The cryptocurrency market has witnessed notable developments and updates in the last 12 hours, X account Layergg recently shared these key events in a recent tweet.
Rumors are circulating that Eigenlayer, a highly anticipated project, is set to launch its token generation event (TGE) this week. The news, hinted at by @sassal0x and shared by @TrustlessState, has positioned $ETHFI as a top beneficiary of the event. As the crypto community eagerly awaits official confirmation, the speculation surrounding Eigenlayer’s TGE has created a buzz in the market.
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Energy Web ($EWT) and BlackRock Connection Revealed
@MiyaHedge has published research highlighting the connection between Energy Web ($EWT) and the global investment management giant BlackRock.
While not an official announcement, this revelation has sparked interest in the potential implications of a partnership between the two organizations. As more details emerge, the market will be closely watching how this connection may impact the future development and adoption of $EWT.
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Show more +Lido ($LDO) Rumors Hint at New Token and Restaking Feature
Rumors are swirling around Lido ($LDO), with speculation of a new token release that may include a partial airdrop to current holders and a restaking feature.
The source of these rumors, @QuantMeta, has not been officially verified, leaving the authenticity of the claims unclear. However, the mere possibility of such developments has captured the attention of the $LDO community, as they await further clarification from the project team.
Major Token Unlocks: $MEME and $SUI
The crypto market is bracing for significant token unlocks in the coming days. According to @Token_Unlocks, a massive unlock of $MEME tokens, worth approximately $150 million, is scheduled for May 3rd. This unlock has the potential to impact the token’s price and market sentiment, as a substantial number of tokens become available for trading.
Similarly, $SUI is set to see an unlock of 826 million tokens (8.27% of the maximum supply) on May 3rd. This event is likely to draw attention from investors and traders, as they assess the potential impact on the token’s value and the broader market.
Staking and Migration Updates: $MSN, $PUPS, and $RLB
Several projects have announced updates related to staking features and token migrations:
- Meson Network ($MSN) has announced that its staking feature is coming soon, offering users the opportunity to earn rewards by holding and staking their tokens.
- The PUPS team has been testing the Runes migration over the weekend, which will result in a 1:100 token split followed by a listing on centralized exchanges (CEXs).
- $RLB on Solana is set to migrate to Ethereum on May 1st. After this date, any remaining $RLB tokens on the Solana network will be burned.
These updates demonstrate the ongoing efforts of projects to enhance their ecosystems and provide new opportunities for token holders.
Upcoming Launches and Partnerships: $NAKA, $VANRY, and $XTZ
In other news, several projects have teased upcoming launches and partnerships:
- Nakamoto Games ($NAKA) plans to launch a new play-to-earn (P2E) game and reveal new assets for the #NAKAVERSE 2.0.
- Vanar Chain ($VANRY) has announced an imminent mainnet launch campaign and plans to reveal new partnerships and adoptions this week.
- Tezos ($XTZ) has announced that it will release news about Manchester United in the next 24 hours, generating excitement among fans and investors alike.
As these projects continue to innovate and expand their ecosystems, the crypto market remains abuzz with anticipation for the new developments on the horizon.
The past 12 hours have been filled with exciting news and rumors in the crypto space, from the potential launch of Eigenlayer to major token unlocks and staking features.
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