This article provides a detailed overview of major cryptocurrency events, exchange listings, token unlocks, and project developments scheduled for the week of June 10–16, 2024. Stay informed about key market movements, investment opportunities, and technical updates.
June 10: Privacy Token Delisting and Cross-Chain Upgrades
Exchange Updates
Kraken will delist the privacy token Monero (XMR) in Ireland and Belgium on June 10. Trading and deposits for XMR were halted on May 10, and withdrawals will cease entirely for users in these regions after June 10. Remaining XMR balances will be automatically converted to Bitcoin (BTC). This decision aligns with recent EU regulations restricting privacy-focused tokens.
Project Developments
- Cyber (CYBER) Adopts LayerZero OFT: The CYBER token will transition to the LayerZero Omnichain Fungible Token (OFT) standard on June 10. This upgrade enables seamless cross-chain transfers without altering the total supply of 100 million tokens. The OFT standard supports Ethereum, BNB Chain, and OP Mainnet.
- NFTfi Token Claim Deadline: The NFT lending protocol NFTfi will close its NFTFI token airdrop claims on June 10. Unclaimed tokens will be reallocated to community rewards.
- Nostra Announces LBP Event: The StarkNet DeFi platform Nostra will host a Liquidity Bootstrapping Pool (LBP) event from June 10–13 for its NSTR token. The event aims to decentralize liquidity ahead of the Token Generation Event (TGE) on June 17.
- Polyhedra Network Launches Staking: Users can stake ZK tokens starting June 10 to earn rewards in ZK and ecosystem partner tokens.
June 11: Major Exchange Listings and Developer Events
Exchange Listings
Binance will list IO.NET (IO) on June 11 at 20:00 UTC+8. Trading pairs include IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY. The listing follows Binance’s seed tag trading rules.
Project Updates
- Bondex BDXN Token Listing: The Web3 talent network Bondex anticipates listing its BDXN token on exchanges around June 11. The token had a community sale on CoinList earlier this year.
- zkLink Grant Applications Close: The cross-chain infrastructure project zkLink will close applications for its developer grant program on June 11. A total of 20 million ZKL tokens (2% of supply) are allocated for grants.
- TON League Registration Deadline: The TON Open League第四季 registration ends on June 11 at 19:00 UTC. Categories include tokens, apps, NFTs, and DeFi.
Community Events
Apple’s WWDC 2024 keynote begins at 01:00 UTC on June 11 (June 10, 10:00 PST). Expectations include announcements for iOS 18, macOS 15, and VisionOS 2.
Token Unlocks
Moonbeam (GLMR) will unlock 3.04 million tokens (~$950,000) on June 11 at 08:00 UTC.
June 12: Network Upgrades and Market Predictions
Project Developments
- Aethir Checker Node Launch: Holders of Aethir Checker nodes can activate them on the mainnet starting June 12. Operators will share 15% of the total ATH supply over four years.
- Flow Crescendo Upgrade: Flow’s EVM-equivalence upgrade enters Phase 4 on June 12, finalizing testing before the testnet launch on June 19.
Market Analysis
10x Research predicts Bitcoin could break through $83,000 around June 12, citing a head-and-shoulders pattern and macroeconomic tailwinds from global rate cuts.
Token Unlocks
- Aptos (APT): 11.31 million tokens (~$97 million) unlocked at 08:00 UTC.
- dYdX (DYDX): 1.55 million tokens (~$3 million) unlocked at 00:00 UTC.
June 13: Token Launches and Mergers
New Token Releases
- Cookie3 (COOKIE): The MarketingFi platform Cookie3 launches its COOKIE token on June 13 at 18:00 UTC. The token supports governance and utility within its AI data ecosystem.
- Tabi Chain (TABI): The gaming blockchain Tabi Chain holds a public sale for TABI tokens on June 13 via Beancó.
- Pirate Nation (PIRATE): The链游 project Pirate Nation issues its PIRATE ERC-20 token on June 13. 47% of the 1 billion tokens are allocated to the community.
Tokenomics and Mergers
- Arweave AO Tokenomics: Arweave AO will release tokenomics for its AO token on June 13 at 23:00 UTC. The token will have a fair launch with 21 million tokens minted over four years.
- ASI Token Merger: Fetch.AI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) complete their merger into the Artificial Superintelligence (ASI) token on June 13. FET converts to ASI at 1:1, while AGIX and OCEAN convert at ~0.433:1.
June 14: Legal Developments and Unlocks
Exchange Updates
Coinbase will pause trading for Metal DAO (MTL) on June 14 ahead of its migration to Metal L2. Users must transfer MTL to self-custody wallets by June 24 to receive V2 airdrops.
Legal Proceedings
A Nigerian court postponed the tax evasion trial against Binance and its executives to June 14 after the defendant was not produced in court.
Token Unlocks
Immutable (IMX) will unlock 25.53 million tokens (~$54 million) on June 14 at 08:00 UTC.
June 15: Network Upgrades and Unlocks
Exchange Maintenance
Binance will suspend TRON (TRX) deposits and withdrawals on June 15 at 23:50 UTC during a network upgrade.
Token Unlocks
- Starknet (STRK): 64 million tokens (~$77 million) unlocked at 08:00 UTC.
- CyberConnect (CYBER): 886,000 tokens (~$7.4 million) unlocked at 00:00 UTC.
June 16: Render Network Unlock
Render (RNDR) will unlock 760,000 tokens (~$7.3 million) on June 16 at 08:00 UTC.
Frequently Asked Questions
What is a token unlock?
Token unlocks release previously locked coins into circulation, increasing supply. Large unlocks can impact prices due to potential selling pressure.
How do cross-chain tokens like OFT work?
Standards like LayerZero OFT enable tokens to move seamlessly between blockchains while maintaining a consistent total supply across networks.
Why are privacy tokens like Monero being delisted?
Exchanges are adapting to regulatory guidelines that restrict privacy-focused assets to enhance transparency and compliance.
What is a Liquidity Bootstrapping Pool (LBP)?
LBPs help distribute tokens fairly by allowing market-driven price discovery during initial liquidity formation.
How can I track token unlock schedules?
Use dedicated platforms and calendars that aggregate unlock data from project announcements and blockchain analytics.
What should I consider before participating in a token sale?
Research the project’s fundamentals, team, tokenomics, and regulatory compliance. 👉 Explore more strategies for evaluating new tokens.
Stay updated with these events to navigate the dynamic crypto landscape effectively. Always conduct independent research and consider market conditions before making investment decisions.