6 Altcoins You May Monitor This Week

While there have been significant increases in altcoins recently, what awaits investors this week? Here are the details ..

While there has been an altcoin boom in the cryptocurrency market recently, this week we have compiled altcoins that investors can follow closely. Here are 6 altcoins you can follow this week. The cryptocurrency market has begun active in the new week. Bitcoin's dominance fell below 55 percent. The total value of the market is over $ 1 trillion 940 million, of which about $ 900 million is made up of the altcoin market. In recent weeks, there has been significant growth in altcoins such as BitTorrent Token (BTT) and Holo (HOT). This week, the 6 altcoins that may experience significant developments are listed as follows, according to their market value; OKB, Elrond Network (EGLD), PancakeSwap (CAKE), Pundi X (PUNDIX), Ecomi (OMI) and Swipe (SXP).

Why Follow OKB?

The stock market is distributing 1 Tesla Model Y, 20 iPhone 12 and a total of 100.00 USDT to celebrate the listings it made last week. The event in question will end on April 9 at 10:00. OKEx listed five different altcoins during the week, namely SKL, MATIC, ZKS and LPT. OKB, the exchange's own token, has increased by over 20 percent in a week. OKB can be used to participate in private token sales organized in OKEx and to save on transaction fees. OKB started the week from the $ 175.99 level.

Elrond Network (EGLD)

The module called DeFi 2.0; It was designed to be used almost instantaneously by banks, businesses, startups and individuals without scaling problems such as swap, lending, synthetic asset, launchpad, NFT, ESDT, stablecoin. Benjamin Mincu, CEO of Elrond Network, described this module as the "autonomous banking era". The process, which is expected to start on April 9, will take months. Elrond Network (EGLD) started the week at $ 159.86.

Why PancakeSwap (CAKE) Should Be Followed?

PancakeSwap has begun to reduce its token supply more rapidly after last week's emission vote. According to the latest report, 4,274,788 tokens have been burned since March 29, thus breaking the record. The incineration at the end is also expected to set a new record. PancakeSwap (CAKE) started the week at $ 16.14.

Pundi X (PUNDIX)

Developed by Pundi X Labs, the name of the cryptocurrency called NPXS was changed to PUNDIC. Exchanges that supported this revision delisted NPCS and started preparations to list PUNDIX. Bincance, one of the stock exchanges prepared, plans to open PUNDIX / ETH and PUNDIX / USDT pairs on April 9. 3 days before this date (April 6), staking will start on Function X developed by Pundi X Labs. In the event, which will continue until June 15, PUNDIX owners will receive a total of 6.930.000; 3,570,000 FX will be distributed to FX holders. Pundi X Labs started the week at $ 5.44, when it would switch from NPXS to PUNDIX and was preparing to open staking transactions.

Why ECOMI (OMI) Should Be Followed?

This collection, in which the time machine DeLorean of Back to the Future, one of the cult movies of the cinema world, has been digitized, was introduced in 2020. Digital collections can be made interactive with augmented reality and the DeLorean project draws all the attention with its use of this technology. The collection is expected to be available in a static version this week, and in a controllable way in the future. In a statement about the interactive version that is in its development, ECOMI COO Dan Crothers said it would be "crazy". ECOMI (OMI) opened the week at $ 0.0084.

Swipe (SXP)

With Swipe Swap, digital asset trading can be performed on-chain. The Ignition project, on the other hand, was developed to enable newly established projects to raise capital with the Initial Wallet Supply (IWO) and enter the Swipe ecosystem. SXP has announced that it will be possible to purchase at the next IWO at a 50 percent discount price. Swipe Ignition started the week on April 9 when it will be integrated into Swipe, which is compatible with both Ethereum and Binance Smart Chain, at $ 4.25.