Tron Price Shoots Up 24% even through the USDD is keep declining. The Tron price is getting inflated and investors are wondering why.
Is Tronix (TRX) a good buy in June 2022?
Tronix TRX/USD has weakened from $0.092 to $0.046 since June 01, 2022, and the current price stands at $0.060. The cryptocurrency market continues to be under pressure, Bitcoin is trading close to the …
Tron (TRX) Price Prediction: Bulls Eye Return to $0.070
Tron (TRX) fell by 6.03% on Thursday, the loss more modest than the broader crypto market. Investor fears of a recession gripped the global financial markets on Thursday before support kicked in …
Can Tron (TRX) maintain its value long-term after efforts for stablecoin peg?
Tron TRX/USD has a huge ecosystem of decentralized applications (dApps), many of which have gathered a high level of reputation within the crypto sphere. From decentralized finance (DeFi) to …
Has Tron (TRX) managed to avoid Terra (Luna) like crash after USDD lost peg?
But a sound strategy appears to have helped avoid the disaster till now. The price of Tron (TRX) coin fell to nearly $0.045 after the blockchain’s recently launched algorithmic stablecoin USDD lost …
Tron surges by nearly 25% – Dead cat bounce or real momentum?
Tron (TRX) has been one of the best-performing coins in this recovery, with a 25% upswing over the last week. But is this real momentum or just another dead cat bounce? Here is what you need to know: …
Tron’s TRX Jumps as DAO Deploys $220M for Token Purchase, Investors Pull Out $1.6B From Tether’s Stablecoin
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Tron (TRX) Spikes in Value by 19% After Crypto Finance Support, Dmm Bitcoin Listing and Solid Weekly Performance
The Tron ecosystem and cryptocurrency have showcased solid weekly performance, as TRX gets listed on DMM Bitcoin and gets support from Crypto Finance.
Tron’s TRX Bumps 27% as DAO Deploys $220M for Token Purchase
Tron’s TRX token rose as much as 27% in the past 24 hours as its ecosystem stablecoin Decentralized USD (USDD) inched closer to its intended $1 peg. TronDAO, a decentralized organization that oversees …
USDD Loses its PEG – Is it the end of Tron’s Stablecoin?
In light of these events, TDR, the TRON DAO Reserve, has withdrawn $989 million worth of TRX from Binance to an unknown wallet. Whale Alert watched over this massive withdrawal and alerted the …
Tron (TRX) Bounces Back as Fears of a USDD Collapse Ease
The US Federal Reserve and TRON DAO Reserve deliver TRX with much-needed support on Wednesday. Downside risks remain, however.
TRON’s TRX price induces a liquidity purge that can lead to substantial losses
TRON price has invalidated the highly favored triangle thesis. TRX price has retraced 25% since the newly founded low at $0.046 was established. Invalidation of the downtrend is a breach above $0.075.
Crypto Finance to Support Tron Blockchain and Its Native Token
TRON, one of the largest and most popular public blockchains, has announced that TRX will be supported by Crypto Finance. More TRON-based tokens are expected to be added in the near future.Image …
Tron’s TRX Slumps Nearly 20% As USDD De-peg Deepens
Tron’s native token, TRX, fell sharply previously 24 hours because the blockchain’s USDD stablecoin broke away from its greenback peg. TRX slumped as a lot as 19%, and is now buying and selling at $0 …
Is this the first publicity stunt crash of crypto winter?
Not all crypto crashes are alike. Most are foreseen accidents, though some may be engineered in their image. That’s Tron, which is a blockchain network in the Ethereum model. It includes a $700mn-ish …
Crypto Deja-Vu? Tron USDD Stablecoin in Danger of Losing Peg
Tron’s algorithmic stablecoin USDD has been under pressure for two days now as short sellers are rushing to bet …
Tron’s Stablecoin Loses Its Peg to the Dollar. Is It the Next LUNA?
USDD, the stablecoin of the Tron ecosystem, has lost its peg to the U.S. dollar, causing many investors to fear the worst. The coin has somewhat recovered from its fall to a value of $0.97, but many …
Tron Price Predictions: Where Will TRX Go Amid an Ugly Crypto Crash?
Tron (TRX) price predictions are a hot topic on Tuesday as investors wonder where it will head after the crypto crash subsides.
Uh-oh! Tron’s Stablecoin USDD Slips its Peg as TRX Tumbles
TRX also slumped more than 25% in 12 hours from … Top centralized stablecoins Tether (USDT) and USD Coin (USD Coin) dropped to $0.995 and $0.099 respectively, while leading decentralized stable …
Stablecoin USDD Loses Its Peg, Delivering Tron TRX Price Instability
TRX is in the red this morning, as investors respond to the USDD unpegging from the dollar. A repegging should deliver TRX support.
Tron Price is at a Major Risk of USDD De-Pegging
What is the outlook of the Tron price amid the rising risk that USDD could de-peg in the near term? We explain what to expect.