Deso Launches MegaSwap, Cardano Releases EVM Test-Net

Following large intraday swings yesterday after Jerome Powell’s speech at the Economic Club of DC, traditional indices have picked a direction, with the SPY -0.95%  (-1.07%) and QQQ -1.50%  (-1.72%) both falling today. BTC -2.64%  (-1.30%) and ETH -1.52%  (-1.36%) continue to trade around $23k and $1.65k as many altcoins are cooling off following impressive gains over the past month. Popular Arbitrum tokens GMX and MAGIC are down 9.05% and 13.83%, respectively. The Sandbox (SAND) is the top gainer in the top 100 coins over the last 24 hours, gaining 15% after an announcement of partnering with the Saudi Arabia Digital Government Authority to explore potential metaverse opportunities. The partnership announcement comes before a large token unlock scheduled for February 14th, releasing 12% of the token’s total supply.

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