Smart money pounced on WIF's dip to accumulate, but this move could backfire, revealing potential risks.
While the month-on-month data is positive, daily network activity on Tron is shrinking.
CoinStats, a prominent platform in cryptocurrency portfolio management, has officially launched full integration with the TRON blockchain. This update is part of CoinStats' mission to enhance user experiences by broadening the range of assets it tracks.
Bitcoin (BTC) is back above $60,000 after registering an increase of over 3% in the past 24 hours as optimism around a Fed rate cut grew. Other cryptocurrencies, including Ethereum (ETH), Uniswap (UNI), FET, SUI, Aptos (APT), and Bittensor (TAO), registered notable gains.
Altcoins is where it's at. Bitcoin may be the best invention since the internet itself, but it cannot compete with the hottest altcoins. Sadly, however, not all altcoins are hot. Tron is cooling down, and the Cardano price is ice cold, leaving investors scrambling to find a token to offset losses.
Tron founder Justin Sun criticized Coinbase, the largest US-based crypto exchange, for not implementing proof-of-reserve (PoR) measures.
Tron founder Justin Sun has once again stressed his demand for a Proof-of-Reserve from Coinbase amid the launch of its new product aka cbBTC in the market. He further questioned that when all exchanges in the industry have implemented Proof-of-Reserve (PoR) why is the exchange saying that it's not feasible?
Justin Sun, TRONs founder, expressed confidence that TRX will rival Bitcoin and Ethereum within two years. Citing TRXs 7,000% growth and USDT integration, Sun believes TRON is on track for top-tier status in the crypto market.
TRX, the native coin of the Tron blockchain, has maintained a downtrend since August 25. Exchanging hands at $0.14 as of this writing, the coin's value has since plummeted by 13%.
Justin Sun boldly predicts TRON (TRX) will crack the top 3 cryptocurrencies within the next 1-2 years.
TRON is poised for remarkable growth, with its founder, Justin Sun, predicting that it will rank alongside Bitcoin and Ethereum as one of the top three cryptos within the next two years. This assertion comes amidst the crypto performance boost, having surged approximately 7,000% in value over the past seven years.
Tron Founder Justin Sun is bullish on his protocol's prospects over key rivals in the ecosystem. In an interview with Altcoin Daily, Sun predicted that TRX will soon become one of the top three digital currencies by market capitalization.
TRON DAO, the decentralized organization behind the TRON blockchain, announced that the newly formed T3 Financial Crime Unit (T3 FCU) task force has already frozen over $12 million in USDT linked to illicit activities. In a Sept.
Bitcoin (BTC) saw considerable fluctuations over the weekend. It briefly pushed above $60,000 as market sentiment showed signs of shifting, resulting in a temporary jump of 6%.
Whales started taking profits over the weekend, but the bearish momentum seems to have cooled down. According to data provided by IntoTheBlock, the TRON (TRX) large holders' net outflow declined from 141 million to 8.8 million TRX on Sept.
Justin Sun highlights an “exciting next week” for Tron meme coins as SunPump frenzy ensues.
WIF has experienced a strong upward momentum over the last month, now analysts are eyeing $10.
Coinbase recently introduced cbBTC, a wrapped version of Bitcoin designed to integrate with decentralized finance (DeFi) applications on Ethereum and Base networks. This new product aims to expand Bitcoin's utility beyond simple holding or trading, allowing users to participate in various DeFi activities without converting their Bitcoin to other cryptocurrencies.
According to recent data from the blockchain intelligence firm IntoTheBlock, the number of long-term holder addresses for TRX has jumped by an impressive 237% over the past year. This dramatic increase highlights growing investor confidence in Tron's long-term prospects and suggests a positive outlook for the network's future.
The BTC price surged 3.2% during the U.S trading session on Friday, nearly retesting the $60000 psychological level. A potential breakout from this resistance could accelerate the ongoing recovery and drive a rally to $70000.
Tron (TRX) has gained a lot of momentum this year, with its market cap surging and long-term holders growing too.
As the price of Bitcoin (BTC) retests its important resistance level of $60,000, the crypto market has regained momentum over the past few hours. Moreover, the market has recorded a jump of 1.97% within the past day and is currently valued at $2.09 Trillion.
Despite the bullish market outlook, the Tron price plunged 2.17% to $0.148 during the Friday trading session. While the bearish momentum signals prolonged correction, the TRX price holds a healthy retracement level at $0.145 amid whale accumulation to signal a potential upswing.
