Posts

Showing posts with the label tron

Tron Hits $1B in Revenue: So, What's Next for TRX?

Image
The cryptocurrency market, like most financial markets this year, has been struggling with increased volatility. However, one key asset in the top 10 of tokens by market cap has hit a major milestone amid the uncertainty. Indeed, Tron has reached $1 billion in revenue, with traders pondering just what’s next for TRX. The Justin Sun-led token has been one of the fastest rises in the industry over the last two years. However, like many of its contemporaries in the sector, it has failed to live up to expectations this year. The question is, can a recent market turnaround spark a potential price jump for Tron? Source: Shutterstock Also Read: If You Invested $5,000 in Tron’s TRX During Its Launch, Here’s Your Returns Justin Sun’s Tron Hits Major Milestone: Here’s What to Expect From TRX It has been an interesting start to the week for the cryptocurrency market. Despite the stock market falling noticeably, Bitcoin has surged. Indeed, the leading crypto reached an $88,000 pri...

Top Cryptocurrencies to Invest in Now January 27 – TRON, Cardano, The Graph

Image
The cryptocurrency market is experiencing heightened optimism following Donald Trump’s return to the White House, sparking renewed discussions about potential regulatory and legislative changes. The market is shifting rapidly, with developments like the SEC’s newly formed crypto task force and Trump’s executive order focused on creating a “digital asset stockpile.” These changes signal a more structured and diverse approach by the U.S. government to integrate and oversee digital assets. This evolving regulatory framework has fueled growth across various altcoins and digital assets, reflecting the market’s reaction to these strategic initiatives. With this, investors are closely watching key opportunities. For those exploring the top cryptocurrencies to invest in now , this article analyzes tokens worthy of investing. Top Cryptocurrencies to Invest in Now TRON’s native token (TRX) is currently valued at $0.235, reflecting a strong performance ...

5 Best Cheap Crypto to Buy Now Under 1 Dollar January 13 – WEMIX, TRON, Theta Fuel

Image
The altcoin market has been experiencing a downturn in the early months of 2025, with significant losses seen in major coins like Dogecoin and Cardano. This decline has led some to worry that the altcoin bear market has returned. However, cryptocurrency analyst Michael Van de Poppe suggests that the altcoin bear market might be nearing its conclusion. The analyst noted that social media trends might lead many to believe the bull market has ended. But is that the case for 2025? While there are a few exceptions, most altcoins, including Ethereum, have shown underperformance. Van de Poppe pointed out that altcoins have been in a prolonged bear market against Bitcoin, but this period is likely coming to an end. This positive outlook prompts investors to search for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar . 5 Best Cheap Crypto to Buy Now Under 1 Dollar  WEMIX is currently valued at $0.8484, reflecting a 2.22% rise over the last seven days. TRX h...

Tron Market Cap Hits All-Time High: Will TRX Hit $0.30 Soon?

Image
The cryptocurrency market seems to be facing a correction after its recent surge. Bitcoin (BTC) hit a new all-time high of $89,864.13 on Nov. 12, 2024. BTC’s upward momentum triggered a market-wide rally over the last few days. Amid the correction, LookOnChain highlights that Tron’s (TRX) market cap has hit a new all-time high of over $16 billion. Also Read: XRP’s Rare Pattern: Top Trader Predicts $1 After 17% Surge The market cap of $TRON has exceeded $16 billion, setting a new all-time high! pic.twitter.com/4VW0sXVj0t — Lookonchain (@lookonchain) November 13, 2024 While the project’s market cap is at an all-time high, TRX is down by 23.7% from its peak of $0.2317, which it accomplished in January 2018, almost seven years ago. While the market is facing a correction, Tron (TRX) seems to be weathering the storm quite well. The asset is up by 5% in the daily charts, 8.7% in the weekly charts, 5.7% in the 14-day charts, and more than 10% over the previous month. TR...

