5 Top Cryptocurrencies To Watch this Week
The crypto market is recovering from the previous week’s dip.
Several cryptocurrencies, including DyDx, HBAR, and 1Inch, are expected to experience token unlocks this week, which could have a significant impact on their prices.
Bitcoin’s exchange reserves have plummeted to their lowest historical point, which is a good sign for the price of Bitcoin.
Whales are refusing to sell their ETH, which could also be bullish for the price of ETH.
DyDx, HBAR, and 1Inch are either bullish or are poised for bullishness in the charts.
DyDx is expecting the release of 6.52 million DYDX tokens (worth more than $14 million at current prices)
Hedera (HBAR) on the other hand, is expecting the unlocking of 1.15 billion HBAR tokens, worth more than $67 million at current prices.
1Inch is gearing up for the release of more than $15 million worth of 1Inch tokens on Thursday, 31 August this week.