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These should be followed in Altcoins this week

DeFi Investor, a closely followed analyst in the cryptocurrency markets, has shared the headlines on its altcoin and macroeconomic agenda for the new week.

One of the highlights of the list is Pendle’s buyout process ($PENDLE). According to the analyst, the sPENDLE buyback program will be activated tomorrow. However, it is worth noting that BitMEX founder Arthur Hayes sold his entire assets. $PENDLE let’s throw today.

On the other hand, MegaETH, which is considered one of the high-performance Ethereum scaling solutions, will officially launch its mainnet tomorrow.

Another critical headline this week will come from Coinbase. The company’s earnings meeting on February 12 is important not only for stock performance but also for overall crypto market sentiment. Coinbase’s balance sheet and management statements could provide signals regarding US-based institutional demand.

LayerZero (ZRO), a cross-chain infrastructure project, has announced that it will make a “big announcement” on February 10.

On the macroeconomic level, uncertainty persists. According to data from forecasting platform Polymarket, the probability of another US government shutdown by February 14 is estimated at 66%.

Additionally, Based is expected to share new information regarding its upcoming TGE (Token Generation Event) on February 8. Additionally, the launch of the Superform (UP) token is scheduled for February 10, while the Spectra (SPECTRA) team has hinted at a major announcement for February 12.

*This does not constitute investment advice.

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