Next week promises much volatility with a series of important events related to major projects in the cryptocurrency market:
May 5:
* IOTA officially launches a new mainnet, marking a significant milestone in the project's development roadmap.
* Conflux (\$CFX) will end the token burn proposal, which could significantly affect the supply and value of the token.
May 6:
* The Sonic Summit event will take place, an event of interest to the community, providing an airdrop reward.
May 7:
* The U.S. Federal Reserve (FOMC) meeting – a macroeconomic event that could significantly impact the entire financial market, including crypto.
* EOS announces a rebranding along with a new token code – a move that could bring a fresh breeze to the project.
May 8:
* ZkSync reveals an important announcement, the community expects news about an airdrop or major update.
May 9:
* Movement (\$MOVE) will unlock tokens worth 12 million dollars, which could create short-term selling pressure.
May 11:
* Solayer (\$LAYER) unlocks tokens worth 84 million dollars, one of the largest unlock events of the week.
* Synapse (\$SYN) will rebrand to Cortex, potentially bringing a new development direction for the project.
Note: The above events may affect prices and market sentiment. Investors should closely monitor and manage risks appropriately.
