Bitcoin managed to reach above $68,000 in the second week of November, blinking at year-end 6-digit price targets. However, the total market cap reaching $3 trillion is witnessing sharp rallies of multiple altcoin projects. In the rest of the article, we take a look at the important developments of 13 altcoins. Polkadot’s parachain auctions and Avalanche’s Kalao ecosystem are just some of them.
Altcoin developments of the week
- Bitcoin Taproot update is days away: Cryptocoin. com
You can reach the guide we prepared as
here. - The hackathon event in the Grants organization of decentralized exchange giant Uniswap (UNI) concludes: After the evaluation, the winners will be announced on November 10.
- OMG Network’s (OMG) token airdrop concludes: On November 12, it will be announced who won the Boba Token (BOBA).
- New Shiba Inu pair is added to Poloniex: Users will be able to exchange stablecoin USDC for SHIB.
- Star Atlas (ATLAS)’s highly anticipated Galactic Marketplace launch takes place on November 9. Game; 4 new spaceships will be added, namely Vzus ambwe, Rainbow Om, Pearce R8 and Pearce C9.
- Squads from Solana ecosystem are available for use: Squads’ products can be used in voting.
- The P2E game Crabada, described by Emin Gün Sirer himself, is being introduced at Avalaunch this week: Validators and staking rounds will start on November 8th.
- Cronos mainnet goes live on November 8: The team delayed the release date on October 19 due to problems with the testnet.
- The Solana Foundation-supported event ends on November 10: Developments in the Solana ecosystem were discussed with the participation of blockchain companies, representatives from different organizations and research firms.
- The highly anticipated Polkadot parachain auctions begin on November 11: The altcoin projects that garner the most votes will be launched.
- Ripple Swell conference is taking place: On November 9-10, CEO Brad Garlinghouse, Ripple executives and experts from different organizations will come together as it is held every year.
- Ethereum issues its own governance token: Ethereum Name Service will begin issuing ENS code tokens from November 8th.
- Kalao from the Avalanche ecosystem was launched on November 8: The project had raised approximately $550,000 in funds at IDO. Kalao will accelerate the adoption of VR technology.
