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$TRX signals steady bullish momentum On short-time chart $TRX is stable at $0.1537, with an RSI of 62.37, indicating bullish conditions. The MACD is neutral at 0.0001. A long entry could be considered above $0.1537, targeting $0.1538 with a stop-loss at $0.1535. A short trade could be initiated below $0.1535, targeting $0.1531 with a stop-loss at $0.1537. On hourly chart $TRX maintains a bullish outlook with an RSI of 67.58 and MACD at 0.0005. A long position could be considered above $0.1537, targeting $0.1541 with a stop-loss at $0.1535. For bearish trades, a short entry could be made below $0.1531, targeting $0.1518 with a stop-loss at $0.1535. TRX don the daily chart presents bullish momentum, with an RSI of 56.61. A long entry could be made above $0.1537, targeting $0.1557 with a stop-loss at $0.1532. Bearish traders may short below $0.1531, targeting $0.1524 with a stop-loss at $0.1539. **Note: All indicator readings are as per the publish time of this analysis. Exercise caution and do thorough research before making trading decisions. #TRON #TronNetwork
$TRX signals steady bullish momentum

On short-time chart $TRX is stable at $0.1537, with an RSI of 62.37, indicating bullish conditions. The MACD is neutral at 0.0001.
A long entry could be considered above $0.1537, targeting $0.1538 with a stop-loss at $0.1535. A short trade could be initiated below $0.1535, targeting $0.1531 with a stop-loss at $0.1537.

On hourly chart $TRX maintains a bullish outlook with an RSI of 67.58 and MACD at 0.0005.
A long position could be considered above $0.1537, targeting $0.1541 with a stop-loss at $0.1535. For bearish trades, a short entry could be made below $0.1531, targeting $0.1518 with a stop-loss at $0.1535.

TRX don the daily chart presents bullish momentum, with an RSI of 56.61.
A long entry could be made above $0.1537, targeting $0.1557 with a stop-loss at $0.1532. Bearish traders may short below $0.1531, targeting $0.1524 with a stop-loss at $0.1539.

**Note: All indicator readings are as per the publish time of this analysis. Exercise caution and do thorough research before making trading decisions.

#TRON #TronNetwork
🔅𝗪𝗵𝗮𝘁 𝗗𝗶𝗱 𝗬𝗼𝘂 𝗠𝗶𝘀𝘀𝗲𝗱 𝗶𝗻 𝗖𝗿𝘆𝗽𝘁𝗼 𝗶𝗻 𝗹𝗮𝘀𝘁 24𝗛?🔅 - - Zest Protocol Launches Bitcoin Liquid Staking: The protocol introduces BTCz, a BTC equivalent earning yield through the Babylon staking system. - Core Blockchain Introduces LstBTC: The new ERC-20 liquid staking token aims to solve the dilemma between earning rewards and maintaining liquidity for Bitcoin holders. - Mercuryo Launches Crypto Debit Card: The Mastercard-enabled card allows users to spend their crypto holdings at over 90 million merchants. - Pressman Film to Use Avalanche for Film Funding: The studio behind "Wall Street" and "American Psycho" will use the Avalanche blockchain to launch a tokenized public fund for film investments. - Pump.fun Regains Lead Over Tron's SunPump: The Solana-based meme coin factory retakes statistical lead in daily created coins. $TRX - Infinite Reality Partners with Google Cloud: The 3D and VR startup aims to leverage Google's computing and AI power for creating immersive environments. - Catizen Sets Token Launch Date: The Telegram-based puzzle game announces its CATI token will launch on September 20. - Binance Web3 Wallet X DappOS Airdrop Worth $500,000 For First 60,000 People [Join Here](https://app.binance.com/uni-qr/cart/13125526472602?r=70085490&l=en-IN&uco=x0jga5Gk3Mk15A8jQYMK7w&uc=app_square_share_link&us=copylink) 🔼 Data Credit - Revelo Intel 🅃🄴🄲🄷🄰🄽🄳🅃🄸🄿🅂123 #BTC #Binance #TronNetwork
🔅𝗪𝗵𝗮𝘁 𝗗𝗶𝗱 𝗬𝗼𝘂 𝗠𝗶𝘀𝘀𝗲𝗱 𝗶𝗻 𝗖𝗿𝘆𝗽𝘁𝗼 𝗶𝗻 𝗹𝗮𝘀𝘁 24𝗛?🔅

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- Zest Protocol Launches Bitcoin Liquid Staking: The protocol introduces BTCz, a BTC equivalent earning yield through the Babylon staking system.

