: ๐ง๐๐๐ง๐
Theta Network is preparing to launch EdgeCloud on May 1. EdgeCloud is a hybrid cloud computing platform that could potentially impact the market and increase interest in THETA.
๐บ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป: ๐๐ง๐
The FED will announce its next interest rate decision on Wednesday and this announcement will affect all markets, including Bitcoin. In addition, Hong Kong will launch Bitcoin ETFs next week, which could bring new liquidity to the market.
๐บ ๐ฑ๐ฌ๐ฑ๐ซ:๐๐ฌ๐๐ซ
On May 1, $70 million worth of DYDX tokens will be unlocked, representing 10.7% of the circulating supply.
๐บ ๐ฅ๐ฒ๐ป๐๐ผ ๐ฃ๐ฟ๐ผ๐๐ผ๐ฐ๐ผ๐น: ๐ฅ๐๐ญ
Renzo Protocol is launching its token REZ on April 30. First, airdrops will be distributed to users who stake BNB or FDUSD on Binance.
