Filecoin is being updated, PancakeSwap is preparing to distribute rewards, the States are publishing GDP data – we’ll talk about the main events of this week.
Token unlocks – from April 22
The beginning of the week again pleases investors with a new portion of major unlocks, which the community always awaits with great interest.
The most notable will be the unlocking of more than 21 million Cartesi (CTSI) tokens.
Filecoin hard fork – April 24
In the middle of the week, the Filecoin blockchain platform, focused on decentralized data storage, will conduct a major network update. About this project team reported on the social network X (formerly Twitter).
It is known that on the specified date, DEX will divide the proceeds from the new veCAKE staking pool among the community. According to the announcement, as part of the distribution, users will be able to receive rewards of up to 5% from all trading pairs.
Recently it became known that the crypto exchange is going to update the protocol to the fourth version. The rollout of V4 will bring new features such as instant accounting functionality, support for different types of pools, and much more.
US GDP Data – April 25
This Thursday, at 15:30 Moscow time, data on gross domestic product (GDP) will be released.
This information will directly affect the health of the country’s main currency, the US dollar. If actual indicators turn out to be higher than expected, the market will see a rise in the dollar, and otherwise a decline.
GDP (gross domestic product) is the market value of all goods/services produced in a country for consumption; It is also the total income of citizens, companies and the state for a certain period. This indicator is used to assess how well a state’s economy is performing: if GDP grows, the country is developing.
conclusions
Several important events await us this week: token unlocks, distribution of rewards from PancakeSwap and Filecoin update. They can lift the mood of the crypto market.
But cryptans will also be keeping a close eye on American GDP data. Traders and investors should take a closer look at the US market so as not to miss a possible outbreak of volatility.
Source: Cryptocurrency
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