Monitoring how crypto assets perform is crucial for making informed decisions. Tron (TRX), VeChain (VET), and Pomerdoge (POMD) are actively being monitored, considering their recent gains.
TRX falls on Huobi rumors, Justin Sun responds
Huobi’s alleged insolvency and the arrest of its executive in China led to substantial withdrawals of around $64 million last weekend. Tron (TRX) fell 12% in the past week due to CEO Justin Sun’s affiliation with the exchange.
However, Sun later dismissed concerns, terming them futile attempts to create fear, uncertainty, and doubt (FUD) while urging the community to focus on development rather than rumors.
In other news, Tron became an associate member of the Japan Cryptoasset Business Association (JCBA) as it aimed to strengthen its position in Japan. This partnership could foster growth, build confidence, and deepen Tron’s integration within Japan’s crypto-economy.
VeChain enhances supply chain transparency
VeChain focuses on enhancing transparency in supply chain management across various industries through blockchain integration.
It aims to establish trust between customers and producers by validating product information throughout its lifecycle, reducing counterfeiting risks.
Despite a 4.48% drop last week, VET is up 1.55% over the previous 24 hours, changing hands at $0.0178 when writing. Still, it remains 93.62% down from all-time highs of $0.278.
Pomerdoge is a new contender
Pomerdoge is looking to release a gaming platform, marketplace, and a collection of 7,777 unique non-fungible tokens (NFTs) exclusive to presale investors.
Token holders will also share in the platform’s generated revenue based on their stake. Pomerdoge emphasizes security with lifetime liquidity locking and certifications from SolidProof and Cyberscope.
Investors can consider Pomerdoge as it aims to challenge competitors like Dogecoin, Shiba Inu, and Pepe meme coins.
In the ongoing presale, POMD is available for $0.008.
Find out more about the Pomerdoge (POMD) presale:
Website: https://pomerdoge.com/
Telegram community: https://t.me/pomerdoge
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