The DeFi Investor, one of the analysts who closely follows the cryptocurrency markets, shared its list of altcoins and important developments that may stand out in the new week.
According to the analyst's evaluations, both large projects and significant airdrops and token unlocks will be on the radar of investors.
Here are the top 7 cryptocurrencies of the week according to The DeFi Investor and why they are worth following:
- Bitcoin (BTC): The US Senate will take up the Bitcoin Act bill, which includes a 1 million BTC purchase, next week.
- KAITO: Infinex will be conducting an airdrop for users who stake KAITO. The distribution is expected to take place next week.
- Ethereum (ETH): Ethereum is expected to announce a new initiative with Coinbase's layer-2 network Base.
- Internet Computer (ICP): The World Computer Summit, which will start on June 3, is of great importance to the ICP community.
- Avalanche (AVAX): The Infinex wallet will add support for the Avalanche network next week.
- SKATE: Standing out as the infrastructure layer that connects different virtual machines (VMs) together, Skate is preparing to launch its own token at the beginning of June.
- Taiko (TAIKO): On June 5, $46 million worth of TAIKO tokens will be unlocked, representing 69% of the circulating supply.
*This is not investment advice.
