The cryptocurrency market has seen remarkable 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, will launch its token generation event (TGE) this week. The news, signaled by @sassal0x and shared by @TrustlessState, positioned $ETHFI as a top beneficiary of the event. As the crypto community eagerly awaits official confirmation, the speculation surrounding Eigenlayer’s TGE has created a buzz in the market.
Energy Web ($EWT) and BlackRock Connection Revealed
@MiyaHedge published research highlighting the connection between Energy Web ($EWT) and global investment management giant BlackRock.
Although 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 bond may affect the future development and adoption of $EWT.
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Lido ($LDO) Rumors hint at new token and recycling feature
Rumors are swirling around Lido ($LDO), with speculation of a new token release that could include a partial airdrop to current holders and a recycling 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 caught 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 gearing up for significant token unlocks in the coming days. According to @Token_Unlocks, a massive unlock of $MEME tokens, worth around $150 million, is scheduled for May 3rd. This unlocking has the potential to affect the token’s price and market sentiment as a significant number of tokens become available for trading.
Similarly, $SUI will see an unlock of 826 million tokens (8.27% of maximum supply) on May 3rd. This event is likely to attract the attention of investors and traders as they assess the potential impact on the token’s value and the broader market.
Discontinuation and migration updates: $MSN, $PUPS and $RLB
Several projects have announced updates related to strike features and token migrations:
Meson Network ($MSN) has announced that its staking feature is coming soon, giving users the opportunity to earn rewards by holding and staking their tokens. The PUPS team tested the Runes migration over the weekend, which will lead to a 1:100 token split, followed by a listing on centralized exchanges (CEXs). $RLB on Solana will migrate to Ethereum on May 1st. After this date, any remaining $RLB tokens will be burned on the Solana network.
These updates demonstrate the ongoing efforts of projects to improve 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 ($VANRY) has announced an upcoming mainnet launch campaign and plans to reveal new partnerships and adoptions this week. Tezos ($XTZ) has announced that it will release news about Manchester United in the next 24 hours, causing excitement among fans and investors.
As these projects continue to innovate and expand their ecosystems, the crypto market remains full of 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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Disclaimer for Uncirculars, with a Touch of Personality:
While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.
No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.
And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.
Ultimately, any crypto adventure you embark on is yours alone. We’re just happy to be your crypto companion, cheering you on from the sidelines (and maybe sharing some snacks along the way). So research, explore, and remember, with a little knowledge and a lot of curiosity, you can navigate the crypto cosmos like a pro!
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