TRON founder Justin Sun's $30 million investment in Trump-backed World Liberty Financial has revived the struggling DeFi project, pushing total token sales to $51 million and triggering a $15 million payout to Trump-affiliated entities.
Shiba Inu's ecosystem shows strong growth potential as lead developer Shytoshi Kusama acknowledges TRON's success model, while SHIB posts 48% monthly gains and Shibarium reaches new TVL highs.
Justin Sun, founder of the Tron blockchain, made headlines with a significant investment in Donald Trump's crypto project.
Shiba Inu lead developer Shytoshi Kusama lauded TRON's Justin Sun on Tuesday over the blockchain's recent milestone achievement. The lead developer primarily highlighted TRX's product-market fit (PMF) in stablecoin use cases, underscoring the network's pioneering stance as a decentralized, fast, and affordable solution.
Ethereum has reclaimed its position as the leading blockchain for Tether (USDT), surpassing Tron with a supply of $60.3 billion. The post Ethereum Surpasses Tron as Top Blockchain for Tether with $60.3 Billion USDT Supply appeared first on Cryptonews.
Tron approaches key resistance near pattern—will bulls sustain momentum, or is a pullback on the horizon?
The controversial crypto founder has labeled his efforts as geared towards driving innovation in the U.S.
Justin Sun, the founder of the TRON blockchain, has made a $30 million investment in World Liberty Financial (WLFI), a decentralized finance (DeFi) project backed by President-elect Donald Trump. The purchase was completed through a wallet linked to Sun's HTX exchange, formerly known as Huobi, and comes as WLFI struggled with slow initial token sales.
Justin Sun, the founder of Tron, has stirred excitement with a $30 million investment in World Liberty Financial (WLF), a cryptocurrency initiative spearheaded by U.S. President-elect Donald Trump and his family.
Ethereum's enduring appeal for USDT issuance is also tied to its DeFi dominance and institutional adoption.
The Tron founder said the U.S. is becoming the hub for blockchain hub and bitcoin owes a debt to Donald Trump.
The firm's founder has stressed that the layoffs are not financially motivated.
Sky Mavis is pushing for growth, and as part of this restructuring, it has downsized its workforce.
Tether issued an additional $3 billion in USDT tokens in November, with $2 billion minted on Ethereum and $1 billion on the Tron network.
Axie Infinity creator Sky Mavis lays off 50 employees as part of broader efforts to adapt post-hack and market shifts.
Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects.
Tether mints $3 billion in USDT, boosting crypto market liquidity and potentially signaling bullish momentum.
Sky Mavis cut 21% of its workforce to focus on core products, with the CEO claiming it wasn't due to financial issues. The post Axie Infinity Creator Sky Mavis Lays Off 21% as Part of Restructuring appeared first on Cryptonews.
Sky Mavis has laid off 21% of its workforce The web3 firm said the decision was not related to its finances.
The layoff reflects a strategic move to focus on its projects, including a new Axie Infinity game, according to its CEO.
This week's 'top cryptocurrencies to watch' are all from the gaming market segment: Sandbox, MANA and Axie Infinity.
Tron (TRX) is enjoying a significant surge in the crypto markets right now. The 10th largest cryptocurrency by market capitalization posted a new 6-year high above $0.21 earlier today.
The price of TRON (TRX) has continued to rise, surpassing the historic milestone of $0.18 on April 12, 2021.
Tron Founder Justin Sun proves money can't buy taste - unless it's a $6.2 million banana.
TRON has broken key resistance levels, with technical indicators and liquidations supporting the bullish momentum.
Tron's (TRX) rally to $20 and higher is a question of "simple math," Justin Sun ironically commented on X. Meanwhile, the crypto is actually rocketing; the TRX price is one step away from its all-time high despite the altcoin season lagging.
Justin Sun, the founder of the TRON blockchain platform, recently made headlines with an unexpected acquisition—Maurizio Cattelan's infamous artwork "Comedian," which features a banana duct-taped to a wall.
Tron price continued its strong momentum this week and reached an all-time high, pushing its market cap to over $17 billion. Tron (TRX) surged to a record high of $0.
Axie Infinity (AXS) and Smooth Love Potion (SLP) tokens have crawled back in the past few days as the ecosystem started to bounce back. The SLP coin was trading at $0.0035 on Friday, up by 65% from its lowest point this year. Similarly, the Axie Infinity coin was trading at $5.
Tron price has gone parabolic, rising for two consecutive weeks and reaching its all-time high of $0.2067. It has soared by over 350% from its lowest point in 2022, bringing its market cap to over $17 billion, making it the eleventh-biggest cryptocurrency in the industry.
TRON (TRX) has been enjoying a significant resurgence this November, with its price making impressive gains, and the network showing strong performance across several key metrics. While the token's price increase is drawing attention, it is the dominance of USDT (Tether) on the TRON network that could be setting the stage for further growth.
TRON's Justin Sun drops $6.2M on a banana taped to a wall, proving crypto kings have a wild sense of artistic humor.
TRON's November recovery means the network is in a good position right now.
Tron has experienced a sustained uptrend over the past month, putting 99.71% of TRX holders in profit.
As the crypto market hints at a potential surge, focus shifts to Monero and Tron. According to ChangeNOW, a platform for exchanging cryptocurrency without registration, transaction volumes for XMR and TRX have grown.
Tron (TRX) bulls flexed their muscles as they propelled the altcoin to $0.1825 on 13 November. Meanwhile, potential profit-taking catalyzed slight declines to press time levels of $0.1820. Meanwhile, the altcoin exhibits notable upside strength, signaling a potential 820% increase from current prices to $1.681.
TRON price is hugging all-time high price after soaring on November 13 and hitting $0.1825. Since then the asset has retraced to its current price of $0.1813.
Tron's (TRX) price has hit a new 52-week high, signaling a strong bull run that many believe could push the altcoin toward $0.2621. However, recent market pullbacks and technical patterns are raising questions about whether the bullish momentum can continue in the short term.
For the first time since May 2021, Tron (TRX) price has registered a daily close above 17 cents. The large-cap altcoin, with a fully diluted valuation (FDV) of about $15.2 billion, has seen its daily average traded volume more than triple in the last week to hover about $1.
TRON's price has risen to $0.1778 with a 7% daily gain, supported by a 121% surge in trading volume to $1.62 billion and positive technical indicators including a 0.04% funding rate and 88.33% weekly increase in inflow volume.
TRON hits $0.18 with a 7% surge, sparking speculation on reaching 2018 highs.
With a market cap of $15.39B, Tron remains the 10th biggest crypto market. Following a massive surge last night, the TRX prices take a quick U-turn back for a retest. Delaying a weekly chart breakout rally, Tron stands at a crossroads with the price action traders paying close attention.
Can Shiba Inu sustain its place in crypto's global TOP 10 as the magnificent bull rally recoups meme coin dominance?
The price rally comes in the wake of Donald Trump's return to the White House, with analysts predicting a new dawn for the crypto industry.
After the Ethereum price registered a strong 29% gain moving to $3,200 over the past week, Tron founder Justin Sun cashing out part of his ETH investment. Reportedly, dormant ETH whales have also turned active by offloading their holdings.
Big investors back CATZILLA, a rising crypto that could rival giants like TRON and Cardano—exploring its potential. #partnercontent
TRON (TRX) price has fallen between the moving average lines and faces rejection at the $0.17 high.
HashKey Global's support for TRC-20 USDT and TRX boosts TRON's global reach, enhancing blockchain adoption and digital asset accessibility. The post HashKey Global announces support for TRC-20 USDT and TRX appeared first on Crypto Briefing.