Important news catalysts are often critical price catalysts for cryptocurrencies, and these coins have significant events coming up for them in the month of April.
The first coin on this list is Kusama. Kusama has been doing impressively in the run-up to the parachain auctions. From the look of things, Kusama looks like it will be worth over a thousand dollars before the end of this cycle.
The parachain auctions will be massive and one of the most significant events happening in crypto this year. The Parachain auctions will introduce something like a surprise shock for Kusama; we will see considerable percentages off the supply of KSM getting locked up in bonds for a six to twenty-four-month period.
There will not be a lot of Kusama on exchanges for those that want to do bong or staking suspect that the price is going up. And when supply is scarce, the price will rise.
The second coin is Uniswap. The latest news concerning Uniswap is that Uniswap Version 3 will be out by the 5th of May. The could be a suitable catalyst for the price to go up as people unknowingly push the price higher in anticipation of the launch. Uniswap 3 will be a significant improvement to the protocol, especially for liquidity providers. Liquidity providers will enjoy 4000x greater capital efficiency, and they will also be doing reduced-risk for liquidity providers.
Unfortunately, the update will not address the Ethereum fee issues, but a later upgrade for Uniswap will implement Layer Two Scaling to allow a dramatic reduction in fees.
Uniswap is the biggest decentralized exchange in the cryptocurrency market, so we expect that many people will watch this upgrade. This upgrade will indeed serve as a suitable price catalyst.
The third coin is Ramp Defi; Ramp went from 4 cents to over a dollar after the Binance listing. Liquid staking has an addressable market worth billions, and every proof of state chain, including Ethereum, will use Ramp. This will provide more lotions and more devalue to stakers on those chains and will be huge for Ramp because it will be at the epicenter of value.
Despite the volatility, the RUS staking platform, which is also known as the central platform for RAMP, will go live soon. This is the product that will allow you to USD in exchange for value for your stake while also allowing you to continue to earn staking. The news of the launch is expected to be said soon.
