Weekly token and market dynamics watch
An in-depth analysis of which coins rebound effectively after experiencing declines can provide insights into many trends and opportunities.
This article will discuss a) the coins showing the strongest recovery, and b) the altcoins that may be active next.
• $DOGE
- Coinbase International will launch $DOGE futures trading on April 1.
- April 20th will mark what the community calls “Dogecoin Day.”
- It is important to note this given the recent trend of heightened susceptibility of meme coins to such events.
• $APT
- Aptos is expected to make a significant real asset-related (RWA) announcement in April.
- A possible tie-up with a major asset manager, including BlackRock or Franklin Templeton, is rumored.
- Details are expected to be revealed at the “Aptos DeFi DAYS” event on April 2.
• $PENDLE
- EigenLayer token could launch in mid-April, according to Arthur Hayes.
- The successful launch of $ETHFI – which delivered more than double returns – has put Pendle Finance’s product in the spotlight again.
- The upcoming release of the Restake project token may further boost Pendle Finance’s momentum.
• $FTM
- Fantom Sonic mainnet is expected to launch between the end of March and early April.
- CEO Andre Cronje is actively involved in promotional activities.
- While prices may have priced in the expected catalysts, strategic planning is necessary given Andre Cronje's significant influence.
• $STX
- Bitcoin halving is less than a month away.
- Nakamoto upgrade is expected to be carried out by the end of April.
- Stacks is believed to be the first SEC-compliant blockchain and continues to attract interest from global asset managers such as Franklin Templeton.
• $ONDO
- BlackRock announced the launch of a $100 million tokenized asset fund.
- Ondo Finance is currently the RWA program that works most closely with BlackRock.
- Mentioned as a key project in Bitwise’s “Crypto Use Cases 2024” report. (Potential other institutional partners)
• $TON
- Telegram’s decision to use $TON exclusively for advertising payments means that there will be an influx of 800 million active users every month.
- Telegram has a “potential IPO” as a catalyst.
- The TON Foundation’s public league will launch on April 1 to distribute 30M $TON to projects and users in the TON ecosystem.
• $XPLA
- zkSync is rumored to be launched in April.
- XPLA recently received investment from Matter Labs. (May be related to zkSync beta)
- XPLA has launched the AAA game "MadWorld" and plans to launch two more AAA games soon.
• $AERO
- The TVL of the base chain doubles within a month.
- Aerodrome, as the leading DeFi on the Base chain, may act as a Base-beta version.
- Aerodrome plans to launch Slipstream in a few weeks.
- Coinbase Ventures announced its official acquisition and holding of $AERO last February.
——————————————————————
Hope this helps you 🫡
