Amidst the crypto market’s ongoing volatility, stay tuned for a carefully curated weekly watchlist presented by The DeFi Investor.
Stacks (STX)
Upcoming Event: Nakamoto Testnet Set to Launch This Month. Stacks, poised for its testnet debut, capitalizes on Bitcoin’s growing popularity in the ecosystem. All this will have great impact on STX price.
Frax Share (FXS)
On December 20, the noteworthy Halving event for FXS unfolds, coupled with rumors circulating about a potential airdrop for early FraxChain adopters.
Solana (SOL)
Achievement: Exceeds Ethereum in daily decentralized exchange (DEX) volume and NFT sales.
Current Trend: Gaining momentum, surpassing Ethereum in key metrics, hinting at a potential shift in market dynamics.
Trader Joe (JOE)
Results: Staking APR surpasses 9%, accompanied by an airdrop for JOE holders from Trader Joe’s latest project.
Polygon (MATIC)
Update: Anticipate a significant announcement regarding the adoption of RWAs on December 20.
Expectation: Polygon prepares for a substantial revelation that could potentially influence its role in the adoption of Real-World Assets.
Shrapnel (SHRAP)
Early access launch scheduled for AAA shooter game on Avalanche platform.
Shrapnel, a highly anticipated game on Avalanche, has entered early access, bringing focus to the blockchain’s gaming ecosystem.
LandX Finance (LNDX )
Launching of RWA: RWA platform set to go live on December 19.
Milestone: LandX Finance takes center stage as it unveils its Real-World Assets platform, poised to influence the decentralized finance landscape.
Traders and enthusiasts should remain vigilant, conducting comprehensive research before making investment decisions. Cryptocurrency markets are susceptible to swift sentiment shifts, with factors like mainnet upgrades, major announcements, and product launches often exerting substantial influence.