While no one can accurately predict the future, the recent decline in the price of #BONK could pave the way for a deciding moment for the asset’s future price.Such a substantial price drop can easily turn into a downward spiral that sends the price into hard-to-recover-from levels. The second largest meme coin, Shiba Inu, is an example of a token that has faced a similar struggle. While SHIB has impressed in recent weeks, it remains 87.79% below its October 2021 all-time high.Meanwhile, BONK’s decline could also pave the way for a new crop of holders who missed out on the initial run-up to build a position. However, there is no guarantee this would be favorable, and investors should conduct thorough research before jumping in.In BONK’s case, the recent listing on Coinbase could help its course in the same way that Solana’s recent rise to stardom has impacted BONK’s price positively.However, continued selling pressure could see investor confidence evaporate and potentially send the token into the ashes, where most meme coin-related projects end up after their classic moments.$BONK

US CPI inflation drops to 2.5%, signaling potential economic stability and relief.
Core CPI inflation falls to 3.2%, showing signs of effective inflation control.
August marks the fifth consecutive month of declining U.S. CPI inflation rates.
The U.S. Bureau of Labor Statistics has reported a drop in August’s Consumer Price Index (CPI) inflation rate to 2.5%, falling below the expected 2.6%. This marks the end of a 40-month streak where inflation stayed at or above 2.9%, and it’s the fifth month in a row of declining CPI inflation. 
The drop in inflation signals a change in the financial sector, with inflation finally easing. As a result, Bitcoin’s price has surged above $57,000 after previously struggling with a price drop.
Cooling US CPI Inflation Data
The latest August month U.S. CPI inflation rate has dropped to 2.5%, down from 2.9% in July and 3.0% in June, showing a steady cooling of inflation over the past year. The actual figure of 2.5% came in slightly below expectations, signaling a continued decline in inflation.
Meanwhile, the reduction marks five consecutive months of declining inflation, suggesting a steady cooling trend. Economists believe this may increase the likelihood of a rate cut in September, offering relief to markets and investors.
Core CPI Inflation 
The core CPI inflation, which excludes volatile items such as food and energy, also dropped to 3.2%, slightly below the expected 3.3%. The ongoing drop in both overall and core CPI shows that past efforts to control inflation are starting to work. 
If this trend continues, it could lead to a more stable economy soon, giving hope for lasting improvement.
Bitcoin Price Sees a Boost
Following the release of the CPI data, Bitcoin’s price surged by 1.02%, reaching $56, 940 with a market cap of $1.12 trillion. The cryptocurrency appears to be gaining momentum, with the potential to break the $60,000 resistance level. This price movement suggests that investors are holding onto their positions, anticipating further gains, rather than opting to book profits.
If inflation continues to ease, Bitcoin and other cryptocurrencies could see more significant upward trends soon.
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TRON’s Impressive Growth in August 2024: Fees, Revenue, and TVL Surge

Story Highlights
TRON’s August report showed a 38.1% revenue increase, reaching $38.99 million.
#TRON burned 420.8 million TRX in August, reflecting high network activity.
USDT accounted for 99% of TRON’s stablecoin market cap, totaling $58.5 billion.
In August 2024, TRON DAO experienced remarkable growth across key metrics, as outlined in their latest monthly report. The blockchain saw a rise in revenue, increased trading volume, and consistent total value locked (TVL), making it one of the most active networks in the crypto space. But what else contributed to TRON’s success this month?
Tron’s Financial Statement
According to a recent tweet by Coin98 Analytics TRON’s August 2024 financials report showed a 38.1% growth in fees and revenue. As the blockchain’s earnings nearly doubled from the previous month, closing at $38.99 million. 
This steady growth highlights TRON’s increasing traction, both in user activity and financial performance, further cementing its place in the market.
Rising Tron’s Trading Volume
Apart from this, TRX saw a substantial increase in TRX trading volume, with an $8.5 billion rise compared to July. Additionally, the number of TRX holders surged by 4.92 million, bringing the total to over 143.5 million people. These figures highlight the growing popularity & demand for TRX within the broader crypto market.
TRX Burned and Generated
Coin98 Analytics also highlighted a spike in the amount of TRX burned in August, with a single-day burn of 34.67 million TRX on August 21. For the month, TRON burned 420.8 million TRX while generating 157 million new TRX, reflecting the active participation within the network. 
Network Usage and Active Users
Apart from this, the TRON network recorded over 231.7 million transactions in August, with a total of 254.8 million unique addresses. The platform averaged 2.1 million daily active users, outperforming several other blockchains, such as Solana, in terms of user engagement.
