Five Altcoins Including ARB, LINK to Add to Your Watchlist This Week – Expert

Crypto analyst “The DeFi Investor” has highlighted several tokens that are poised to make significant moves in the coming week.

$ARB – Arbitrum Odyssey

The much-anticipated Arbitrum Odyssey event is set to return next week, bringing with it a wave of excitement and anticipation within the crypto community. Additionally, the approval of a new eco incentive program is expected to bolster the ecosystem, potentially driving increased interest and investment in $ARB.

$OP – Core Contributors and Investors’ Unlocking

A substantial $31 million worth of $OP is slated to be unlocked on September 30. This entire amount is earmarked for core contributors and investors, a move that underscores the project’s commitment to its foundational members and could potentially influence the token’s market dynamics.

$XRD – Radix’s Babylon Upgrade

Radix is gearing up for its most awaited upgrade, Babylon, scheduled for September 27. This upgrade is set to unveil a wallet that supports human-readable transactions, enhancing the user experience and accessibility.

Additionally, the introduction of a DeFi Engine promises to facilitate the development of secure decentralized applications (dApps), expanding the possibilities within the Radix ecosystem.

$FXS – Frax V3 Mainnet Launch

Following the conclusion of the Frax V3 audit, the mainnet launch is imminent, likely occurring within the next few days. The V3 upgrade aims to decentralize $FRAX further and is set to bring U.S. treasuries on-chain, a development that could have profound implications for the integration of traditional finance and decentralized protocols.

$LINK – Chainlink’s SmartCon Event

$LINK has been garnering attention and has started catching a bid, possibly in anticipation of the SmartCon event commencing on October 2. Hosted by Chainlink, SmartCon is a significant conference in the crypto space, and its upcoming edition is likely to generate discussions, partnerships, and developments that could impact the trajectory of $LINK.

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$RLB – Rollbit’s Contrasting Revenue and Token Price

Rollbit continues to experience a steady increase in revenue, contrasting with a declining token price. Remarkably, $1.3 million worth of $RLB was bought back and burned just last week.

This divergence between revenue and token price presents a scenario where the price of $RLB may eventually align with the fundamentals, offering potential opportunities for discerning investors.

These insights from “The DeFi Investor” provide a glimpse into the potential shifts and developments in the crypto landscape. Each token mentioned holds distinct possibilities and represents various facets of the DeFi ecosystem. As DeFi continues to evolve, staying informed about such developments is crucial for investors navigating this dynamic and innovative financial frontier.

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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

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Felix Küster
Felix Küster

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.

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