Crypto Analyst Reveals 22 Altcoins to Watch in May: Key Developments and Market Trends

  • Renowned crypto analyst Thor Hartvigsen has outlined the altcoin developments he will be closely watching in May.
  • Hartvigsen will be closely monitoring 50 significant developments in the crypto world during May.
  • Here is a list of what the analyst will be tracking:

Renowned crypto analyst Thor Hartvigsen shares his watchlist for altcoin developments in May, providing insights into the crypto world’s most significant upcoming events.

DeFi:

The DeFi sector is set to see several notable developments. These include the potential launch and score airdrop of Swell’s layer 2, EigenLayer’s 5% token share airdrop to stakers on May 10, the start of Renzo’s season 2 airdrop campaign, the commencement of Lido x SSV’s second test network at the end of May, and the introduction of programmable functions, dynamics, and more in Maverick V2.

Layer 1 – Layer 2

In the Layer 1 – Layer 2 realm, potential developments include the possible distribution of Blast’s layer 2 airdrop, the allocation of 10 million OP in Optimism’s retro funding round 4 with registrations beginning on May 23, the commencement of Arbitrum LTIP’s incentives distribution, the planned launch of Worldcoin’s layer 2 in the summer of 2024, rumors of zkSync’s imminent token launch, the potential mainnet launch of BounceBit, a Proof of Stake layer 1 chain, QTUM’s announcement of a new development roadmap, potential airdrops from Layer 2 project Mode and Berachain.

Artificial Intelligence

Artificial Intelligence also has some key events lined up, including Nvidia’s earnings report announcement on May 22, Zero1 Labs’ impending announcement of its second project under ZCP, ScPrime’s plans to switch to the Solana blockchain, and the potential launch of ChatGPT-5.

Conclusion

May promises to be a month full of significant developments in the crypto world, particularly in the DeFi, Layer 1 – Layer 2, and AI sectors. As these events unfold, they could potentially shape the future of these sectors and the overall crypto market. It will be interesting to see how these developments will impact the crypto landscape.

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