Top Cryptocurrencies to Invest in Now October 24 – Uniswap, Mog Coin, dogwifhat

Image
The current state of the cryptocurrency market presents mixed signals. Some tokens are experiencing upward trends, while others are declining in value. TRON demonstrates bullish momentum, marked by increasing open interest and heightened market activity. This suggests that more investors are engaging with TRON, potentially indicating confidence in its future performance. In addition, Jupiter and Popcat have witnessed significant rallies. These increases are largely attributed to notable surges in trading volumes. This Analysis highlights some of the top cryptocurrencies to invest in now . By exploring these significant tokens, investors can identify opportunities to enhance their portfolios.  Top Cryptocurrencies to Invest in Now  Today, Dogwifhat is among the top gainers in the cryptocurrency market, trading at $2.56, which reflects an intraday increase of 5.11%. Meanwhile, Uniswap has launched a new decentralized cross-chain bridge using the Across protocol (ACX), aiming...

Tron (TRX) Price Prediction for Today, October 12 – TRX Technical Analysis

Image
Tron (TRX) is currently trading at $0.162, positioned just below its peak from the 2021 bull market. This recent surge signals a strong potential to revisit the heights seen during the 2017 rally following the project’s initial token sale. Unlike past rallies, this upward trend appears more sustainable, supported by gradually increasing daily trading volumes surpassing $305 million. TRX Key Statistics Current Price : $0.162 Market Cap : $14.07 billion Trading Volume (24h) : $383.26 million Circulating Supply : 86.55 billion TRX Total Supply : 86.55 billion TRX CoinMarketCap Ranking : #9 Currently, TRX is showing strong momentum, with a 0.38% increase from its maximum price over the last 30 days and gains of 10.53% and 6.18% from its respective minimum prices over the last 30 and 7 days. TRX/USD Market Analysis Key Levels Resistance : $0.169, $0.175, $0.180 Support : $0.155, $0.150, $0.140 TRXUSD -Daily Chart The TRX/USD chart shows TRON testing resistance at $0...

SunPump Fuels Tron Meme Coin Boom, Turning Traders Into Millionaires As Solana Is Upstaged

Image
A meme coin boom on the Tron network’s SunPump is minting millionaires, with the Justin Sun-backed platform generating over $1 million in revenue in less than two weeks and outpacing Solana’s Pump.fun in activity and revenue over the past 24 hours.” More than 7,500 meme coins were launched on SunPump in just the last day, generating $585K in revenue, according to Dune Analytics  data. By comparison, Pump.fun saw 6,700 tokens created, earning $366K during the same period. Traders Score Big Trading Meme Coins On Tron Traders are reaping massive profits from these meme coins on SunPump, with some early buyers turning modest investments into millions almost overnight. On-chain analytics platform Arkham Intelligence revealed in an Aug. 20 X post that one trader with the address “TT4S5,” who was one of the earliest buyers of SUNDOG, achieved a profit of $20.60 million in 6 days. This trader turned $1.69K of SUNDOG into $20 MILLION in 6 days TT4S5 wa...

USDD partners ignore HTX danger

USDD is a massive stablecoin that describes itself as ‘algorithmic’ and has a market capitalization of approximately $730 million. However, despite this size and seeming importance, it has a variety of issues, from its design to its reserves and its partners. Changes to USDD When USDD was launched, it was intended to inherit an algorithmic design reminiscent of the Luna-Terra system. The original whitepaper described how, by the end of 2022, Tron version 5.0 was going to be released, which would integrate USDD minting and redemption directly into the core of the protocol. However, as of press Tron version 5.0 has yet to be released.  This version was meant to actually ‘burn’ the tron (TRX) used to issue new USDD; currently, the TRX that is ‘burned’ isn’t burned but instead held in a wallet and counted as collateral for the token. Following the collapse of the Luna-Terra system, more recent whitepapers for USDD no longer mention bei...