#trx This coin has been very popular recently. Compared with other cryptocurrencies, such as Bitcoin, which has fallen sharply, it has soared by more than 10% in 24 hours. In this week, the price has risen by 22%. Now one TRX is worth $0.15, and the market value has exceeded $13.8 billion, directly rushing into the top ten cryptocurrencies.
Why is TRX so powerful? The key is that a memecoin project called SunPump has been launched. Because of this project, the Tron network has a lot of transactions all of a sudden. Everyone is excited and thinks that TRX is going to take off. Once this emotion comes up, more people will invest and want to get a piece of the pie.
But then again, the rise of TRX is not without risks. Now that everyone who bought TRX has made money, they may want to cash out and leave. In this way, if more people sell, the price may fall. Moreover, judging from some data, the price of TRX is a bit too high now, just like climbing to the top of a mountain, it is likely to go downhill next. However, there is also good news, that is, funds are still flowing in, indicating that some people are still optimistic about it.
What will happen to TRX next? I think, if this enthusiasm can continue, TRX may rise to $0.17. But if everyone starts to feel something is wrong and wants to run, the price may fall back to around $0.13.
And the new Sun Dog #sundog is really fierce, and it turns out that Brother Sun is really a dog.
Now meme has been played out again, and meme coin issuance platforms of various chains have come out. The big brothers pepe and wif are obviously sucked by the new meme and have entered the meme melee stage. History has proved that once any sector reaches a climax, it is not far from a mess. Brother Sun’s entry is the curse of the top! Do you still believe it this time?
In the past two days, the hot spots in the currency circle have undoubtedly focused on Brother Sun’s wave field Meme. It has to be said that Sun Ge is a legendary figure in the cryptocurrency circle. Every time a new track appears in the cryptocurrency circle, he can always quickly launch related currencies. His speed of seizing hot spots is amazing. Wherever there is a hot spot, there is his presence.
However, behind the seemingly lively scene, there are huge risks. Take the coins on this wave of Meme for example. The decline is so terrible that even parents can't recognize it.