- Core Blockchain Introduces LstBTC: The new ERC-20 liquid staking token aims to solve the dilemma between earning rewards and maintaining liquidity for Bitcoin holders.

- Mercuryo Launches Crypto Debit Card: The Mastercard-enabled card allows users to spend their crypto holdings at over 90 million merchants.

- Pressman Film to Use Avalanche for Film Funding: The studio behind "Wall Street" and "American Psycho" will use the Avalanche blockchain to launch a tokenized public fund for film investments.

- Pump.fun Regains Lead Over Tron's SunPump: The Solana-based meme coin factory retakes statistical lead in daily created coins. $TRX

- Infinite Reality Partners with Google Cloud: The 3D and VR startup aims to leverage Google's computing and AI power for creating immersive environments.

- Catizen Sets Token Launch Date: The Telegram-based puzzle game announces its CATI token will launch on September 20.

- Binance Web3 Wallet X DappOS Airdrop Worth $500,000 For First 60,000 People Join Here

🔼 Data Credit - Revelo Intel

🅃🄴🄲🄷🄰🄽🄳🅃🄸🄿🅂123
#BTC #Binance #TronNetwork
$TRX Consolidating $TRX is currently displaying mixed signals across different timeframes. In the short-term, TRX is trading around $0.1502 with the SMA_10 and EMA_20 almost converging. The RSI sits at 47.65, indicating a neutral stance. The Stochastic Oscillator shows a potential upward movement. However, the MACD is flat at -0.0000, suggesting a lack of momentum. Traders may consider a cautious approach, looking for a breakout above the Bollinger Bands' midline at $0.1504 for a bullish entry, with support at the lower band at $0.1500 and a stop-loss at $0.1499. On the hourly chart, $TRX is trading at $0.1502, with the RSI at 49.49, indicating a slightly bullish sentiment. The MACD is hovering around 0.0000, with the signal line crossing above, suggesting a possible reversal. Traders might look for an entry above the upper Bollinger Band at $0.1510, targeting resistance at $0.1513, with support at $0.1491 and a stop-loss at $0.1489. On the daily timeframe, TRX has a bullish bias, trading at $0.1502. The RSI is at 51.8926, indicating a slightly positive momentum. The MACD line is above the signal line, with a positive value of 0.0041, supporting the bullish outlook. Traders could consider entering long positions above the resistance level at $0.1513, targeting $0.1542, with support at $0.1491 and a stop-loss at $0.1480. #TRX #TronNetwork #TRON **Note: All timeframes and indicator readings are as per the time of this post. Traders are advised to exercise due diligence before taking positions
$TRX Consolidating

$TRX is currently displaying mixed signals across different timeframes.

In the short-term, TRX is trading around $0.1502 with the SMA_10 and EMA_20 almost converging. The RSI sits at 47.65, indicating a neutral stance. The Stochastic Oscillator shows a potential upward movement. However, the MACD is flat at -0.0000, suggesting a lack of momentum.
Traders may consider a cautious approach, looking for a breakout above the Bollinger Bands' midline at $0.1504 for a bullish entry, with support at the lower band at $0.1500 and a stop-loss at $0.1499.

On the hourly chart, $TRX is trading at $0.1502, with the RSI at 49.49, indicating a slightly bullish sentiment. The MACD is hovering around 0.0000, with the signal line crossing above, suggesting a possible reversal. Traders might look for an entry above the upper Bollinger Band at $0.1510, targeting resistance at $0.1513, with support at $0.1491 and a stop-loss at $0.1489.

On the daily timeframe, TRX has a bullish bias, trading at $0.1502. The RSI is at 51.8926, indicating a slightly positive momentum. The MACD line is above the signal line, with a positive value of 0.0041, supporting the bullish outlook.
Traders could consider entering long positions above the resistance level at $0.1513, targeting $0.1542, with support at $0.1491 and a stop-loss at $0.1480.

