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Massive Short Interest Pushes Funding Rate of Tron’s TRX to Negative 500% Annually
13.6.2022
The price to short the Tron blockchain’s native token TRX reached as high as 500% annually on crypto exchange Binance today, as traders rush to place bets that the token will fall further....
Read More: Massive Short Interest Pushes Funding Rate of Tron’s TRX to Negative 500% Annually
Biggest Movers: TRX Moves Towards 7-Month High as KSM Extends Recent Gains
1.6.2022
TRON neared a seven-month high on Wednesday, as prices climbed for a third consecutive session. This came while KSM also rallied earlier today, gaining by double digits on hump-day. TRON (TRX) TRX moved towards a seven-month high during today’s session, as prices climbed by almost 15%...
Tron Now Commands the Third-Largest TVL in Defi — Network’s Stablecoin USDD Confronted by Skepticism
30.5.2022
This week the Tron blockchain has become the third-largest network in terms of total value locked (TVL) in decentralized finance (defi) protocols. Interestingly, 48.19% of the TVL is held by the defi protocol Justlend, an application that’s similar to Anchor Protocol as it offers more than...
Biggest Movers: Tron Moves to 1-Week High, as Thorchain’s RUNE Nears Lowest Level Since January 2021
19.5.2022
Tron rallied during today’s session, as it headed towards a one-week high, following recent declines. This came as Thorchain’s RUNE continued to trade lower, with today’s drop pushing prices closer to their lowest point since January 2021. Tron (TRX) Tron (TRX) surged towards...
Tron (TRX) Rises Despite Bearish Sentiments in the Crypto Market!
9.5.2022
Tron is a blockchain-based decentralized application platform that was founded by a non-profit foundation. The project was started to decentralize the entertainment industry, but now it has expanded to other industries and aims to cover the entire dApps market. It allows digital content creators...
Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 Days
8.5.2022
The value locked in decentralized finance (defi) protocols has lost 17.77% over the last 30 days, falling from $221.67 billion to today’s $182.27 billion. Moreover, statistics show the total value locked (TVL) across a broad range of defi protocols shed significant value during the last...
Tron DAO Reserve Purchases $38 Million in TRX to Safeguard the Stablecoin USDD
8.5.2022
On May 5, Tron’s algorithmic stablecoin USDD went live and so far, the fiat-pegged token has been listed on a number of decentralized finance (defi) protocols. Two days later, the Tron DAO Reserve announced it purchased 504.6 million tron (TRX) to back the algorithmic stablecoin, as...
Biggest Movers: Tron Climbs to 5-Month High, With WAVES up 15%
4.5.2022
Tron (TRX) rallied to a five-month high earlier in today’s session, as bulls continued to feed off recent news of the USDD stablecoin. While TRX climbed to multi-month highs, WAVES moved away from a two-month low today, as prices surged by as much as 15%. Tron (TRX) May the 4th...
Biggest Movers: NEXO up Nearly 50% After Binance Listing, While TRON Climbs to 1-Week High
29.4.2022
NEXO was up by nearly 50% on Friday, as markets reacted to the news that Binance was listing the token on its platform. Today’s surge sent NEXO to a multi-week high, while TRON also moved higher, hitting a one week peak. NEXO Two weeks after announcing a partnership with Mastercard to launch...
Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD
21.4.2022
On April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network will “provide custody service for the $10 [billion] worth of highly liquid assets raised from blockchain industry initiators...
Biggest Movers: XMR Climbs to 6-Month High, TRX up 17% Following News of USDD Stablecoin
21.4.2022
TRX was up by over 17% on Thursday, as founder H.E. Justin Sun announced that a new stablecoin, USDD, was going to be launched on the TRON blockchain. XMR was another big mover today, climbing to its highest point since November. TRON (TRX) TRX surged today, as founder H.E. Justin Sun of TRON...
Ukraine Now Takes Polkadot, Says It Will Accept Other Coins Soon
1.3.2022
Having already raised millions of dollars in major cryptocurrencies like bitcoin, Ukraine is now receiving donations in polkadot as well. The country intends to expand the list of accepted coins as it increasingly relies on help from the crypto community to fund its defense against Russia. Ukraine...
Tron Price Analysis: TRX Long-Term Technicals Deterioration!
22.12.2021
Tron is a global file-sharing platform that allows developers to build decentralized applications. It was founded in 2017 by Justin Sun, a tech entrepreneur. The centralized world is prone to misinformation and data manipulation, and it uses personal data for revenue generation. Have you ever...
Why Everyone Should Be Paying Attention to GensoKishi Online Metaworld
22.12.2021
Most crypto-oriented gaming projects usually run on the likes of Ethereum (ETH), Solana (SOL), EOS (EOS) and Tron (TRX). Despite Ethereum’s (ETH) dominance however, a growing number of game developers are now launching on Polygon (MATIC). GensoKishi Online Metaworld is a part of this list...
Tron (TRX) Consolidation Indicates Decreased Volumetric Action!
13.10.2021
TRON currently holds the 28th position in terms of market cap with a combined value of $6.76 billion and above 71 billion coins in circulating supply. Unlike other cryptocurrencies, TRON is focused on the content sharing and entertainment industry and intends to rule the content creation domain...
TRON Bounces Back from Its Swing Support Levels!
30.9.2021
TRON has hit a new two-day high and seems to have taken support from $0.082 levels. While the volumes so far haven’t been substantial, the continuation of this sentence is inevitably required for pushing the TRX prices to new highs. The trading range has been suppressed in a tight zone, which...
TRON (TRX) Juggles Between Buyers and Sellers
21.9.2021
TRON has positioned itself as one of the fastest transactions offering cryptocurrency, with the current levels providing as high as 2000 transactions per second. In addition, it broke the internet with the news of acquiring the file-sharing platform BitTorrent in 2018. Since that announcement, TRON...
TRON Negates the Fall in Valuation with Strong Buying!
9.9.2021
TRON has climbed huge mountains after its release in 2017 and has posted over 17650% of gains from its launch value in 2017 to September 2021. The value of TRX has undergone a huge change from $0.0022 levels to the current value of $0.9265 levels. TRON currently ranks amongst the top...
TRON Up by More Than 10%!
24.6.2021
With the intraday rise of over 10% in a day after drastically breaking all its important support levels, TRX is trying to break the resistance formed at the 200 DMA. The weakness in the overall crypto market backed by the consistent banning of crypto-related activities by China was instrumental...
Tether (USDT) on TRON Blockchain Exceeds Ethereum
16.4.2021
With the blockchain community surging worldwide, it’s about time it became a part of the mainstream market. The statement is proved well and true by USDT that managed to surpass Ethereum recently. Founded in 2017 by Justin Sun, TRON blockchain is now known as one of the biggest blockchain-based...