Crypto Analyst’s Weekly Watchlist: LINK, ATOM, DYDX, FXS, and More!

  • Crypto analyst ‘The DeFi Investor’ dropped its weekly watchlist, highlighting launches, halvings, and more!
  • LINK, ATOM, DYDX, FXS, SUI, VRTX, and EMP are the purportedly ‘must-watch’ tokens this week.
  • Notably, ATOM’s halving proposal has been approved, while FXS’ halving event will transpire on December 20.

Cryptocurrency analyst ‘The DeFi Investor’ shared in an X post on Sunday what to expect in the world of decentralized finance and crypto. The analyst hinted at a busy week for crypto assets, protocols, or platforms such as Chainlink, Cosmos, dYdX, Frax, Sui, Vertex, and Empyreal.

The DeFi Investor highlighted network launches, crypto halvings, an increase in trading volumes, and network developments.

Chainlink is gearing up for the upcoming launch of its Staking v0.2 mechanism, which will go live on November 28 at 12 p.m. ET. In its official X page, the Oracle network highlights that v0.1 stakers can migrate their staked LINK and accrued yields to v0.2 with guaranteed entry for nine days.

Cosmos (ATOM)

Cosmos Hub announces the approval of the #848 proposal, which cuts the inflation rate of its native token, ATOM, by 50%. The approved proposal will also reduce ATOM’s inflation from 14% to 10%.

Source: Mintscan

dYdX (DYDX)

Decentralized finance (DeFi) protocol dYdX will unlock $524 million worth of tokens for its investors and team on November 28. Notably, the $DYDX tokens will be released on the DYDX chain, which is purportedly not yet supported by centralized exchanges.

Frax Share (FXS)

The DeFi investor also wrote that the Frax Share (FXS) halving will ensue on December 20, which will be followed by the launch of its Layer 2 solution, FraxChain, in January. Moreover, the frxETH V2 audit is officially live and completed and can be redeemed on December 12.

Sui (SUI)

Token analytics dashboard Token Unlocks shared on X that $SUI will undergo two cliff unlocks worth $48.2 million (8% of its supply) next week from the Community Reserve and Community Access Program.

Vertex (VRTX)

The DeFi Investor also included Vertex on the roster for surpassing dYdX in trading volume. This surge transpired after the launch of its ARB Incentives Program. Additionally, it was noted that VRTX can now be staked to yield 30%–50% of the protocol revenue.

Empyreal (EMP)

Further, EmpyrealSDK’s API will be officially accessible on Empyreal Hub next week. Along with that, its very own SDK modules will be made available during their v1 release via Telegram Toolkit, Trading Features, and more.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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