Five Altcoins Including BNB, APT to Add to Watch This Week – Expert

Crypto analyst The DeFi Investor outlined major cryptocurrencies to monitor in the week ahead based on upcoming potential market-moving developments.

Frax Share (FXS)

Frax’s Version 3 upgrade deployment has begun and will continue rolling out over the next few weeks. The improvements are designed to make Frax more decentralized and censorship-resistant. The phased launch could impact $FXS price action.

Binance Coin (BNB)

A scheduled SEC hearing regarding Binance on October 12th has the potential to introduce volatility for $BNB. The ongoing regulatory issues facing Binance from global watchdogs make any major updates significant events for its exchange token.

Aptos (APT)

Approximately $23.8 million worth of $APT tokens are set to be unlocked on October 12th. The influx of newly liquid supply could put downward pressure on $APT price.

Radiant (RDNT)

Radiant Capital was rescheduled to launch on Ethereum on October 15th after previous delays. The price impact may end up being muted due to a “sell the news” reaction, but the launch could help attract TVL to Radiant long-term.

Synthetix (SNX)

Synthetix has multiple potential catalysts converging, including the launch of Perps V3 and Infinex Exchange, as well as expansion to the Base Layer 2 network. With new products and exposure, $SNX may see heightened interest and volatility.

With major developments ahead across protocols, the week of October 10th will be an interesting one to observe in crypto markets. Key tokens like $BNB and $SNX in particular appear primed for action based on the upcoming events.

Check $RECQ Meme Coin

Sponsored: Invest Responsibly, Do Your Own Research.
Serves as the base currency for all transactions within the Rebel Satoshi platform
ICO stage, offering tokens at a discounted price
Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

CaptainAltcoin
Logo