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Justin Sun Openly Challenges His Competitors: We Will Be One of the Top 3 Coins! Tron founder Justin Sun believes his protocol has strong upside potential against its competitors in the crypto ecosystem. Sun predicted that TRX will soon be among the top three cryptocurrencies by market cap. Currently, Bitcoin ($BTC ), Ethereum ($ETH ), and Binance Coin ($BNB ) are at the top of the list. Sun stated that Tron is developing rapidly and has reached a level where it can compete with current market leaders. In the interview, he said that while this goal was more of an âambitionâ seven years ago, today this forecast is based on data. According to Sun, a large number of people are currently using Tron and if this demand continues, TRX could be among the top three cryptocurrencies by 2025 at the latest. Tron is currently the second largest stablecoin network and has a USDT stablecoin reserve of $59.8 billion. This success brings Tron's total locked value (TVL) in the decentralized finance (DeFi) space to $8.04 billion. In addition to its growth in the stablecoin and payment areas, the Tron ecosystem also draws attention with its memecoin revolution. After the launch of Sun Pump, Tron has become a popular destination for memecoin developers and investors looking for quick profits. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto
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Surprising report on RWA: Turkey in third place! A surprising report came from CoinGecko about RWA, one of the new trends in the crypto sector. The RWA trend, which started in late 2023 and continued in 2024, came to the fore again with CoinGecko's latest report. The report, which shows the tendency of countries to cryptocurrencies in this area, gave hope for the future for Real World Assets. Another striking detail in the report is Turkey, which ranked third. Turkey, which ranked third in terms of interest in RWA, seems to be challenging for the top. Real World Assets, which addresses the concept of tokenization, shone in the crypto sector with the activities of investment giant Blackrock. Blackrock's creation of funds in this area, in particular, excited crypto investors. Sharp increases were observed in RWA-based cryptocurrencies in February and March 2024. For example, altcoins such as ONDO, RIO, GFI, MAPLE and PENDLE increased by more than 300 percent in just a few days. Later, the fall of $BTC BTC and the negative news that followed shook the altcoin market. Naturally, RWA projects were negatively affected by this shock. When we look at today, many RWA coins are moving sideways due to the inefficiency of the market. A large part of crypto investors think that the RWA category is hopeful and will mark the upcoming bull. The country that showed the most interest in RWA-based cryptocurrencies was the USA with 14.82 percent. Indonesia followed the USA with 10.09 percent. Turkey came in third with 8.04 percent. Turkey, which follows the RWA field very closely, continues to come to the agenda with new projects in this field. In Turkey, not only crypto investors but also many companies, especially banks, have begun to understand the importance of this field. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto
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đ€BlackRock and Microsoft will launch a $30 billion artificial intelligence investment fund. -FT #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto
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Crypto analyst reveals 5 altcoins he is following this week! 1- (FTM) Deutscher highlights Fantom ($FTM ) as an altcoin to watch and thinks it has even greater upside potential. The popular altcoin gained 20 percent last week, outperforming both Bitcoin and Ethereum. This rise comes due to upcoming developments, including the highly anticipated Sonic. FTM currently has a market cap of $1.59 billion. Its 24-hour trading volume is $265 million. 2- Mantra ($OM ) Mantra (OM) continues to remain on Deutscher's radar, gaining 27 percent after its strong performance last week. Known for its DeFi features, Mantra has shown steady growth and continues to show promise, especially in light of macroeconomic factors such as the upcoming interest rate cut. OM has a market cap of $886 million as of the writing of the news. The 24-hour trading volume is $10.24 million. 3- Sundog (SUNDOG) Sundog increased by 30 percent last week and continues its positive momentum. According to Deutscher, Sundog outperformed other altcoins in its portfolio. According to the analyst, the real excitement could come if Sundog surpasses its all-time high (ATH). SUNDOG currently has a market value of $322 million. Its 24-hour trading volume is $100 million. 4- LayerZero (ZRO) Zero (ZRO) stands out as the best choice in Deutscher's interoperability systems. He mentions two important factors for ZRO's potential: token distribution and the fact that no tokens will be unlocked until July 2025. These factors are quite important in price stability. ZRO currently has a market value of $447 million. The 24-hour trading volume is $121.05 million. 5- Foxy (FOXY) Although Foxy is rising more slowly than other cryptocurrencies, Deutscher believes the pair will hold firm during declines. FOXY, whose next resistance is 54 percent away from current prices, may rise as the Linea airdrop approaches. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto
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Analyst Solana (SOL) warned: âA 42 percent drop is possible!â Cryptocurrency analyst Alan Santana believes that the Solana (SOL) price could fall to $80. One of the frightening developments for Solana (SOL) is a âDeath Crossâ formation that may soon form. This formation, which signals a downward movement, means that the 50-day exponential moving average (EMA) will fall below the 200-day EMA. For traders and analysts, the Death Cross is a warning that a significant decline may occur. The popular altcoin SOL has attracted attention with its performance over the past year. However, the course of the market has naturally undermined Solana. SOL, which has never been able to overcome the $ 138 resistance, poses a danger in terms of both price and technical indicators. On the technical side, the Moving Average (MACD) indicator gives some hope. The MACD indicator, which shows the buy-sell ratio, reassures Solana investors for now. Although the general trend is downward, the MACD shows that the short-term downward momentum may weaken. According to the formation in question, SOL may rise if it protects $ 124 as support. If the major coin manages to maintain this level, it may stop the selling pressure and start a recovery trend. However, falling below $ 124 may trigger significant selling pressure. The $ 120 level has been a strong support point since March 2024. Breaking this support may push the parity to even steeper declines. Alan Santana, known for his cryptocurrency analysis, warned about Solana. Santana stated that Solana, which performed well in 2023, was inadequate in 2024. The analyst stated that the recent increases in trading volume were sales-oriented and shook the SOL price. Alan Santana said, âI think the price could drop by 42 percent and drop to $ 80.â #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto
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