🚀 Tron’s Tether Volume Rivals Visa's Daily Transactions Amid Crypto Slump 📉

Tron is making waves as the 24-hour trading volume of tether (USDT) on its network surpasses Visa’s average daily transaction volume. Data from Lookonchain reveals that on June 21, tether trading on Tron hit $53 billion, outstripping Visa's $42 billion daily average in Q1 2024.

Currently, 59 billion USDT tokens are issued on the Tron network, with 45.5 million unique addresses holding these tokens. The top ten holders account for 27.57% of the total supply, while the next 40 holders represent 6.14%. This far exceeds the 5.7 million holders of USDT on Ethereum.

Despite a broader crypto market downturn, Tron's native cryptocurrency (TRX) has shown resilience, gaining 2% over the past week. While many digital assets have suffered significant losses, Tron’s performance and its USDT activity continue to stand out. 🚀🌐

$TRX

#TRONNetwork's #visa #TetherTreasury

$TRX As of June 21, 2024, the technical indicators for TRON (TRX) / USDT suggest a mixed but slightly bullish outlook. The assessment of moving averages and technical indicators indicates a tendency towards buying, with some cautionary notes.

The moving averages summary shows a slight buy recommendation, with 7 buy signals and 5 sell signals. The short-term moving averages, both simple (SMA) and exponential (EMA), are predominantly in the buy zone. For instance, the MA5 (0.116366) and MA10 (0.116433) are indicating buy signals. However, longer-term averages such as the MA50 and MA100 are showing sell signals, reflecting potential resistance ahead.
Technical indicators also display a generally positive sentiment with 5 buy signals, 3 neutral, and 1 sell signal. The Relative Strength Index (RSI) is at 52.337, suggesting neutral momentum. Other indicators like the Stochastic Oscillator (67.845) and the Commodity Channel Index (CCI) at 76.3804 are in the buy zone, reinforcing the upward momentum. However, the MACD indicator at -0.001 presents a sell signal, adding a note of caution.
Additional indicators such as the Williams %R (-19.25) and Stochastic RSI (77.628) indicate overbought conditions, suggesting the potential for short-term corrections. The Average True Range (ATR) at 0.0019 points to low volatility, indicating that significant price swings are less likely in the near term.
Overall, while the technical indicators for TRON (TRX) suggest a predominantly bullish outlook, the presence of overbought signals and mixed longer-term moving averages imply that investors should remain cautious. Monitoring these indicators closely and staying alert to market conditions will be crucial for making informed investment decisions.#TRX✅ $TRX #TRONNetwork's

quick analysis report on this coin?
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#TRONNetwork's
#TRX/USDT❤️
#altcoins
#ANALYSIS

$TRX
trxusdt is currently at the very attractive point in the 4h time frame...wait for the the break the triangle at this upside and for the bullish candle ..
then we can enter to the trade...

thanks
trade wisely

#Write2Earn!

#Memecoins #bitcoinhalving #TRONNetwork's
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🎉 Exciting News! 🚀 #TRONICS! , rejoice! 🌐 #TRONNetwork's Total Value Locked (TVL) just hit an impressive $24.4 billion, showcasing the remarkable growth of the #Tron ecosystem. 💪 Let's continue the momentum and keep building together! 🏗️ #CryptoMilestone #BlockchainSuccess $TRX 🚀

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#TRONNetwork's #HotTrends #BTC #AirdropAlerts #TRX

TRON PRICE PREDICTION 2024-2033: IS IT A GOOD TIME TO BUY TRX?
TRX, or rather Tronix, is the native crypto asset of the TRON Network. TRON is a Blockchain-based decentralized network targeting an unchained, worldwide digital content entertainment structure using distributed ledger technology and enabling straightforward and cheap data sharing. How is Tron Price Prediction making out in this turbulent crypto weather as major crypto exchanges unravel?One of the several cryptocurrencies that experienced an all-time high during the late 2017 and early 2018 cryptocurrency craze is TRX. It may be realistic to wonder whether and when it can return there, if at all, given that it hasn’t even come close to the heights it attained back then. As with other cryptos, it is always advised to do your own research and seek investment advice whenever investing.The latest one-day Tron price analysis depicts a bullish scenario regarding the ongoing market events. The past week proved highly favorable for the bulls as a constant upward spike was observed. Because of the aggravating buying activity, the cryptocurrency value has advanced up to $0.1131 high today. Whereas, its Moving Average (MA) value has improved up to $0.1111 because of the continual upswing.
Most TRON price predictions consider TRX a favorable asset for long-term investment, capable of delivering steady profits over the years. The future prices of TRON will majorly depend on the crypto market’s favorability to make it a good investment option.

#TRONNetwork's #TRONICS! #BullorBear #Memecoins

$TRX
#SymmetricalTriangle 📈📐

#king69 #Binance55thProject(IO) #TRONNetwork's #TopCoinsJune2024

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Cointelegraph ⤵️
https://cointelegraph.com/press-releases/dune-integrates-the-tron-network-and-joins-hackatron-season-6-as-a-partner

Since its inception, #TRONNetwork's has rapidly evolved, with payments being just one of its many areas of focus.

6 years later, #TRON has grown to +200M accounts and facilitated ~$11 trillion in volume without any downtime, becoming a vital tool for individuals, families, and businesses worldwide.

Thanks to David and Ryan from Bankless for the discussion!

Full video here 👇
https://youtu.be/sQmC8ffh8C4?si=f3ujaLZVXMbwdMUc

Top 4 Altcoins Under $2 for a $1,000 Investment Recommendation, According to ChatGPT

1- Basic Attention Token $BAT

Investment: $250
Current Price: $0.24
Estimated Tokens: 1,042 BAT

Rationale: BAT is designed to enhance digital advertising efficiency by rewarding users for their attention. It integrates with the Brave browser, providing a unique approach to privacy and advertising that could drive demand.

2- Stellar $XLM

Investment: $200
Current Price: $0.11
Estimated Tokens: 1,818 XLM

Rationale: Stellar focuses on facilitating cross-border transactions and connecting financial institutions. Its goal to provide fast, secure, and low-cost transactions makes it a strong contender in the financial technology space.

3- Tron TRX

Investment: $150
Current Price: $0.11
Estimated Tokens: 1,364 TRX

Rationale: Tron aims to create a decentralized internet and focuses on content sharing and entertainment. Its high throughput and robust infrastructure, along with strategic acquisitions like BitTorrent, make it a notable player in the blockchain space.

4- Nano $XNO

Investment: $100
Current Price: $1.26
Estimated Tokens: 79 NANO

Rationale: Nano offers feeless and instant transactions, making it highly efficient for everyday use. Its focus on simplicity, scalability, and energy efficiency positions it as a strong alternative to traditional cryptocurrencies for everyday transactions.

Disclaimer:
Research before investing, use only risk-worthy funds and take full responsibility for your decisions

#NANO #TRX✅ #XLM/ #TRONNetwork's #JustinSun