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Crypto Updates 25
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Is Hedera Price About to Explode? Market Analyst Predicts a Major Rally for HBAR! $HBAR The price of Hedera looks ready for a potential jump. The charts show what traders call a bullish pennant pattern, which often signals upcoming price moves. Crypto analyst World Of Charts revealed on X (formerly Twitter) that HBAR could rise by 60-65% once it breaks out of this pattern. HBAR Chart Analysis The price of Hedera is getting squeezed between two trendlines – one sloping down from above and one rising from below, forming a triangle shape. When prices get compressed like this, it often leads to a big move in either direction. Moreover, a breakout typically follows this tightening pattern, either upward or downward. World Of Charts highlights this possibility, noting that a breakout could result in a 60-65% bullish wave for HBAR. Looking at the price movement, HBAR is approaching an important point where it needs to make a move either up or down. If Hedera’s price pushes above the upper trend line, it would support World Of Charts’ prediction of a strong upward trend.
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TRON And RENDER Prices Face Resistance As Investors Flock To New PropFi Coin With Funded Trading Account Utility $TRX $RENDER r TRON And RENDER Prices Face Resistance As Investors Flock To New PropFi Coin With Funded Trading Account Utility Table of Contents Market Musing-g TRON And RENDER Prices Face Resistance As Investors Flock To New PropFi Coin With Funded Trading Account Utility Render RENDER DeFi DEFI Resistance RES TRON TRX Coin CIN Times Tabloid By Times Tabloid 10 hours ago • 5 mins read TRON And RENDER Prices Face Resistance As Investors Flock To New PropFi Coin With Funded Trading Account Utility Table of Contents TRON (TRX) Takes a 45% Hit After DeFi Token’s Stellar Rise in 2024 Presale Profits and Proprietary Trading Are Setting FXGuys Apart The Render (RNDR) Price Action Remains Uncertain After Market Dip The $FXG PropFi Coin Aims For a 100x Price Pump! The crypto crash in the past few days has seen most top altcoins bleed out their value and profits. Many, like TRON (TRX), have lost their New Year profits, while others, like Render (RNDR), face uncertain futures. However, one new PropFi coin has emerged as the most promising project in the market right now, and investors are quickly stacking up as experts predict that the new crypto could pump by 10,000% after its launch. Here’s more on TRX, RNDR, and the new PropFi coin! >>>JOIN FXGUYS HERE<<< TRON (TRX) Takes a 45% Hit After DeFi Token’s Stellar Rise in 2024 TRON emerged as a top network for developers and investors in 2024, with its native TRX token maintaining a consistent bullish outlook. Moreover, TRON solidified its position as a DeFi hub, as evidenced by its impressive revenue figures for the year. TRX revenue topped the blockchain revenue charts for DeFi tokens, surpassing Ethereum with about $200 million to end the year with about $2.19 billion in revenue. TRON is looking to top that up in 2025, and the new year hype seems to have the TRX coin well underway.
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Justin Sun says 'stop' asking questions about the next iteration of Tron's USDD stablecoin and its 20% yield $TRX Tron founder Justin Sun said people should “stop” asking him questions like where the yield will come from when the next iteration of his algorithmic stablecoin, USDD, offers a 20% APY. “It’s simply because we have plenty of money,” Sun said. USDD launched in 2022 as a competitor to Terra’s defunct UST token. Tron founder Justin Sun appears to be tired of fielding questions about the next iteration of the USDD algorithmic stablecoin. "USDD 2.0 is about to launch with a 20% APY, fully subsidized by Tron DAO. All interest will be sent in advance to a transparent address," he posted to X. "There’s no other reason, it’s simply because we have plenty of money. So, stop asking me questions like 'where does the yield come from.'" The stablecoin launched in 2022 as a competitor to Terra’s now UST token. It is backed primarily by Tron’s TRX native token. USDD is supposedly managed by Tron DAO.
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Peanut the Squirrel (PNUT) Explodes 30% Daily as Coinbase Trading Begins from Yesterday $PNUT Rank 135 PNUT saw the light of day a couple of months ago after a pet squirrel named Peanut was euthanized in New York state. Based on the Solana blockchain, the token quickly gathered attention, and its price skyrocketed by triple and even quadruple digits at one point. The culmination came in mid-November after it was listed on Binance when it soared to an all-time high of $2.44. Since then, though, the asset has lost its momentum and tumbled to $0.47 yesterday, thus losing nearly 80% of its value since that peak. However, the past 24 hours have been particularly positive for the asset as it bounced off that low by double digits and surpassed $0.6 for the first time in a few weeks. This came after a favorable interaction with the largest US crypto exchange – Coinbase. The team announced adding support for the meme token on the Solana network and trading started less than an hour ago (9 AM PT).
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