Bitcoin.NG brings you a short list of upcoming altcoin events, announcements, and fundamental news for the months of June-July 2020.
|Altcoin / Token||Date||Event|
|GateChain Token (GT)||June||Mainnet Launch|
|MATIC||June||Mainnet Staking Launch|
|POLY||June 23||Testnet Launch|
|ARK||June||Ark Core v3 Release|
|EDO||June||Token Swap and Governance Launch|
|ZIL||June||Launch of Staking|
|LTO||June||Deflationary Model Token|
|QNT||June||Overledger Network Launch|
|REP||June||Augur V2 Release|
|IDEX||June||IDEX 2.0 Launch|
|Cardano (ADA)||July 29||Shelley Mainnet|
|Bancor (BNT)||July||Bancor V2|
|TRON (TRX)||July 7||TRON 4.0 Mainnet|
|Travala.com (AVA)||July||Mainnet Launch|
Following fundamental analysis, these events are expected to cause an increase in price of the listed cryptocurrencies; courtesy of the positive news factor.
A perfect strategy will be to “Buy the Rumour, and Sell the News” – that is, buy in anticipation, hold and sell once the coin’s price pumps in response to the news.
Also, to stay updated with information on any of the altcoin projects, following their Twitter page is helpful, as most development updates are posted on their social media handles; especially for the Crypto Twitter (CT) community.
Here’s a definition of keywords in this publication:
1. Mainnet: refers to a fully developed and to be deployed blockchain protocol, meaning that cryptocurrency transactions can now be broadcasted, verified, and recorded on a distributed ledger.
2. Staking: This involves holding funds in a cryptocurrency wallet to support the security and operations of the coin’s blockchain network. In simple terms, staking is the act of locking cryptocurrencies to receive rewards.
3. Testnet: Opposite of mainnet networks, the term testnet refers to when a blockchain or cryptocurrency network is not yet up and running at its full capacity.
A testnet is used by developers to test all the aspects and features of a blockchain network before it is certified ready for the mainnet launch.
In other words, a testnet is an experimental blockchain project, while a mainnet is a completely developed blockchain platform for users to send and receive cryptocurrency transactions.
NOTE: This publication is not investment advice, ALWAYS DO YOUR OWN RESEARCH (DYOR).