A lot of you wanted daily updates on your favorite coins, so I'm starting a new series called Daily Hot Coins. I'll be sharing my thoughts on coins that might be good to buy, ones that are taking off, and those that could be peaking.
Used to keep this stuff just for my friends, but now I'm sharing it with all of you.
As a thanks, please vote for me in the Binance Creator Awards. Your support will help me keep bringing you awesome crypto insights. Let's make this happen!

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Initial Rise
SUN, 1000PEPE, 1000SATS, SOL, WLD.
*These coins are having Breakout Rise and it's Good Oppoturnity to Enter now.
*My Action: Buy (or add to existing position).

Mid-Rise
TRB, IO, AVAX, FTM, AAVE, MATIC, LINK.
*These coins are still showing upward momentum, but might not in a Good position to Enter already.
*My Action: Hold.

End of Rise
AUCTION.
*These coins may be nearing/ pass their peak already, as indicated by signs of weakness.
*My Action: Sell (or reduce position).

That's it for today Daily Hot Coins. I hope this post can help you make smarter trade decision.
Trade Smarter! Peace Out ;)




#CryptoMarketMoves #Sunusdt #solonapumping #WLD🔥🔥🔥 #binancecreator

Heads up: These are just my thoughts on the coins for Today, and things can change fast in crypto. Always do your own homework before buying or selling anything.

Sep 3, 2024
6thtrade

Justin Sun recently announced another increase in the energy cap on the Tron blockchain, which has helped alleviate a significant energy shortage. This comes on the heels of a recent decision to raise the energy cap to 120 billion. Alongside this adjustment, the network has also halved SunPump gas fees, reducing transaction costs to encourage more user activity.
"Today, a significant amount of energy was released on the Tron network. With the increased energy cap, the overall shortage has been greatly reduced. Tron global nodes will monitor energy supply and prices closely to ensure that gas fees remain competitive," Sun wrote.
He also hinted at further reductions in fees, suggesting that exchange fees might soon return to a standard rate of 1U. Notably, transaction fees for trading Tron meme tokens via OKX Wallet have already been slashed by 98%, with Sun urging users to take advantage of these lower costs.
Expanding Tron’s Reach with High-Quality NFT Projects
In addition to focusing on meme coins, Sun has expressed interest in launching high-quality NFT projects on the Tron blockchain.
"Tron needs a native, truly high-quality NFT project. Honestly, if such a project emerges, I would change my profile picture to one from that project," he mentioned.
Sun also stated that all NFT trading fees would be used to buy back and burn NFT tokens, signaling his commitment to enhancing Tron’s influence. SunPump has recently surpassed Solana’s Pump.fun in 24-hour revenue metrics, reflecting this strategy's success.

Digital asset educator Mystery of Crypto attributes Tron’s strong performance to several factors: revenue growth from SunPump, Justin Sun’s active promotion of meme coins, and a liquidity shift from Solana and Base blockchains to Tron.
"As of September 1, Tron has the second-highest number of daily active addresses, trailing only Near Protocol, indicating growing user engagement. Tron’s deflationary nature and active community present a potential opportunity for investors," Mystery of Crypto observed. $SUN


Balancing Optimism with Skepticism
The buybacks and burns have been a tailwind for TRX. However, some investors remain cautious due to Justin Sun’s controversial history, fearing potential issues around transparency and operations.
"Chinese crypto chat channels continue to warn about Justin Sun potentially pulling a rug pull on them. This shouldn’t surprise anyone familiar with HUSD, USDD, TRX, or any other projects associated with him," one user remarked on X (formerly Twitter).
While Tron is experiencing a surge, its future remains closely watched by both supporters and skeptics. $TRX


#6thTrade #MarketSentimentToday #Market_Update #Sunusdt #TRX✅
Disclaimer: The information provided in this article is for informational purposes only and should not be considered financial advice. Cryptocurrency investments are highly volatile and can result in significant financial loss. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. The views expressed in this article are those of the author and do not necessarily reflect the opinions of the publisher or any affiliated parties. Investing in cryptocurrencies carries inherent risks, and past performance is not indicative of future results. Proceed with caution.