In the 2nd decade of August, a whole series of significant crypto events is expected, which could affect market activity. Key projects are launching products, completing token sales, and moving to new networks. Market participants are closely monitoring this backdrop, assessing the potential impact on quotes.
Immediately, 2 startups — SatLayer (SLAY) and Heaven (LIGHT) — are preparing to list their tokens. SatLayer will conduct a TGE on Binance Alpha, while Heaven will begin trading LIGHT. The emergence of new assets on major platforms traditionally attracts speculative interest.
During the same period, the Consumer Price Index (CPI) for July in the USA will be published. This data often sets the direction for markets, especially under uncertainty regarding the Fed's policy. The impact could affect both traditional assets and cryptocurrencies.
A number of projects continue technical development. Delysium is launching a solution for cross-chain agents, while QuickSwap is expanding functionality and adding the Base network to its DEX. The token CROSS stands out particularly: against the backdrop of preparing for the launch of Pixel Heroes Adventure, the crypto asset has already increased in value by 222% over the month.
Some projects are completing token placements. PublicAI is finishing its public sale on CoinList, while Billions is closing its token sale on Kaito Capital. At the same time, the controversial exchange FTX plans the next stage of payments to its creditors, which could change the ownership structure of assets among investors affected by the platform's collapse.
There are also releases expected from Jupiter (public launch of Jupiter Lend), Linea (token generation), and Casper Network, which will release a product for crypto asset issuance without code. In a separate category remains World Liberty, whose token WLFI may hit the market at any time before the end of the month. Such a concentration of events could seriously impact market dynamics in the coming weeks.