In the cryptocurrency market, there are some key altcoins to watch out for in the new week. Here are the ones you shouldn’t miss.
The DeFi Investor, a closely followed analyst in the cryptocurrency markets, shared his altcoin and macroeconomic agenda headlines for the new week.
One of the highlights of the list is the buyback process for Pendle (PENDLE). According to the analyst, the sPENDLE buyback program will be activated tomorrow. However, it is noteworthy that BitMEX founder Arthur Hayes sold all of his PENDLE tokens today.
On the other hand, MegaETH, which is considered among the high-performance Ethereum scaling solutions, will officially launch its mainnet tomorrow.
Another critical headline this week will come from Coinbase. The company’s earnings meeting on February 12th is important not only for stock performance but also for overall crypto market sentiment. Coinbase’s balance sheet and management statements could provide signals regarding US-based institutional demand.
LayerZero (ZRO), a cross-chain infrastructure project, announced that it will make a “big announcement” on February 10th.
On the macro front, uncertainty persists. According to data from the forecasting platform Polymarket, the probability of another US government shutdown by February 14th is priced at 66%.
Furthermore, Based is expected to share new information regarding its upcoming TGE (Token Generation Event) on February 8th. In addition, the Superform (UP) token launch is scheduled for February 10th, while the Spectra (SPECTRA) team has hinted at a significant announcement for February 12th.
