Token

DeFi

Fantom

Ethena

<p>The crypto market was relatively calm during the weekend, with Bitcoin’s price hovering around $66,000-$67,000. The DeFi Investors analyst, who has <a href="https://x.com/TheDeFinvestor" target="_blank" rel="noopener noreferrer nofollow">over 115,000 followers on X</a>, shared their weekly token watchlist for this week, highlighting top cryptocurrencies that could potentially produce gains due to important events in the upcoming days.</p>
<p><strong>Ethereum (ETH): </strong>The final deadline for VanEck’s spot<a href="https://cryptoslate.com/coinbase-expects-30-to-40-chance-of-spot-eth-etf-approval-by-month-end/" target="_blank" rel="noopener noreferrer nofollow"> ETH ETF application</a> is May 23. If approved, this could lead to increased institutional investment and demand for Ethereum.</p>
<p><strong><a href="https://coinmarketcap.com/view/ai-big-data/" target="_blank" rel="noopener noreferrer nofollow">AI coins:</a></strong> NVIDIA’s Q1 2024 earnings report will be released on May 22. As a leading manufacturer of GPUs essential for AI and machine learning, NVIDIA’s performance could impact <a href="https://captainaltcoin.com/ai-crypto-coins/" target="_blank" rel="noopener noreferrer nofollow">AI-related cryptocurrencies.</a></p>
<blockquote class="twitter-tweet">
 <p lang="en" dir="ltr">Crypto Watchlist for the week ahead:<a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> – The final deadline for VanEck's spot ETH ETF application is May 23<br><br>AI coins – NVIDIA’s Q1 2024 earnings report will be released on May 22<a href="https://twitter.com/search?q=%24FTM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$FTM</a> – Voting for Fantom's proposal to launch a new token <a href="https://twitter.com/search?q=%24S&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$S</a> started. Fantom will rebrand to… <a href="https://t.co/7qR8SGyYLq" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/7qR8SGyYLq</a></p>— The DeFi Investor <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f50e.png" alt="🔎" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@TheDeFinvestor) <a href="https://twitter.com/TheDeFinvestor/status/1792131311324241995?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 19, 2024</a>
</blockquote>
<p><strong>Fantom (FTM): </strong>Voting for Fantom’s proposal to launch a new token, Sonic (S), has started. Fantom will rebrand to Sonic, and there will be a 1:1 migration of FTM to S tokens.</p>
<p><em><strong>Read also: <a href="https://captainaltcoin.com/price-action-and-fundamentals-reveal-fantom-ftm-is-mega-bullish-analyst-reveals-ftm-target-for-this-bull-run/" target="_blank" rel="noopener noreferrer nofollow">Price Action and Fundamentals Reveal Fantom (FTM) Is ‘Mega Bullish’: Analyst Reveals FTM Target for This Bull Run</a></strong></em></p>
<p><strong>DEAI:</strong> Proposals for the launch of three incubated projects on the Zero1 Platform will go live soon. This could drive interest and activity within the Zero1 ecosystem.</p>
<p><strong>PYTH: </strong>On May 20, $900 million worth of PYTH tokens will be unlocked, representing 141% of its current circulating supply. This significant increase in supply could potentially impact the token’s price dynamics.</p>
<p><strong>IntentX (INTX):</strong> IntentX, an OTC perpetual DEX with over 270 trading pairs, is launching its token on May 23. New token launches often generate interest and trading activity.</p>
<p><strong>Ethena (ENA):</strong> Ethena’s USDe stablecoin will be integrated into Bybit as collateral next week. This integration with a major cryptocurrency exchange could increase the adoption and utility of Ethena’s stablecoin.</p>
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<p>While these tokens are garnering attention due to upcoming events, it’s important to note that cryptocurrency markets are inherently volatile, and investors should conduct thorough research and exercise caution when making investment decisions.</p>
<p>In conclusion, the cryptocurrencies mentioned above are among the top tokens to watch this week due to important developments and events that could potentially impact their price performance.</p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/token-watchlist-for-this-week-fantom-ftm-pyth-ethena-ena-and-ai-cryptos/" rel="noopener noreferrer nofollow">Token Watchlist for This Week; Fantom (FTM), PYTH, Ethena (ENA) And AI Cryptos</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Token Watchlist for This Week; Fantom (FTM), PYTH, Ethena (ENA) And AI Cryptos

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