Today, Watch Out for These 16 Altcoins: Key Developments!

The day of September 4, 2024, was full of important updates from the cryptocurrency market. Top News From Polygon to THORChain, Immutable, and The Sandbox Published: December 18, 2021, AyyLmao TECH will do a weekly recap of the most relevant news in blockchain gaming. This fast-moving market saw several significant events, including manner upgrades, token listings, gaming implementation, and essential governance decisions. This article provides an updated overview of the most critical developments witnessed during today’s action. Here are the highlights…

Today’s Cryptocurrency Market Key News

September 4, 2024, saw a hive of activity in the blockchain world!! Many projects experienced extensive upgrades, news announcements, listings, and governance votes. Here are the main headlines of this week:

• BingX Exchange List XDC Network (XDC) and Trading Pair — September 26, 2020
• FLOW surged after launching its Crescendo Network upgrade at 5 AM PT with hopes of bridging the entire Web3 ecosystem.
• Today, the trailer for the game STILL EXILES: THE RIFT was released by Immutable(IMX), creating excitement in the community.
• Community Vote: Allocation of Funds to Support The Sandbox (SAND) Embassy ProgramBy Bexpluscontent on ALTCOIN MAGAZINECopied!
• MEXC Global On February 26, MEXC GLOBAL And the listing of Lab(FANTOM LABS) and Moth(MOTHMSAION MULTICHAIN DAO), too.
• New Listings On Several Exchanges And Platforms Today Fortunately for Chinese institutions that wish to restrict their exposure, several newer but relatively well-regarded exchanges have embraced the meme: Bitget listed both Clearpool and Book of Meme will now trade on HashKey alongside Dogfight (dog with hat) and Bonk. Meanwhile, older names continued piling in — US-based Phemex added VITE this week, while Apollo Name Service debuted on MEXC.
• Events: Quantstamp launched on MainnetSupra Demo Korean Blockchain Week
• Lido DAO and Optimism both carried out votes, which they do regularly as part of community governance.
• The following steps are already voting on token supply issues, tro Aleph Zero, Stafi (FIS).
• In addition, long-term efforts like the dApp discovery program implemented by Core DAO or wallet migration performed by Casper Network are advancing.

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Polygon and EOS Lead the Way

As covered by The Bit Journal, Polygon rebrands its old MATIC tokens to the new POL (Image source: Polygon). This token migration lays the groundwork for Polygon’s finishing their rollout of version 2.0 via use cases for POL that are ever-increasing in number. Good news: MATIC holders who have tokens staked do not need to take any actions, as all the staked tokens will be automatically converted into POL. This vital upgrade paves the way for Polygon to become scalable and grow further.

Likewise, EOS has deployed stable releases of its Spring 1.0, and Savanna consensus algorithm updates today, with corresponding performance-enhancing features expected to make the network faster and more secure. The THORChain has reached another significant milestone, too, and it is only a few hours away from completing the mandatory upgrade at block 17561740 @ 4 PM UTC.

Looking Ahead

Today’s developments underscore the need to remain informed in cryptocurrencyaan’s constantly changing area. By implementing technological updates, making core governance decisions, and undertaking major token migrations, these projects have set the pace for innovation in the blockchain space. These projects are also likely to have long-term effects on their communities as new tokens list and ecosystems grow around them.