#TRX #TronNetwork #TRON
**Note: All timeframes and indicator readings are as per the time of this post. Traders are advised to exercise due diligence before taking positions
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🔺️Trader en TRON ganó mas de $7 millones con $295, estas son sus principales estrategias de inversión Un inversor de TRON ganó más de $7 millones con una inversión previa de $295 en monedas meme. El inversor utilizó estrategias de inversión para hacer las mejores transacciones. Con millones de criptomonedas en existencia, cada trader utiliza sus propias estrategias de inversión para sacar el máximo partido a estos activos. Además, las condiciones del mercado y los sentimientos de los usuarios pueden diferir en las ganancias, lo que crea la necesidad de personalizaciones y modificaciones para seguir siendo rentable en todos los mercados. Y este trader de TRON ha abordado las mejores, ganando 7,4 millones de dólares con una simple inversión de 295 dólares. Más importante aún, obtuvo 279 veces más ganancias solo en PEPE con las inversiones en el momento adecuado.PEPE estuvo en el centro de atención a principios de 2024 y ofreció múltiples nuevos máximos constantes en mayo, lo que generó ganancias significativas para sus tenedores, incluido este inversor. Un Inversor de TRON ganó millones con monedas memeTracer, un popular desarrollador web y entusiasta de las criptomonedas, presentó a Alex a sus seguidores en X en una publicación reciente. Alex es un exitoso trader de TRON que ha obtenido millones en ganancias con criptomonedas temáticas recién lanzadas. Tras la popularidad de las monedas meme de Solana, las de TRON (TRX) se han convertido en la nueva tendencia en el mercado de criptomonedas. Y este trader de criptomonedas supo aprovechar la situación a la perfección.El primer conjunto de sus éxitos comenzó con SUNDOG, ya que el comerciante compró 6,29 millones de tokens con una inversión de $11,187. Era consciente de la volatilidad del mercado y vendió una pequeña parte de los tokens pronto, ganando $190,230 con la inversión inicial. Recuerda hacer DYOR siempre! #TronNetwork #TopCoinsSeptember #TRX $TRX $PEPE #Write2Earn {spot}(PEPEUSDT) {spot}(TRXUSDT)
🔺️Trader en TRON ganó mas de $7 millones con $295, estas son sus principales estrategias de inversión

Un inversor de TRON ganó más de $7 millones con una inversión previa de $295 en monedas meme. El inversor utilizó estrategias de inversión para hacer las mejores transacciones.
Con millones de criptomonedas en existencia, cada trader utiliza sus propias estrategias de inversión para sacar el máximo partido a estos activos.

Además, las condiciones del mercado y los sentimientos de los usuarios pueden diferir en las ganancias, lo que crea la necesidad de personalizaciones y modificaciones para seguir siendo rentable en todos los mercados. Y este trader de TRON ha abordado las mejores, ganando 7,4 millones de dólares con una simple inversión de 295 dólares.

Más importante aún, obtuvo 279 veces más ganancias solo en PEPE con las inversiones en el momento adecuado.PEPE estuvo en el centro de atención a principios de 2024 y ofreció múltiples nuevos máximos constantes en mayo, lo que generó ganancias significativas para sus tenedores, incluido este inversor.

Un Inversor de TRON ganó millones con monedas memeTracer, un popular desarrollador web y entusiasta de las criptomonedas, presentó a Alex a sus seguidores en X en una publicación reciente. Alex es un exitoso trader de TRON que ha obtenido millones en ganancias con criptomonedas temáticas recién lanzadas. Tras la popularidad de las monedas meme de Solana, las de TRON (TRX) se han convertido en la nueva tendencia en el mercado de criptomonedas.

Y este trader de criptomonedas supo aprovechar la situación a la perfección.El primer conjunto de sus éxitos comenzó con SUNDOG, ya que el comerciante compró 6,29 millones de tokens con una inversión de $11,187. Era consciente de la volatilidad del mercado y vendió una pequeña parte de los tokens pronto, ganando $190,230 con la inversión inicial.

Recuerda hacer DYOR siempre!

