The Dollar Finish Line Is In Sight. Who Wins: $TRON, $DOGE Or New Altcoin Contender #BinanceLaunchpoolHMSTR
TRON Network and Dogecoin have been fighting fiercely to maintain their positions in the top 10 crypto market cap rankings. On the other hand, lesser-known cryptocurrencies have been garnering more and more investor attention with their strong price rallies and successful presales.
One such example is Rollblock, a project that raised over $3.6 million (and counting) during its presale and managed to attract over 15,000 daily active users. Hereâs why experts believe it could become a top altcoin in 2024.
TRON Network ($TRX) on the Verge of Breakout
In the past 30 days, $TRON processed nearly 60 million in USDT transfers, which shows increased activity and interest on the network. Although $TRON is still trying to catch up to its Q2 bullish momentum when daily transactions surged by 29%, its recent resilience shows that the token is headed in the right direction.
For now, $TRON is trading at $0.1497 after a minor intra-day dip of 0.78%. Despite this decline, its market cap of $12.97 billion still makes it the 10th largest cryptocurrency. Since $TRON is currently trading above its key simple moving averages, its price could experience more upswings in the next few weeks.
Dogecoin ($DOGE) Could Turn Bullish Again
Last week, Dogecoin recorded over 1.93 million transactions as the meme-based token began a bullish rebound. Although this transaction count is still far from Dogecoinâs February highs, it is still a bullish signal for savvy traders. Dogecoinâs active addresses have also surged by 26% in the last 24 hours, suggesting a sudden spike in activity on its network.
$DOGEÂ is currently trading at $0.1006 after a small intra-day decline of 1.02%. Despite the sudden dip, Dogecoin is still the 8th largest cryptocurrency by market cap. If bullish momentum picks up again, Dogecoin could test the nearest $0.11 resistance soon. However, reaching the $1 milestone.
