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TRON(TRX)

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$0.064924
(-1.43%)
0.00000233 BTC
Market Cap (Rank#15)
$5,919,476,188
212,346 BTC
Vol 24h
$85,705,054
3,074 BTC
Circulating Supply
91,176,080,847.24
Max Supply
?
6h ago cointelegraph
Price analysis 3/20: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
Bitcoin continues to trade near $28,000, signaling a strong demand from investors even as the legacy banking system struggles with unprecedented volatility.
9h ago cryptodaily
Bitcoin Price Analysis: 28605 Resistance Tested - 21 March 2023
BTC/USD Extends Major Rally: Sally Ho’s Technical Analysis – 21 March 2023 Bitcoin (BTC/USD) extended its recent rally early in the Asian session as the pair rocketed to its strongest print since early June 2023, testing selling pressure around the 28578.63 level. Stops were elected above the 27901.68 and 28004.20 levels during the ascent, upside price objectives related to buying pressure that strengthened around the 19568.52 and 20370.01 levels. Prior to this most recent upward wave of buying activity, Stops were elected above the 27609.48 and 26931.99 areas. Following the recent appreciation, upside price objectives include the 29244.66, 29639.37, 30127.80, 30275.12, 30763.09, and 31477.37. Buying pressure emerged around the 27218.36 level during a brief pullback, an upside price objective related to buying pressure around the 15460 level. Traders recently lifted BTC/USD from the 24064.72 area during a recent pullback, a level that represents the 78.6% retracement of the depreciating range from 25288.88 to 19568.52. Following the ongoing appreciation, retracement levels and areas of potential technical support include the 27481, 26998, 26803, 26452, 26254, 26020, 25706, 25230, and 25136 levels. Below current price activity, downside price objectives include the 19266, 19132, 19106, 19006, 18981, 18919, 18822, 18116, 17720, 17523, 17457, 17230, and 17196 areas. Traders areobservingthat the50-bar MA (4-hourly)isbullishly indicating above the 100-bar MA (4-hourly)andabove the200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly). Price activity is nearest the50-bar MA(4-hourly) at 25035.71 and the50-bar MA(Hourly) at 27637.01. Technical Supportis expected around25256.83/ 24224.60/ 21753.70 withStopsexpected below. Technical Resistanceis expected around29244.66/ 29639.37/ 30127.80 withStopsexpected above. On4-Hourlychart,SlowKis Bullishly above SlowDwhileMACDis Bearishly below MACDAverage. On60-minutechart,SlowKis Bearishly below SlowDwhileMACDisBullishly above MACDAverage. Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
11h ago cointelegraph
Rattled crypto industry could emerge stronger after USDC depeg
Did the depegging reveal stablecoins’ limitations, or was it a learning moment?
15h ago cryptodaily
HeartX Launches Web3 Marketplace and Community Aim to Revolutionize Digital Art Industry
Central, Singapore, 20th March, 2023, ChainwireHeartX, previously known as ArteX, a trailblazer in the digital art industry, has recently rebranded and unveiled a groundbreaking web3 marketplace and community that empowers artists, collectors, art consultants and art lovers to redefine the value of digital art. The HeartX platform provides a secure, immersive, and transparent space for creating, sharing, and trading digital artworks, catering to artists, collectors, and the web 3 community alike.The sleek and user-friendly interface allows artists to upload and list their NFT-based digital art for a global audience to explore and purchase. HeartX's unique art evaluation system engages all users by enabling them to rate by voting on digital art pieces, earning tokens as a reward, and creating an interactive and dynamic online art community. This feature fosters closer ties between creators, collectors, and art lovers and creates an interactive and dynamic online art community. HeartX's Vote-to-Earn system allows people to show their taste and support, making it easier to join the web3 community.The team announces the launch of HeartX's first season, which introduces a unique set of features designed to enhance user engagement and incentivize participation. The "vote-to-earn" model allows users to earn tokens by voting for art pieces, with both the most and least favored pieces resulting in token earning. With the tokenomics model, there are two types of tokens for the platform- the governance token $HTX and the utility token $HNX that encourage users to unlock new opportunities for growth and profitability. Additionally, multiple dimension ranking systems reward users, creators, and collectors, creating a positive feedback loop that encourages ongoing participation within the ecosystem.HeartX is excited to announce their team and partnerships as they prepare for launch in the rapidly growing web3 space. The team is composed of seasoned professionals with a diverse range of experiences and backgrounds, united by a strong passion for creating a seamless, secure, and user-friendly platform and ecosystem for users worldwide. HeartX has formed partnerships with some of the most innovative teams in the web3 space, with more to be announced."We believe that the value of arts can be redefined by community consensus," said HeartX founder Anson. “We also believe that ‘art’ shouldn't be that out of reach, which is why we are bringing people the HeartX platform.” HeartX's vision for the future of digital art goes beyond being an online marketplace. It is a vibrant community of art lovers passionate about exploring and collecting digital artwork. The platform connects creators and collectors, offering artists a unique opportunity to showcase their digital artwork to a global audience and collectors a chance to build a reputation and find unique, innovative pieces.The HeartX team has just released the HeartX whitepaper, outlining its vision for a decentralized future and highlighting the key features and benefits of the HeartX platform. The HeartX team invites everyone to read the whitepaper to learn more about its ambitious goals and innovative solutions. Learn more about HeartX's whitepaper here.The team is continuing to develop the HeartX project and looks forward to sharing updates with the community as they progress toward launch. The HeartX marketplace will be launched in both app and web version in mid-April. Join HeartX today and experience the future of digital art.About DECENT ARTSDecent Arts Singapore Pte. Ltd. is a Web3 professional team dedicated to art.Decent Arts aims to connect the offline and online art worlds to broaden the boundaries of traditional art and establish a more inclusive, diverse and decentralized Web3 art ecology.Decent Arts focuses on the physical and digital art market and has created an online art community for trading and communication. It has launched digital art collections, and incubates a richer metaverse and Web3 products to allow more people to connect, understand, and finally fall in love with art.The team currently has 30 members who are responsible for product planning, artist cooperation, technology development, platform operations, etc.Most of the members come from successful Internet companies in diverse fields including gaming, live broadcast, social networking, e-commerce, art, blockchain, digital collections, and more.ContactThe HeartX [email protected]
1 day ago cointelegraph
These 5 cryptocurrencies may continue to surprise to the upside
Bitcoin, ETH, BNB, STX, and IMX remain strong on the charts, increasing the likelihood of more gains in the near term.
