Tag: Tron

New High For TRON, But Bearish Signals Cast Shadows On The Rally

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The price of TRON (TRX) has been on an impressive run of late and established a double-top technical formation. Technical analysts typically utilize this pattern to forecast a trend reversal when an asset reaches its peak. Tron is currently trading close to its all-time high level, which has attracted traders’ attention to the double-top. TRX is selling at $0.1654, and currently with a price projection of 67% in the next three months, CoinCheckup data reflect. However, the estimate permits some safety line, traders are starting to get more worried due…

TRON Reclaims Its Crown With 43% Dominance In Altcoin Transactions

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Tether’s $1 Billion USDT Mint On Tron: What’s Fueling The Demand Surge?

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It’s been a busy week for Tether, as the company announced that it had authorized the minting of another 1 billion USDT tokens, pushing the total number of minted tokens to $33 billion in the last year. According to blockchain data, the additional tokens were minted on the Tron network and immediately sent to the company’s treasury wallet. Whale Alert also confirmed the latest transaction last Tuesday at around 20:43 (UTC). The company’s latest replenishment order has sparked speculation of increasing demand and a potential price surge. 1,000,000,000 #USDT (999,750,000…

Tron Energy Needs Rise 100% In 3 Months: New All-Time High Incoming?

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Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com,…

TRON Market Cap Hits $14 Billion On Strong Revenue Growth

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Tron Token Burn: 10 Million Gone—What Does It Mean For TRX Price?

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TRON (TRX) recently garnered attention by incinerating over 10 million tokens, demonstrating its dedication to a deflationary approach intended to enhance its value. Currently, TRX is trading at roughly $0.1605, indicating a small increase. Analysts express optimism on TRON’s future, forecasting a 57% price increase during the next three months, and an even more remarkable 208% rise over six months, figures from CoinCheckup show. This optimistic perspective indicates that TRX may be poised for a substantial upward trajectory in the cryptocurrency market. A Robust Technical Foundation The technical indicators for…

Tron (TRX) Holds Green as Markets Fall: Can It Keep Going?

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Toncoin struggles as TRON surges; investors eye Lunex network’s DeFi exchange

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Toncoin loses investor interest due to a negative funding rate, while TRON gains momentum, surpassing Bitcoin and Ethereum. Toncoin (TON) is quickly losing investor interest due to its negative funding rate, but TRON is picking up bullish momentum after surpassing Bitcoin and Ethereum in terms of Q3 revenue. Meanwhile, savvy investors are more interested in Lunex Network’s viral DeFi exchange with its unique cross-chain interoperability.  Toncoin’s negative funding rate…

Tron consolidates as investors shift focus to Kaspa and Cybro’s potential

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Tron enters a consolidation phase, investors are turning to emerging assets like Kaspa and Cybro. Tron sees reduced momentum, leading to a consolidation phase. Meanwhile, significant crypto investors shift their attention to up-and-coming digital assets, highlighting Kaspa and Cybro. This article delves into the market dynamics influencing these moves and uncovers which coins may be on the brink of a surge. CYBRO empowers DeFi investments with smart AI…