6 More Upcoming Crypto Events That Could Pump These Coins – and Last Week’s Winners
This is a follow up to last week’s ‘6 Upcoming Events‘ article which detailed several tech updates on the horizon for various cryptocurrencies.
Before we break into this week’s batch, let’s look at how last week’s picks performed:
IOST gained 28%
Quarkchain gained 12%
Theta Token gained 17%
Aeternity gained 13%
Ethereum gained 19%
Cybermiles gained 9%
These gains did come amid a general market uptick, and have been caluclated at the highest possible cash-out point. THETA and IOST proved to be two of the week’s best performers, at the expense of many others; Quarkchain continues to climb, as does Aeternity. Ethereum may have been responsible for triggering the recent market surge on its own, but can it purely be attributed to the upcoming Constantinople update?
Here are six more upcoming events that might result in positive sentiment gains for the coins involved.
Holo (HOT) – Closed Alpha Testnet
Details on the upcoming closed alpha testnet can be found in this Github post. In short, this marks the first step towards getting developers up and running on Holochain using Nodejs and Rust programming languages.
Holo had a strong previous quarter and came charging out the gates in December, and by February had recorded 230% growth in three months.
There’s every chance we’re too late to this one, but after HOT declined 12% in the last three days, there could be another bounce in the run up to the testnet.
Testnet Date: 28th February
Po.et (POE) – E-Book Metadata Platform
Described as a blockchain protocol for ‘content ownership, discovery, and monetization in media’, Po.et is about to release a blockchain version of ISBN codes. The word is they’ll be applied to e-books, with the goal of becoming the metadata provider for the digital publishing industry. Po.et was recently mentioned in this examination of blockchain‘s role in that industry by the Columbia Journalism Review.
POE is ranked 218th by market cap, and has been in decline for most of the quarter. This week saw a slight reversal of that trend as the ETH-based token gained 5%, and volume rose from $200,000 to $1 million.
Launch Date: 28th February
Digitex Futures (DGTX) – Treasury Token Sale
The first round of cut-price DGTX treasury tokens are set to be released at the start of next month. A breakdown of the Digitex Treasury can be found in this official blog post.
DGTX tokens doubled in value in December, then halved again in January. The last seven days have seen more than 12% growth.
Token Sale Date: 1st March
Skycoin (SKY) – Skywire Mainnet Launch
Skywire is aimed at cutting out the dominance of centralized payment servers like BTCPay, which Skycoin views as a looming threat to free expression. Skycoin’s solution is a combination of handheld hardware processors and wire mesh technology, more on which can be read here.
Momentum has been building with SKY for the last two weeks as it soared to 24% gains before subsequently cooling off.
Mainnet Launch Date: 4th March
Pundi X (NPXS) – Commencement of Staking Rewards
Pundi X’s staking upcoming staking mechanism involves monthly payouts weighted to how long your funds remain staked – details here.
Looking at the three-month chart of NPXS shows a huge turnaround in mid-January. Since then the token gained 84%.
Staking Launch: 9th March
GameCredits (GAME) – Gaming Store Launch
In mid-March the GameCredits PC-gaming store is set to launch, where customers will be able to purchase AAA PC games using GAME coins. Benefits include discounts, no KYC or ID checks, and remote access to Fortnite, Battlefield 5, Far Cry New Dawn, and more.
GAME is ranked 328th by market cap, and can be traded on Upbit, Bittrex, Poloniex and Bitbay. Take a look at GAME’s daily chart from the last twenty hours and make of it what you will.
Store Launch: 15th March
Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading.
Featured image courtesy of Shutterstock.