Crypto analyst The DeFi Investor has published a watchlist of altcoins poised for potential volatility in the coming week, citing specific project developments as key catalysts. The list is headlined by EtherFi (ETHFI), which is scheduled to announce its roadmap at an analyst meeting on March 11th, where plans for the ecosystem's future will be shared.
Other notable projects include Mantle (MNT), which is reportedly preparing for a significant announcement in conjunction with Bybit's Alpha platform. Polkadot (DOT) has a tokenomic update planned for March 12th, which is expected to reduce DOT network emissions by 53.6%. THORChain (RUNE) is set to integrate the Polygon network, enabling local cross-chain exchange transactions. The decentralized derivatives platform GMX (GMX) confirmed it will launch a cross-margin trading mode.
On the NFT front, Magic Eden announced it will close its Ethereum and Bitcoin-based NFT marketplaces by March 9th. The list also included upcoming developments for the HOME token and Virtuals Protocol (VIRTUAL).
The analyst also cautioned that macroeconomic data will be a major market driver, specifically pointing to US Consumer Price Index (CPI) inflation data due on March 11th as a critical determinant for cryptocurrency and risk assets.
Separately, a review of the past week's market performance highlighted several winners and losers. OKB surged from $77 to $120 following news that Intercontinental Exchange (ICE), parent of the NYSE, acquired a minority stake in OKX, valuing the exchange at $25 billion. The Pi Network token (PI) also posted strong gains with a bullish breakout.
On the losing side, Cardano (ADA) faced renewed criticism over low on-chain activity and development pace, shedding 9.61% over the week. World Liberty Financial (WLFI) fell 14% amid reports of team token dumping worth $1.74 million. Other notable decliners included ZCash (ZEC) and Solana (SOL), which failed to break through the $90 resistance zone.