Staking and Total Value Locked (TVL)
TRON’s staking figures tripled from the previous month, reaching 47.11 billion TRX. The blockchain’s TVL remained consistently high, closing August at $8.18 billion, with a peak of $8.75 billion on August 26. 
Sectors such as Lending, CDP, and DEX contributed heavily to the platform’s TVL, with JustLend leading the pack at $5.76 billion.
USDT’s Dominance on TRON
Lastly, Coin98 Analytics also noted that USDT continues to account for 99% of the stablecoin market cap on TRON, amounting to $58.5 billion by the end of August. TRON ranks just behind Ethereum in terms of USDT stablecoin volume, further solidifying its influence in the stablecoin sector.
With continued expansion in both TRX holders and stablecoin dominance, TRON is positioning itself as a major player in the blockchain space.
Tron Price Analysis
Recent analysis shows promising signs of a bullish trend for TRON. Its price has been steadily rising, and projections suggest it could soon reach $0.17. If this upward momentum continues, TRON might even hit a new high of $0.30.
As of now, the TRX price is at $0.1517, showing a slight drop of 0.8%, with a market cap of $13.24 billion.
$TRX
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As of September 9, 2024, the #Pepe (PEPE) price has surged to $0.0000071, representing a 4.04% increase over the past 24 hours. The 24-hour trading volume for PEPE stands at an impressive $891,151,477, indicating significant market activity.
In the past year, PEPE has experienced a remarkable 802.71% price change, showcasing its substantial growth potential. Currently, Pepe ranks 31st in crypto.news rankings, boasting a market capitalization of $2,988,475,333.
The circulating supply of PEPE is 420,690,000,000,000, with metrics updated every minute to ensure real-time accuracy. This data enables investors and traders to make informed decisions about PEPE's potential future movements.
PEPE's recent price surge may indicate a bullish trend, potentially leading to further price increases. As the cryptocurrency market continues to evolve, Pepe's performance will be closely watched by investors and enthusiasts alike. With its significant growth and substantial trading volume, PEPE remains a notable player in the cryptocurrency space.
Investors should continue to monitor PEPE's price movements and market trends to capitalize on potential opportunities. Will PEPE continue its upward trajectory, or will it experience a correction? Only time will tell, but for now, the signs are positive for this surging cryptocurrency.
$PEPE
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#XRP Whales Resume Dumping Amid SEC Appeal Woes, Is $0.50 Next?
XRP whales influence market with frequent large transfers, notably a recent $50 million move to impacting XRP price stability.
XRP whale transferred 95M XRP to valued near $50M.
Frequent large-scale XRP transfers hint at strategic fund management .
XRP price drops to $0.5276, a 1.75% decrease in 24 hours.
XRP News: XRP whales continue to dominate headlines with recent massive transfers stirring market speculation. In a notable development, an unknown wallet has moved 95 million XRP, equivalent to nearly $50 million. This transaction, detected by WhaleAlert, has reignited discussions about the potential impacts of large-scale movements on XRP price.
XRP Whales Resume Dumping Amid Price Volatility
According to WhaleAlert, the early hours of Saturday witnessed a significant transaction involving an XRP whale. An unknown wallet, initially activated  transferred 95 million XRP to a wallet tagged under address. This event occurred at 04:48 UTC, with XRP trading at $0.5229 per coin, placing the transaction value close to $50 million.
On-chain data further reveals that this is not the first instance of large-scale transfers between these two wallets. Previously, on August 29, a transaction of 60 million XRP was recorded from the same wallet, valuing approximately $39 million at that time.
This pattern of recurrent, high-volume transactions between familiar wallets suggests a potential strategic management of funds within  by a closely associated entity.
Activated Wallets in Focus
Investigation into the sending wallet’s history through Bithomp highlights its significant role in XRP transfers. Activated on December 21, 2023, the wallet has engaged in numerous transactions involving substantial amounts of XRP. Just prior to this latest transfer, on August 21, the XRP whale sent 33 million XRP worth nearly $19.81 million to the same tagged address.
The pattern of transfers, coupled with the wallet’s initial activation strongly indicates an affiliation with the exchange. Whether these transfers are internal reallocations or external transactions remains subject to speculation. 
In addition, CoinGape revealed on September 6 that 100 million XRP, valued at $54 million, was transferred from Ripple to an unidentified wallet. This transaction has drawn attention from crypto followers, especially in light of recent Ripple vs. SEC lawsuit potential appeal.
