The market cap of TRON (TRX) has reached $13.65 billion. Today, we’ll explore why TRON (TRX) has been rising lately and what this could mean for the future. We’ll check out what’s pushing this uptrend and what holders should keep an eye on in the next few days.
TRON’s Market Cap Explosion: What’s Next for TRX?
TRON (TRX) is flying high right now, with its market cap hitting $13.65 billion. The price has reached $0.1578, its highest in three years. In the past 24 hours, the coin’s price has jumped by 12.45%. That’s up 22% over the last week. This rise has pushed TRON (TRX) into the top 10 cryptocurrencies. We’ve mentioned it in one of our previous articles.
TRON (TRX) is at a key point right now. The price is around $1.152. On the 30-minute chart, it’s at a crucial spot. If TRON (TRX) breaks through $1.155, it might quickly rise to $1.580. But if it can’t stay above $1.152, the price could drop to $1.482 or $1.453.
SunPump’s Meme Coin Frenzy: Driving TRON’s Surge
The driving force behind the rise of TRON (TRX) appears to be SunPump, a new meme coin platform that has rapidly garnered popularity. Since its launch, SunPump has seen the creation of around 40,000 new meme tokens, generating an impressive $6.2 million. This meme coin craze is significantly contributing to the TRON (TRX) price surge, as crypto enthusiasts flock to the platform in hopes of capturing significant pluses.
Data from Dune Analytics reveals that SunPump’s impact on TRON (TRX) is substantial. Token launches on the platform resulted in 3,792,453 TRON (TRX). The number of tokens launched on SunPump has surged from 354 on August 13 to an astounding 11,174 by August 19. This rapid growth includes TRON (TRX) versions of popular tokens like Pepe (PEPE).
Dex Screener Integration: Boosting TRON’s Visibility
The recent integration of TRON (TRX) into Dex Screener is another significant milestone that’s poised to elevate the platform’s visibility. Justin Sun, the charismatic founder of TRON (TRX), announced this development on X (formerly Twitter). With TRON now featured on Dex Screener, the platform’s exposure is set to increase dramatically, potentially attracting even more holders and driving further growth.
Minotaurus ($MTAUR) Presale: Low-Priced Tokens and Holder Benefits
TRON (TRX) definitely has strong fundamentals, and a further uptick is quite possible. But it’s not the only high-potential crypto out there – newcomers may also have a lot to offer. Check out Minotaurus ($MTAUR), a presale that is currently underway. Here are the key highlights:
- Priced at $0.0000548, $MTAUR tokens are available at a 72.5% price cut. The expected listing price is $0.00020.
- Participants in the presale can join the referral program. It grants bonuses for bringing in new members.
- An extended vesting schedule offers further benefits over time.
Minotaurus ($MTAUR) introduces an infinite runner game where players navigate mazes, collect treasures, and enhance their experience using $MTAUR tokens. These tokens can be swapped for in-game coins and spent on power-ups, avatar customizations, and special features.
Security is a priority, with audits by SolidProof and Coinsult ensuring the safety of user assets. As Minotaurus ($MTAUR) enters the $14.78 billion casual gaming market, it could present a valuable opportunity for crypto enthusiasts. For more information, visit the Minotaurus ($MTAUR) website.
Conclusion
TRON’s market cap has jumped to $13.65 billion. As analysis shows, there’s room for more growth. At the same time, the $MTAUR presale is a great chance to get into a new blockchain gaming project early. The entry is low and the benefits are enticing – now might be the perfect time.
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Source: https://thecryptobasic.com/2024/08/21/tron-shows-strong-bullish-activity-experts-advise-close-attention/?utm_source=rss&utm_medium=rss&utm_campaign=tron-shows-strong-bullish-activity-experts-advise-close-attention