#TronNetwork #TopCoinsSeptember #TRX
$TRX $PEPE #Write2Earn
#TRX 💰 (Weekly) #TRON is Retracing 📈 the ascending triangle in the weekly timeframe after the Breakout. TRON is doing nothing just confirming the Breakout✅, if we get a couple of weekly closes above the strong supply area🕯. Then the supply area can get flipped & converted into the demand 📈 area. Then $TRON is good to go for the massive leg up🚀. #TronNetwork #bitcoin #BTC $TRX {spot}(TRXUSDT)
#TRX 💰 (Weekly)

#TRON is Retracing 📈 the ascending triangle in the weekly timeframe after the Breakout.

TRON is doing nothing just confirming the Breakout✅, if we get a couple of weekly closes above the strong supply area🕯.

Then the supply area can get flipped & converted into the demand 📈 area. Then $TRON is good to go for the massive leg up🚀.
#TronNetwork #bitcoin #BTC $TRX
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$TRX 💰 (Weekly)

$TRON is Retracing 📈 this Humongous ascending triangle after the breakout, formed in the weekly timeframe.

Expect massive pump 📈 if we get a successful Retracement & a weekly close above this ascending triangle✅.
$BTC #TRX #TronNetwork #bitcoin #BTC #ETH
🚨Ledger Live wallets just dropped a bombshell. 🖥 You can now swap USDT on the Tron network to ANY available TRC20 token directly within Ledger Live! 💥 This game changing update opens up a whole new world of possibilities for Tron users. #TronNetwork #USDTSwap #TRC20 #cryptoinnovation
🚨Ledger Live wallets just dropped a bombshell. 🖥

You can now swap USDT on the Tron network to ANY available TRC20 token directly within Ledger Live! 💥

This game changing update opens up a whole new world of possibilities for Tron users.

#TronNetwork #USDTSwap #TRC20 #cryptoinnovation
🚀 TRON's Bright Horizon: TRX Price Predictions Point to a Bullish Future 💹 Greetings, crypto enthusiasts! The Blockopedia here with an exciting update on TRON (TRX). With its impressive year-to-date growth and positive market predictions, TRX is showing signs of a major surge. Let's dive into what the future holds for this rising altcoin. 📈 TRON’s Steady Uptrend: A Sign of Things to Come TRON, with its focus on digital entertainment and peer-to-peer networks, has been one of the few altcoins to maintain an uptrend in 2023. Currently ranking as the 10th biggest coin by market capitalization, TRX has reclaimed the $0.10 mark and is showing no signs of slowing down. 🌐 🌟 TRX Price Prediction: A Bullish Outlook According to market analysts, TRX could reach as high as $0.14 by the end of 2023. Looking further ahead, predictions suggest a potential surge to $0.7259 by the end of 2030, marking a significant leap for the coin. 📊 🔄 Current Market Dynamics: Retest and Reversal TRX's current price action is in a retest phase, which could be a new entry point for investors. With a bullish trend in motion, the coin is well-positioned to sustain above $0.10. Optimistically, this could lead to reaching the $0.15 mark upon successful post-retest reversal. 📉 🚀 Long-Term Prospects: TRX’s Growing Ecosystem TRON's ecosystem is thriving, with its Total Value Locked (TVL) approaching an all-time high. Key developments like Justin Sun's Ethereum stake reduction and Tether's focus on TRON’s transaction capabilities are adding to TRX’s bullish sentiment. 🌍 💡 What’s Next for TRX? As TRX navigates the volatile crypto market, its sustained growth and bullish predictions paint a hopeful picture. With increasing utility and a growing ecosystem, TRX stands out as a potential high-performing asset in the coming years. 🚀 👀 Stay tuned for more crypto market insights and updates. Follow The Blockopedia for the latest in the world of cryptocurrencies! 💼🔥 #TronNetwork #TRX+0.23% #crypto #cryptocurrency #crypto2023
🚀 TRON's Bright Horizon: TRX Price Predictions Point to a Bullish Future 💹

Greetings, crypto enthusiasts! The Blockopedia here with an exciting update on TRON (TRX). With its impressive year-to-date growth and positive market predictions, TRX is showing signs of a major surge. Let's dive into what the future holds for this rising altcoin.