In recent XRP news, Judge Torres has granted Ripple’s request to delay the $125 million payment pending further clarity on the appeal in the case.
XRP News: Market Impact and Future Movements
The ongoing movements by XRP whales continue to impact market dynamics significantly. Each large transaction sways market sentiment, influencing the Ripple token stability. With the XRP price crashing and nearing a critical support level around $0.50, the actions of whales are under scrutiny for signs of sustained selling pressure.
At the time of writing, the XRP price has experienced volatility, with a noticeable dip to $0.5292, marking a 6.65% decrease over the last 7 days.
$XRP
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Jumping into the #PEPE price chart, it can be seen that the coin is currently trading at a market price of $0.000007 (representing a 24-hour change of -1.55%).
This comes as Pepe continues to track the broader market decline, which has left the price at a miserable -9.5% month-on-month, and an even worse -45% decline over the past 3 months.
Yet, despite this downturn in price, PEPE remains poised, with a market cap defiant above $2.9Bn.
Localized price action paints a bleak view; while still trading above the lower support level at $0.000006, the meme coin has been in serial decline over the past month, with high volatility, as shown in the Bollinger bands.
Worse still, price action remains on its 11th day, below topside resistance from a descendant 20DMA, which leaves PEPE vulnerable to further losses.
Some positivity can be found in our key indicator – the RSI – which depicts oversold price action and bullish capacity at 39.3.
However, fundamental market conditions will need a face-lift if the coin is to resume the upside in the coming weeks.
It’s also worth considering whether Pepe offers much allure at its $2.9Bn market cap, which significantly limits upside returns.
Let’s imagine for a second that the top frog overtook DOGE – to become the top meme coin in the space.
This would mean a market cap of $13.6Bn – an insane influx of over $10Bn in capital (similar to the entire GDP of Tajikistan) – yet only resulting in a 4.6x return for holders.
Sure, that’s nothing to be sniffed at, but when we consider an emerging popular alternative – Pepe Unchained – an influx of $10Bn would give holders a magnificent 833X return!
$PEPE
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The seasonally adjusted non-farm payrolls in the United States in August were 142,000, the largest increase since June this year, with an expected 160,000, and the previous value was revised from 114,000 to 89,000. The unemployment rate in the United States in August was 4.2%, with an expected 4.20% and a previous value of 4.30%.
After the release of the non-farm payrolls data, traders increased their bets that the Federal Reserve will implement a 50 basis point rate cut in September. Traders expect a 50% chance of a 50 basis point rate cut by the Federal Reserve this month. The money market slightly raised its expectations for a rate cut by the European Central Bank, and now expects the European Central Bank to cut interest rates by 64 basis points this year, compared with the previous expectation of 62 basis points.
Analyst Sebastian Boyd said the market believes that these data have cleared the way for a big rate cut. After the non-farm payrolls growth was lower than expected, the two-year yield fell to its lowest point since August 5. Data for the previous two months were revised down by 86,000, which means the labor market is much weaker than thought.
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According to the data from the on-chain analytic firm CryptoQuant, #XRP’s exchange reserve was at its lowest level, which potentially supported this bullish outlook.
A decline in exchange reserves or a lower level indicated that investors or whales were accumulating tokens from the exchanges, leading to a continuous decrease in reserves.
Additionally, CryptoQuant’s XRP exchange inflow was comparatively lower than on other days, indicating a buying opportunity.
Currently, the major liquidation levels are near $0.555 on the lower side and $0.59 on the upper side, as traders are over-leveraged at these levels, according to the CoinGlass data.
If the market sentiment changes and the XRP price rises to the $0.59 level, nearly $6.8 million worth of short positions will be liquidated.
$XRP

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signs that the crypto bull run is coming this Septemberrecent weeks, #Bitcoin [BTC] has experienced significant price volatility, leading to a drop below the psychological $60,000 level.
While this decline has impacted the overall cryptocurrency market, it also presents the potential for a crypto bull run, particularly as we move into September—a month historically known for negative trends in financial markets.
However, several indicators suggest that this September might break the pattern and herald a bullish phase Historically, when the balances of these assets on exchanges decrease, it suggested that investors were moving their holdings to cold storage.
This indicated a long-term holding mentality rather than a desire to sell. This trend often precedes a bull run, as it reduces the available supply of these assets on exchanges, creating conditions for upward price pressure.
As of this writing, Bitcoin’s cryptocurrencies.
$BTC
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