Cryptocurrency analytics firm Layergg has released its weekly token and trend watch list, highlighting key trends and events in the altcoin market.
Dogecoin (DOGE)
Coinbase International is preparing to launch Dogecoin futures on April 1. With April 20th being known as ‘Doge Day’, it is important to consider the recent tendency for memecoin prices to react sensitively to such events.
Aptos (APT)
Aptos is preparing to make a major RWA (real world assets) announcement in April. There are rumors of a potential partnership with a major asset manager, possibly BlackRock or Franklin Templeton. Details are expected to be announced at the ‘Aptos DeFi DAYS’ event on April 2.
PENDLE
According to Arthur Hayes, the EigenLayer token could be launched in mid-April. ETHFI’s successful launch, which more than doubled returns, has led to renewed attention on Pendle Finance’s product. Token releases of upcoming Restaking projects could increase Pendle Finance’s momentum.
Phantom (FTM)
Phantom Sonic Mainnet is expected to be released between late March and early April. CEO Andre Cronje is actively involved in promotional activities. While the price currently reflects expected catalysts, strategic consideration is required due to the significant influence of Andre Cronje.
Stacks (STX)
Bitcoin halving is less than a month away. The Nakamoto upgrade is planned for the end of April. Described as the first SEC-compliant blockchain, Stacks continues to attract the attention of global asset managers such as Franklin Templeton.
Ondo (ONDO)
BlackRock announced a $100 million tokenized asset fund. Ondo Finance is the RWA project most associated with BlackRock at this point. It was mentioned as a significant project in Bitwise’s “Crypto Use Case 2024” Report, indicating potential additional corporate partnerships.
Toncoin (TON)
Telegram decided to use only TON for advertising payments, which means a monthly flow of 800 million active users. Telegram also has a “potential IPO” catalyst. The TON Foundation’s Open League starts on April 1 and will distribute 30 million TON to projects and users in the TON ecosystem.
XPLA (XPLA)
Rumors suggest that zkSync will be released in April. XPLA recently received investment from Matter Labs and is potentially a zkSync-related altcoin. XPLA has acquired the AAA game ‘MadWorld’ and plans to add two more AAA games soon.
Aerodrome Finance (AERO)
The total locked value of the underlying chain doubled within a month. Aerodrome is seen as the leading DeFi on the Base chain and potentially serves as a Base-linked altcoin. Aerodrome plans to launch Slipstream within weeks. Coinbase Ventures officially announced that it acquired and retained AERO last February.
*This is not investment advice.
