The last weeks of December are full of volatility for the cryptocurrency market. Four major projects have just announced significant initiatives scheduled to take place in a short period, drawing attention from the trading community.
Uniswap (UNI) - Large-scale Token Burn Plan
Uniswap will execute one of its largest token burns on December 25th, with a plan to remove 100 million tokens from circulation. According to the latest data, UNI is trading at $5.83, down 2.06% in the past 24 hours. This move aims to boost value by reducing supply, a common mechanism to improve the benefit ratio for token holders.
Hyperliquid (HYPE) - Rescue Fund Burn Decision
Hyperliquid is expected to conduct a vote on December 24th regarding burning $1 billion worth of tokens from the project’s rescue fund. HYPE is currently trading at $24.94 with minor volatility (-0.65%) during the day. This decision reflects the project’s commitment to long-term token supply management.
Aster (ASTER) - Adjustments to Token Issuance and Allocation
Aster will announce two important steps on December 22nd: reducing the current token issuance schedule and launching a new token allocation round worth $12 million. ASTER has performed better than the broader market, increasing by 1.72% and trading at $0.70. These changes could influence supply dynamics in the coming months.
Huma Finance (HUMA) - Badge Launch for Providers
Huma Finance will issue utility badges to providers on the same day as Aster (December 22nd). This move aims to reward and encourage the participation of loyal users within the ecosystem. HUMA is currently trading at $0.03, despite a 5.24% decrease in 24 hours.
Remarks
These events happening within four days indicate that the market is focusing on token management mechanisms and user incentives. Investors following these projects should pay attention to the schedule and may find trading opportunities based on market reactions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Christmas is coming: Four coins with major plans, investors should pay attention
The last weeks of December are full of volatility for the cryptocurrency market. Four major projects have just announced significant initiatives scheduled to take place in a short period, drawing attention from the trading community.
Uniswap (UNI) - Large-scale Token Burn Plan
Uniswap will execute one of its largest token burns on December 25th, with a plan to remove 100 million tokens from circulation. According to the latest data, UNI is trading at $5.83, down 2.06% in the past 24 hours. This move aims to boost value by reducing supply, a common mechanism to improve the benefit ratio for token holders.
Hyperliquid (HYPE) - Rescue Fund Burn Decision
Hyperliquid is expected to conduct a vote on December 24th regarding burning $1 billion worth of tokens from the project’s rescue fund. HYPE is currently trading at $24.94 with minor volatility (-0.65%) during the day. This decision reflects the project’s commitment to long-term token supply management.
Aster (ASTER) - Adjustments to Token Issuance and Allocation
Aster will announce two important steps on December 22nd: reducing the current token issuance schedule and launching a new token allocation round worth $12 million. ASTER has performed better than the broader market, increasing by 1.72% and trading at $0.70. These changes could influence supply dynamics in the coming months.
Huma Finance (HUMA) - Badge Launch for Providers
Huma Finance will issue utility badges to providers on the same day as Aster (December 22nd). This move aims to reward and encourage the participation of loyal users within the ecosystem. HUMA is currently trading at $0.03, despite a 5.24% decrease in 24 hours.
Remarks
These events happening within four days indicate that the market is focusing on token management mechanisms and user incentives. Investors following these projects should pay attention to the schedule and may find trading opportunities based on market reactions.