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Top Altcoin To Follow This Week

Published by Aeon Flux on June 8, 2021
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The cryptocurrency market entered the second week of June with a value of $1.7 trillion. The market, which fell below the $2 trillion on May 19, was not able to come back above 2 Trillion USD.BTC dominance rate, which indicates the share of Bitcoin in the market, fell below 42% before May 19 decline and rose above 47% in a few days after the fall. According to Monday’s data, Bitcoin dominance is pulled back to 41.6%.As no one knows how Bitcoin, altcoins, and the market, in general, will be shaped during this week; Some news this week about Ethereum, Ripple, Polkadot, Tron, PancakeSwap, Zcash, and NEXO might be worth following.News This Week: Ethereum developers will implement the London hard fork on the Ropsten testnet on June 9th.Why To Follow: The London package includes protocols such as EIP-3198, EIP-3529, EIP-3541, EIP-3554. But the most anticipated thing to come with London hard fork is EIP-1559. This proposal, which will lead to a radical change in the gas fees mechanism in Ethereum, will be tested on the Ropsten, Goerli and Rinkeby networks, respectively. Eyes are turned to July for the transition to the mainnet,News This Week: Ripple lawyers stated in the document they sent to the court on June 4 that the SEC’s documents on assessments of Bitcoin and Ethereum as not securities were still not delivered to them. Ripple applied to Judge Sarah Netburn for the delivery of documents. Ripple requested for a response to their request from the SEC by June 9.Why To Follow: Ripple and the SEC continue to discover evidence against each other as part of the legal process that began in December 2020. The SEC still has not fulfilled a court decision and has not submitted its internal correspondence about Bitcoin and Ethereum, not considering them as securities…

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