📈 TRON’s Steady Uptrend: A Sign of Things to Come

TRON, with its focus on digital entertainment and peer-to-peer networks, has been one of the few altcoins to maintain an uptrend in 2023. Currently ranking as the 10th biggest coin by market capitalization, TRX has reclaimed the $0.10 mark and is showing no signs of slowing down. 🌐

🌟 TRX Price Prediction: A Bullish Outlook

According to market analysts, TRX could reach as high as $0.14 by the end of 2023. Looking further ahead, predictions suggest a potential surge to $0.7259 by the end of 2030, marking a significant leap for the coin. 📊

🔄 Current Market Dynamics: Retest and Reversal

TRX's current price action is in a retest phase, which could be a new entry point for investors. With a bullish trend in motion, the coin is well-positioned to sustain above $0.10. Optimistically, this could lead to reaching the $0.15 mark upon successful post-retest reversal. 📉

🚀 Long-Term Prospects: TRX’s Growing Ecosystem

TRON's ecosystem is thriving, with its Total Value Locked (TVL) approaching an all-time high. Key developments like Justin Sun's Ethereum stake reduction and Tether's focus on TRON’s transaction capabilities are adding to TRX’s bullish sentiment. 🌍

💡 What’s Next for TRX?

As TRX navigates the volatile crypto market, its sustained growth and bullish predictions paint a hopeful picture. With increasing utility and a growing ecosystem, TRX stands out as a potential high-performing asset in the coming years. 🚀

👀 Stay tuned for more crypto market insights and updates. Follow The Blockopedia for the latest in the world of cryptocurrencies! 💼🔥

#TronNetwork #TRX+0.23% #crypto #cryptocurrency #crypto2023
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"TRON Network's 200 Million Milestone: Binance Square Redefines Airdrop Celebrations"

In a momentous stride, the TRON Network has notched up 200 million registered accounts, prompting a celebratory airdrop event spearheaded by TRON's Founder, Justin Sun. What makes this event unique is the utilization of Binance Square's innovative Red Packet feature, promising participants a novel and engaging experience.

Justin Sun took to Twitter to unveil the exclusive airdrop, stating, "In recognition of #TRONNetwork hitting 200 MILLION accounts, I'm orchestrating an exclusive airdrop using Binance Square's Red Packet feature."

Binance Square's Red Packet feature is set to transform the airdrop landscape, providing a seamless and interactive way for participants to receive digital assets. This collaboration not only underscores the significance of TRON's milestone but also highlights the efficiency and credibility of Binance Square in managing large-scale crypto events.

As the crypto community eagerly anticipates the exclusive airdrop, the TRON-Binance Square partnership sets a precedent for future collaborations in the ever-evolving cryptocurrency space. This celebration not only marks a numerical achievement but also signifies a shift towards more engaging and user-friendly experiences within the decentralized digital realm.

follow @Justin Sun孙宇晨
follow @Mbeyaconscious

#BinanceTournament #JTO #JustinSun
#TronNetwork Congratulations!!!! Hoping for lots of good things to happen
#TronNetwork

Congratulations!!!!
Hoping for lots of good things to happen
Cryptocurrency Price Analysis (11/24): BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX As the cryptocurrency market continues its rollercoaster ride, investors and enthusiasts are closely monitoring the price movements of key digital assets. On November 24, various cryptocurrencies displayed diverse trends, each charting its unique path amidst the volatile landscape. Here’s a comprehensive analysis of the price action for some of the top cryptocurrencies: Bitcoin (BTC): BTC maintained a steady trajectory, hovering around crucial support levels. Despite intermittent fluctuations, the flagship cryptocurrency remained resilient, showing signs of consolidation above key support levels. Analysts are eyeing potential breakout points, with resistance levels playing a pivotal role in determining the next significant move. Ethereum (ETH): ETH exhibited a mixed pattern, oscillating within a defined range. The second-largest cryptocurrency faced resistance but managed to hold above important support zones. Traders are observing ETH’s behavior around these levels, anticipating a potential breakout in the near term. Binance Coin (BNB): BNB showcased a slightly bullish sentiment, displaying intermittent surges amidst minor pullbacks. The cryptocurrency demonstrated resilience by holding above critical support levels, indicating potential upward momentum if it breaks through resistance barriers. Ripple (XRP): XRP experienced a relatively stable period, consolidating within a narrow range. The cryptocurrency struggled to break significant resistance levels but maintained a firm position above key supports. Traders are monitoring XRP for any signs of a breakout in either direction. Solana (SOL): SOL emerged as a standout performer, exhibiting robust upward momentum. The cryptocurrency showcased bullish tendencies, surging past resistance levels and garnering attention for its strong price action. Analysts are closely watching SOL’s movement for potential continuation or a pullback. #binannce #BinanceSquareAnalysis #BTC #TronNetwork #EthereumWhales
Cryptocurrency Price Analysis (11/24): BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX

As the cryptocurrency market continues its rollercoaster ride, investors and enthusiasts are closely monitoring the price movements of key digital assets. On November 24, various cryptocurrencies displayed diverse trends, each charting its unique path amidst the volatile landscape. Here’s a comprehensive analysis of the price action for some of the top cryptocurrencies:
Bitcoin (BTC): BTC maintained a steady trajectory, hovering around crucial support levels. Despite intermittent fluctuations, the flagship cryptocurrency remained resilient, showing signs of consolidation above key support levels. Analysts are eyeing potential breakout points, with resistance levels playing a pivotal role in determining the next significant move.
Ethereum (ETH): ETH exhibited a mixed pattern, oscillating within a defined range. The second-largest cryptocurrency faced resistance but managed to hold above important support zones. Traders are observing ETH’s behavior around these levels, anticipating a potential breakout in the near term.
Binance Coin (BNB): BNB showcased a slightly bullish sentiment, displaying intermittent surges amidst minor pullbacks. The cryptocurrency demonstrated resilience by holding above critical support levels, indicating potential upward momentum if it breaks through resistance barriers.
Ripple (XRP): XRP experienced a relatively stable period, consolidating within a narrow range. The cryptocurrency struggled to break significant resistance levels but maintained a firm position above key supports. Traders are monitoring XRP for any signs of a breakout in either direction.
Solana (SOL): SOL emerged as a standout performer, exhibiting robust upward momentum. The cryptocurrency showcased bullish tendencies, surging past resistance levels and garnering attention for its strong price action. Analysts are closely watching SOL’s movement for potential continuation or a pullback.
#binannce #BinanceSquareAnalysis #BTC #TronNetwork #EthereumWhales
Since its inception, #TronNetwork 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! #HotTrends #GALA #pixel #BTC
Since its inception, #TronNetwork 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!
#HotTrends #GALA #pixel #BTC
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Complimentary Reward Up to 10 USDT 😍🔥

CLAIM REWARD HERE 😉

#TrendingTopic #EOS #Aevo #pepe #ARB
#write2earn #TronNetwork EMERGES AS LEADING #BLOCKCHAIN FOR $USDT #transfers AMID CRYPTO #surge $TRX Tron, the blockchain notorious for its controversies, has found its footing as the preferred network for USDT transactions. In the midst of a fervent crypto market, Tron, whose native TRX token ranks 12th in the digital asset realm, is witnessing record-breaking daily protocol revenues, hovering around $2 million. Justin Sun, the enigmatic founder of Tron, proudly announced this significant achievement on X. Tron distinguishes itself in the crypto landscape by serving as the primary platform for stablecoin transfers. While this underscores its practical utility, Tron faces skepticism and lacks widespread support within the digital asset community. For instance, Circle, the issuer of USDC, the second-largest stablecoin, recently announced its decision to cease support for the Tron blockchain. Even Ethereum co-founder Vitalik Buterin has voiced criticisms against Tron in the past. Despite these challenges, Tron boasts the highest number of active users among blockchains, according to data from Coin98. Like many digital assets, TRX has experienced a surge in 2024, witnessing a 30% increase in value this year, with the token currently priced at $0.14.
#write2earn #TronNetwork EMERGES AS LEADING #BLOCKCHAIN FOR $USDT #transfers AMID CRYPTO #surge
$TRX

