3 noteworthy events added to CoinMarketCal: OPSEC, BMAX, BTR and 1 other - December 7th - Midday edition

OpSec (OPSEC) - V2 Claim End - 11 Dec 2024

The OpSec V2 claim ending could drive excitement around the token. If many holders complete their claims, we may see increased demand and less supply in the market. As those who keep OPSEC tokens through the snapshot can get more through airdrops, some holders will choose not to sell, driving the price upwards. Additionally, the 2x selling penalty might deter fast selling, creating a stable price environment. Keep a close watch after December 11th to see how the market reacts. For more details, check the source.

Bitrue Coin (BTR), BMAX (BMAX) - BTC Staking - 09 Dec 2024

Bitrue's announcement about its new BTC staking partnership could spark interest in both BTR and BMAX. Staking leads to more community participation and can attract new users seeking on-chain rewards in Bitcoin. Increased staking can positively affect the price of BTR and BMAX because as more coins are locked for staking, there's less supply available for trading. This scarcity effect often leads to price increases. The partnership with Babylon Labs also brings a level of credibility and trust to the platform. Learn more about this partnership here.

Degen (Base) (DEGEN) - Migration to Alchemy - 09 Dec 2024

The DEGEN chain's migration to Alchemy might cause short-term disruption, but it presents opportunities too. Migration is essential for better network performance and scalability, signaling potential long-term enhancement in DEGEN’s value. During migration, however, the service interruption could affect trading activities momentarily. If the migration succeeds without hitches, DEGEN might see increased confidence and consequently, a price rise. Observers should monitor system reliability post-migration as it can sway investor sentiment. Find out more about the migration here.