After June Crypto Bull Run July Packed with New Events and Developments
Projects delayed their mainnet launches and upgrades, and waited out for a more favorable price climate, with several networks launching within weeks.
As the first half of 2019 arrived with a bull market forBitcoin (BTC)and some optimism returned, projects went on stage, with a series of mainnet announcements expected in the coming weeks.
Within the next few days, Celer Network (CELR) will launch its mainnet, scheduled for July 8. The new blockchain is expected to be a scalable, second-layer solution that will allow faster deployment of distributed apps (dApps). CELR was also one of the high-profile, successful IEOs on Binance. CELR currently trades at $0.016 as the asset is still finding its fair price. Mainnet news may increase volatility, as the expectation of the news may create a spike, followed by a crash upon the actual news.
Another significant event coming up is the rebranding of Komodo (KMD). The open-source organization was one of the more promising projects, but was largely forgotten after a series of spikes and crashes in related projects. On July 15, Komodo will undergo a full rebranding, and a day later launch the Antara Framework, an open-source, programmable multi-chain platform.
On July 25, the much awaited EOSFinex launch will happen. EOSFinex is a part of the Bitfinex family, and may be key to the performance of the EOS asset. Recently, newEOS-based Tether (USDT)were created, which may boost the liquidity of EOSFinex. Ethfinex, the Ethereum-based predecessor, is already fueled with 1.1 billion USDT on the Ethereum platform.
The other event taking place at the end of June will be the token swap and mainnet launch for QuarkChain (QKC). The token swap is happening three months after the mainnet release.
But perhaps the most-awaited event in July is all about Bitcoin (BTC). On July 22, the Bakkt exchange will run a trial for the adoption and activity of its BTC physical delivery futures. The event may depend on the BTC market price, which started the new month by tumbling more than 30% from a recent peak within days.