Meme coins have been sliding in recent weeks. According to Coingecko, all meme coins' total market cap is around $42 billion.
On-chain data shows that Tron long-term holders have increased by 237% in the past year, suggesting a rise in HODLing convictions on the network.
Bitcoin (BTC) saw a brief foray above $58,000 on Thursday following the release of US inflation data and Federal Reserve rate cut bets. US consumer prices bumped up slightly in August, but core inflation remained persistent, with the Core Consumer Price Index increasing by 0.28%, compared to an anticipated 0.2% increase.
The T3 Financial Crime Unit has been established to address the increasing number of financial crimes associated with USDT transactions on the Tron blockchain. As one of the largest stablecoins in the market, USDT has become a prime target for various forms of illegal activity, including scams and fraudulent schemes.
It was another dull week in the cryptocurrency market as the crypto fear and greed index slipped to the fear zone of 37 while Bitcoin remained in a consolidation phase. Bitcoin was trading below $60,000 while Ethereum fell below $2,500. This article looks at Tron (TRX), VeChain (VET), and Helium (HNT).
The increase in TRX's long-term holder addresses shows strong investor confidence in the network's future.
The Dogwifhat (WIF) coin price was subdued on Thursday, trading little moved in the $1.5450 area as other major cryptos crawled higher.
The Cardano (ADA) blockchain has seen a notable rise in transactions since the early September Chang hard fork. The network growth has contributed to a gain in ADA price as the coin has emerged among the top performers in the last 24 hours.
CoinStats, a top cryptocurrency portfolio management platform, has announced the launch of full support for TRON
Reduced monopoly helps SOL manage risks and stabilize value during market downturns.
TRX, the native currency of decentralized blockchain platform TRON, has seen a major bullish development today. While its price has remained steady recently, a trend not seen across the market, TRX is hinting toward another upward trend in the near future.
The broader digital currency ecosystem is recovering as the combined crypto market cap jumped by more than 2.35% to $2.04 trillion. Besides Bitcoin (BTC) and Ethereum, among the major altcoin beneficiaries of this rally are XRP, Dogecoin (DOGE) and Tron (TRX).
Projects like DTX Exchange are gaining attention as potential disruptors of the traditional finance ecosystem. With traditional platforms facing high fees and complicated processes, investors and traders are shifting their focus to innovative solutions that offer higher leverage, lower fees, and no KYC requirements.
The memecoin space is gaining strength as the top cryptos are trying hard to rise & sustain above the achieved resistances. The volume over the platform has increased by over 6% and the market capitalization has also risen by nearly 2.5%. While Dogecoin & Shiba Inu have been sustaining above $0.1 and $0.
SunPump, a memecoin launchpad powered by the Tron blockchain, has seen a steep drop in memecoin activity following its initial success.
The T3 FCU will collaborate with law enforcement to uncover and block criminal uses of USDT.
Tether, Tron, and TRM Labs unit to form T3 Financial Crime Unit to curb illicit crypto activities.
dogwifhat is poised for a 10% price drop as on-chain metrics hint at a bearish signal.
In the current bearish market sentiment, Solana-based Dogwifhat (WIF) is poised for a potential price correction in the coming days. On September 11, 2024, WIF experienced a price drop of over 8% and is now there at a crucial level.
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Amid a crypto market downturn, TRX, THETA, and XTZ face price challenges, despite positive developments.
Tron, Tether and the blockchain intelligence firm, TRM Labs, appears in the T3 Financial Crime Unit (T3 FCU) that aims to address an increased rate of criminal activities associated with the USDT in the TRON ecosystem.
Ethereum competitors, such as Solana (SOL), Tonoin (TON), Tron (TRX), Cardano (ADA), and SUI, are likely to draw investors' attention as ETH price correction over the past six months. The bearish momentum accelerated as the Ethereum network was attacked by crypto hackers and growing speculation behind CEO Vitalik Buterin selling his holdings.
Amid increased uncertainty in the crypto market, the Tron project has outperformed all the top 20 cryptocurrencies including Bitcoin with a surge of over 20% in the past month. Following this, Tron-based altcoins gained significant attention from the investors resulting in many tokens recording three-digit gains within a short period.
Two dogwifhat whale addresses have been buying WIF over the past two weeks accumulating $33.5 million worth of WIF coins in their bags.