7 Altcoin Investors Beware: Prices This Week May Jump With These Developments!

 

7 Altcoin Investors Beware

Bitcoin (BTC), the leading cryptocurrency, identified a new ATH last week and rose as high as $ 49,600. But BTC has dropped by more than $ 2,000 this morning. This downward trend in BTC also negatively affected other cryptocurrencies.


At the time of writing this news, many cryptocurrencies are traded on the red board. Will this downward trend continue? What awaits Bitcoin and altcoins this week? What are the critical developments and dates that will affect market prices? We searched for answers to these questions and more. Here are important developments in the altcoin market this week and the dates that should be watched carefully.

Here are the dates you should watch carefully this week in the altcoin market.

The week of February 15-21 is important for the altcoin market. Because there are important developments that will take place this week. Some crypto coins will receive important updates in terms of technical and infrastructure. Developments to be experienced, according to experts, may affect the prices of cryptocurrencies in both directions. This week, let's take a closer look at the important developments in the altcoin market and the dates that should be watched carefully:

• Cosmos (ATOM) is a Blockchain platform that focuses on the interoperability of many krpto money projects. Cosmos will make an important update this week. The Stargate update in the crypto money project will take place on February 18. The long-awaited Stargate update will mark a critical turning point for Cosmos, according to experts.

• This week is important for Dogecoin (DOGE), the popular crypto currency of recent times. Bitcoin exchange WhiteBit will hold an AMA event for Dogecoin on February 17th. As part of this event, WhiteBit will distribute 4,000 DOGE in total.

• Secret Network (SCRT) project will also take an important step this week. SecretSwap, the first cross-chain decentralized exchange, will be active on the Secret Network network on February 17th. It is also stated that the most important feature that SecretSwap will offer will be secret contracts. This innovation is expected to add value to the crypto money project.

This Week May Jump With These Developments

• Hedera Hashgraph (HBAR), which defines itself as "the platform that goes beyond the blockchain," announced that it will update the testnet to v0.12.0. The project also emphasizes that this process will take place on February 18. Critical developments with Hedera Hashgraph are not limited to this. Hedera Hashgraph and Google can make a new partnership announcement at the Google Cloud meeting to be held on February 17th.
• YAM Finance (YAM) is a cryptocurrency project with a flexible supply system like Ampleforth. YAM Finance investors will switch from v2 to v3 on February 15.
• NavCoin (NAV) is a decentralized Proof-of-Stake Version 3 (PoSv3) project that focuses on privacy and simplicity and aims to offer affordable and fast payments. Navcoin (NAV) may activate a new token and privacy protocol called "xNAV" this week. The crypto money project will make this update on February 19.
• Celo (CELO) is a proof of stake (PoS) cryptocurrency. The Celo team will hold an important virtual conference on February 18 with the leading names of the market as participants. Important developments regarding the project are expected to be shared at this event.