Tron Hits Record 117 Million Users, But TRX Price Increase Is Mediocre
Tron (TRX) managed to pull a Bitcoin-like feat almost two weeks ago when it became a legal tender for the Commonwealth of Dominica. The 16th largest cryptocurrency in terms of market capitalization successfully replicated Bitcoin’s feat when it became a legally accepted tender within the territories of El Salvador. Related Reading: Litecoin Registers Over $1 Million In Whale Transactions For 2022 – Good News For LTC? TRX price slightly corrects after surging following announcement of becoming legal tender in the Commonwealth of Dominica Coin currently trades at $0.0616 Tron....
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Cardano is sinking deeper into support after a rejection at $0.50 and $0.40 with no indication of a rebound. The cryptocurrency has been one of the worst performers in this crypto bear market, but the bulls might still have some hope. Related Reading: Tron Hits Record 117 Million Users, But TRX Price Increase Is Mediocre At the time of writing, Cardano (ADA) trades at $0.37 with a 2% profit in the last 24 hours and a 2% loss in the previous seven days. Over the past month, ADA’s price records a massive 20% loss wiping out any bullish sentiment for investors. Onboarding Millions Of New....
Decentraland (MANA) managed to tally a 3.4% increase over the last 24 hours as the crypto space is looking at a possible bullish recovery. In doing so, the crypto managed to trim its losses on its biweekly and monthly charts to 2.7% and 9.4%, respectively. Decentraland rallies over the last 24 hours to trade at $0.633 MANA at the mercy of selling pressure that might soon put it to another downward trend Decentraland might soon test the $0.544 and $0.584 range This, however, might not be enough to revise the bearish thesis that threatens Decentraland should it fail to strongly and....
KLAY’s price shows strength as the price holds strong above the key support zone to avoid price retesting lower point on the daily chart. KLAY rejected to trend higher above $0.3 as the price faced a sharp rejection to a region of key Support of $0.2. The price of KLAY continues to hold strong above the 50 Exponential Moving Average (EMA) as the price aims to rally toward $0.4. Klaytn (KLAY) has maintained its strong price trend as it approaches the $0.3 region, where it was previously rejected. With few exceptions, the crypto market has seen little volatility in recent weeks, with....
Since its all-time high on August 22, EOS has been steadily declining. The crypto market had crashed from March to June, but has since recovered. The market crisis has a lingering impact on modern investing. Coingecko reports that the token’s value has increased by 0.2% in the last 24 hours. Even on shorter time intervals, like the week or the biweek, the currency rose in value. Nonetheless, these changes have done little to slow the downward trend. Investors and traders in EOS, though, may have reason to be optimistic. Related Reading: Tron Hits Record 117 Million Users, But TRX....
The aim behind stablecoins development was to provide stability over the highly volatile nature of crypto assets. This means that stablecoins hedge your funds against the impact of macroeconomic factors like inflation. Currently, stablecoins represent about 15% of the total crypto market cap of over $933 billion. Several prominent firms have created their stablecoins. Usually, the coins are pegged on a ratio of 1:1 to major global fiat currencies like USD, EUR, or GBP. Related Reading: Tron Hits Record 117 Million Users, But TRX Price Increase Is Mediocre The Binance USD (BUSD) is a....