The cryptocurrency market has seen notable developments and updates over the past 12 hours, and the X Layergg account recently shared these key events in a recent tweet.
Rumors are circulating that Eigenlayer, a highly anticipated project, is set to launch a token generation event (TGE) this week. The news, alluded to by @sassal0x and shared by @TrustlessState, names ETHFI as the biggest beneficiary of the event. As the cryptocurrency community eagerly awaits official confirmation, speculation surrounding Eigenlayer’s TGE has caused a stir in the market.
The Energy Network (EWT) and BlackRock connection have been revealed
@MiyaHedge published research highlighting the relationship between Energy Web ($EWT) and global investment management giant BlackRock.
Although not an official announcement, this revelation has sparked interest in the potential implications of the partnership between the two organizations. As more details emerge, the market will be closely watching how this connection could impact the future development and adoption of dollar EWT.
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Lido ($LDO) rumors hint at a new token and a redemption feature
Rumors are swirling around Lido ($LDO), with speculation about a new token release that may include a partial drop for existing holders and a reallocation feature.
The source of these rumors, @QuantMeta, has not been officially verified, making the veracity of the claims unclear. However, the mere possibility of such developments has captured the attention of the $LDO community, as they await further clarification from the project team.
Tokens are opened: $MEME and $SUI
The cryptocurrency market is preparing for major token opens in the coming days. According to Token_Unlocks, a large number of MEME tokens worth approximately $150 million are scheduled to be unlocked on May 3. This opening is likely to impact the token price and market sentiment, as a large number of tokens become available for trading.
Likewise, $SUI is scheduled to see 826 million tokens opened (8.27% of maximum supply) on May 3. This event is likely to attract the attention of investors and traders, as they evaluate the potential impact on the value of the token and the broader market.
Storage and migration updates: $MSN, $PUPS, and $RLB
Several projects have announced updates related to storage and token migration features:
Meson Network (MSN) has announced that its staking feature will be available soon, offering users the opportunity to earn rewards by holding and staking their tokens. The PUPS team tested the Runes migration over the weekend, which will result in a 1:100 token split followed by a listing on Centralized Exchanges (CEXs). The $RLB on Solana is scheduled to be migrated to Ethereum on May 1. After this date, any RLB tokens remaining on the Solana network will be burned.
These updates demonstrate the projects’ ongoing efforts to strengthen their ecosystems and provide new opportunities for token holders.
Upcoming launches and partnerships: $NAKA, $VANRY, $XTZ
In other news, several projects have teased upcoming launches and partnerships:
Nakamoto Games ($NAKA) plans to launch a new P2E game and reveal new assets for #NAKAVERSE 2.0. Vanar Chain (VANRY) has announced an imminent mainnet launch and plans to unveil new partnerships and adoptions this week. Tezos ($XTZ) has announced that it will be releasing news on Manchester United in the next 24 hours, sparking excitement among fans and investors alike.
As these projects continue to innovate and expand their ecosystems, the cryptocurrency market remains full of anticipation for new developments on the horizon.
The past 12 hours have been full of exciting news and rumors in the cryptocurrency space, from the potential launch of Eigenlayer to token unlocks and staking features.
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