Tron, the blockchain notorious for its controversies, has found its footing as the preferred network for USDT transactions.
In the midst of a fervent crypto market, Tron, whose native TRX token ranks 12th in the digital asset realm, is witnessing record-breaking daily protocol revenues, hovering around $2 million.
Justin Sun, the enigmatic founder of Tron, proudly announced this significant achievement on X.
Tron distinguishes itself in the crypto landscape by serving as the primary platform for stablecoin transfers. While this underscores its practical utility, Tron faces skepticism and lacks widespread support within the digital asset community. For instance, Circle, the issuer of USDC, the second-largest stablecoin, recently announced its decision to cease support for the Tron blockchain.
Even Ethereum co-founder Vitalik Buterin has voiced criticisms against Tron in the past.
Despite these challenges, Tron boasts the highest number of active users among blockchains, according to data from Coin98.
Like many digital assets, TRX has experienced a surge in 2024, witnessing a 30% increase in value this year, with the token currently priced at $0.14.
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Em Alta
🔥🔥🔥 #Tether Prints 39.8 Billion #USDT in a Month, Raising Eyebrows 🔥🔥🔥 Tether, the issuer of the world's largest stablecoin, has minted a staggering 39.8 billion USDT tokens in the past month, sparking concerns and raising questions about the company's transparency and the potential impact on the market. Key Points: - Massive Mint: 39.8 billion USDT issued across Ethereum and #TronNetwork in just one month. - Concerns Raised: This unprecedented issuance has raised concerns about Tether's backing and potential market manipulation. - Transparency Issues: Tether's lack of transparency regarding its reserves and the purpose of the minting adds fuel to the fire. - Market Impact: The large influx of USDT could potentially inflate cryptocurrency prices and increase volatility. Reasons for the Minting: While Tether has not explicitly stated the reason behind this massive minting, possible explanations include: - Market Demand: Increased demand for USDT could be driving the issuance to meet user needs and facilitate trading activity. - Exchange Liquidity: Tether might be replenishing reserves on various exchanges to ensure smooth trading and liquidity. - Chain Swaps: The company could be preparing for large-scale chain swaps between different blockchain networks. Need for Clarity: Despite possible reasons, the lack of clear communication from Tether fuels speculation and skepticism. To address concerns and maintain market stability, Tether needs to: - Provide detailed explanation for the minting: Clearly explain the rationale behind the massive USDT issuance and its intended purpose. - Increase transparency: Offer more insights into its reserve holdings and the process of minting new tokens. - Engage with the community: Address concerns and questions raised by the community in a transparent and timely manner. The impact of this massive minting remains to be seen. While it could be attributed to legitimate market demands, the lack of transparency from Tether raises red flags and demands further scrutiny #CryptoNews🔒📰🚫 #BinanceSquare $ETH $TRX
🔥🔥🔥 #Tether Prints 39.8 Billion #USDT in a Month, Raising Eyebrows 🔥🔥🔥

Tether, the issuer of the world's largest stablecoin, has minted a staggering 39.8 billion USDT tokens in the past month, sparking concerns and raising questions about the company's transparency and the potential impact on the market.

Key Points:

- Massive Mint: 39.8 billion USDT issued across Ethereum and #TronNetwork in just one month.

- Concerns Raised: This unprecedented issuance has raised concerns about Tether's backing and potential market manipulation.

- Transparency Issues: Tether's lack of transparency regarding its reserves and the purpose of the minting adds fuel to the fire.

- Market Impact: The large influx of USDT could potentially inflate cryptocurrency prices and increase volatility.

Reasons for the Minting:

While Tether has not explicitly stated the reason behind this massive minting, possible explanations include:

- Market Demand: Increased demand for USDT could be driving the issuance to meet user needs and facilitate trading activity.

- Exchange Liquidity: Tether might be replenishing reserves on various exchanges to ensure smooth trading and liquidity.

- Chain Swaps: The company could be preparing for large-scale chain swaps between different blockchain networks.

Need for Clarity:

Despite possible reasons, the lack of clear communication from Tether fuels speculation and skepticism. To address concerns and maintain market stability, Tether needs to:

- Provide detailed explanation for the minting: Clearly explain the rationale behind the massive USDT issuance and its intended purpose.

- Increase transparency: Offer more insights into its reserve holdings and the process of minting new tokens.

- Engage with the community: Address concerns and questions raised by the community in a transparent and timely manner.

The impact of this massive minting remains to be seen. While it could be attributed to legitimate market demands, the lack of transparency from Tether raises red flags and demands further scrutiny

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