Bittime – The complexity of the crypto ecosystem means that information circulates very quickly. There are many things that we must accept at the same time. To make it easier for you to listen to various information in the crypto ecosystem, here are the highlights of today's crypto news, April 29, 2024.
Airdrop Token Crypto
Good news for airdrop hunters!
Several crypto tokens will carry out airdrops, namely Renzo, Drift Protocol, Zkflare, Kamino Solana, MSN Network, and Zerolend, and the main star of the airdrop is a large-scale airdrop program, AIRDROP2049.
The Renzo airdrop is rumored to take place on April 30, 2024, with 700 million REZ tokens (7% of total supply) allocated for the airdrop. Users who collect a minimum of 360 ezPoints (platform airdrop points) are eligible to claim REZ tokens.
Drift Protocol allocated 100 million tokens to be distributed as a form of appreciation to users.
Meson Network will provide a total of airdrop recipients, they are targeted to reach 600,000 miners. ZeroLend will allocate 15% to 17% of the total supply of ZERO tokens for the airdrop program.
AIRDROP2049 is a large-scale airdrop event organized by UXLINK and supported by OKX Ventures, Web3port, and Trusta Labs. AIRDROP2049 presents a major collaboration that has 50 well-known projects in the Web3 realm.
Check Today's Crypto Market:
Ethereum dan Altcoin Season?
The price of Ethereum is increasing, but on the contrary, transaction fees on the Ethereum network have fallen drastically. Well, the decline in Ethereum gas fees to the lowest level in the last 6 months is considered a potential positive signal for the start of the altcoin rally.
Token Unlock Wave will Come shortly
This week, several well-known crypto tokens will experience large token unlocks. This is predicted to have the potential to have a significant impact on token prices on the market. The following is the token unlock schedule that you can check out:
- April 29, 2024: Optimism (OP) with an unlock of 24.16 million OP or the equivalent of $63.54 million, or 2.31% of the total circulating supply.
- April 30, 2024: PRIME with an unlock of 1.66 million PRIME or the equivalent of $29.83 million, or 4.43% of the total circulating supply.
- May 1, 2024: dYdX (DYDX) with the unlock of 33.33 million DYDX or the equivalent of $70.67 million, or 10.72% of the total circulating supply. Zetachain (ZETA) with an unlock of 5.29 million ZETA, equivalent to $6.3 million, or 2.24% of the total circulating supply.
- May 2, 2024: Ethena (ENA) with the unlock of 53.6 million ENA or the equivalent of $45.37 million, or 3.76% of the total circulating supply.
- May 3, 2024: Nym (NYM) with an unlock of 45.63 million NYM, equivalent to $8.06 million, or 6.36% of the total circulating supply. Memecoin (MEME) unlocked 5.31 billion MEME, equivalent to $141 million, or 31.94% of the total circulating supply.
- May 5, 2024: galaxy (GAL) with an unlock of 5.18 million GAL, equivalent to $23.96 million, or 5.76% of the total circulating supply.
Some Countries Regulate Crypto
It is reported that Australia's largest stock exchange, namely the ASX, will approve the launch of the first Bitcoin Spot ETF on the main board before the end of 2024.
In another country, Russia is preparing to implement strict restrictions on the circulation of crypto assets such as Bitcoin starting September 1, 2024. With the issuance of this regulation, Russia will only allow the issuance of digital financial assets (DFA) in Russian jurisdiction.
In line with Russia, South Korea is also planning to convert its temporary crypto investigation group into a permanent unit to combat the increasing cases of cryptocurrency-related crime and fraud.
Also Read How To Buy Crypto:
Summary
Those are the highlights of crypto news on April 29, 2024. You can monitor other crypto news directly only on the Bittime website.
You will be informed in real-time about everything that is happening in the crypto ecosystem, starting from price notifications for various left tokens, airdrop events, and many other important events related to trading to staking crypto tokens.
Dear Beli Crypto from Bittime
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Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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