1 day ago cryptodaily
Bitcoin Price Analysis: 27901 In Sight - 20 March 2023
BTC/USD Flirts With 27901 Level: Sally Ho’s Technical Analysis – 20 March 2023 Bitcoin (BTC/USD) remained within striking distance of some key levels early in the Asian session as the pair traded around the technically significant 27324 level after testing the 27901 area, an upside price objective linked to buying pressure around the 19568 area. Traders recently lifted BTC/USD as high as the 27834.54 area, its strongest print since mid-June 2022. Stops were elected above the 27609.48 level during the ongoing appreciation, an upside price objective linked to buying pressure that previously emerged around the 20333.33 area. Stops were also previously elected above the 26931.99 area during the rapid ascent, an upside price objective linked to recent buying pressure around the 20370.01 level. Following the recent appreciation, upside price objectives include the 27901.68, 28004.20, 29244.66, 29639.37, 30127.80, 30275.12, 30763.09, and 31477.37. Traders recently lifted BTC/USD from the 24064.72 area during a recent pullback, a level that represents the 78.6% retracement of the depreciating range from 25288.88 to 19568.52. Following the ongoing appreciation, retracement levels and areas of potential technical support include the 25817, 25271, 25065, 24457, 24181, 23850, and 23300 levels. Below current price activity, downside price objectives include the 19266, 19132, 19106, 19006, 18981, 18919, 18822, 18116, 17720, 17523, 17457, 17230, and 17196 areas. Traders areobservingthat the50-bar MA (4-hourly)isbullishly indicating above the 100-bar MA (4-hourly)andabove the200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly). Price activity is nearest the50-bar MA(4-hourly) at 24075.09 and the50-bar MA(Hourly) at 26903.77. Technical Supportis expected around21753.70/ 19568.52/ 18390.99 withStopsexpected below. Technical Resistanceis expected around27901.68/ 28004.20/ 29244.66 withStopsexpected above. On4-Hourlychart,SlowKis Bearishly below SlowDwhileMACDis Bearishly below MACDAverage. On60-minutechart,SlowKis Bullishly above SlowDwhileMACDisBearishly below MACDAverage. Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
2 days ago cryptodaily
Coinbase Plans To Set Up Crypto Trading Platform Outside The US
According to a Bloomberg report, Coinbase is exploring the option of setting up a crypto trading platform outside the United States of America as part of an aggressive expansion campaign. As of now, there is no clarity on where the new entity will be based. A New Crypto Trading Platform According to the report, Coinbase has already discussed setting up a platform based outside the US, where it has its current headquarters, with some of its institutional clients, market makers, and investment firms. However, there is no clarity about the nature of Coinbase’s overseas operations or where it would be based. Coinbase, apart from its headquarters in the United States, has a strong presence in Spain, Italy, France, the United Kingdom, Ireland, Switzerland, and the Netherlands. Along with the authorization to operate in the United States, Coinbase holds licenses to operate in Italy, Germany, Ireland, and the Netherlands, along with the UK Financial Conduct Authority. The exchange is also in the middle of procuring additional registrations and licenses in other major markets to comply with local regulations. Move To Drive Growth? There is considerable speculation about why Coinbase is looking to international markets. Some believe that the exchange is moving and expanding internationally to keep pace with its rivals, some of whom have gained considerable traction in international markets. Coinbase is currently the largest cryptocurrency exchange in the United States but is facing strong competition from the likes of Binance in the global markets. Earlier this month, Coinbase announced that it had updated its retail platform in Singapore as a result of a strategic partnership with Standard Chartered bank. The partnership with the bank would allow Coinbase customers to move funds to and from their accounts via local banks. As a result of the partnership, Coinbase customers based in Singapore can cash in or cash out of their exchange accounts using local bank transfers for free, allowing customers to gain more control and flexibility over their assets. Before the partnership, Coinbase customers were forced to use debit or credit cards to transact with the exchange. The CEO of Coinbase Singapore, and its regional director, Hassan Ahmed, stated, “Southeast Asia is a crypto-forward region with a lot of demand for holding and using crypto in markets such as the Philippines and Indonesia, as well as a hotbed of innovation for trends like Web3 gaming such as Vietnam”. Or Is Regulatory Scrutiny The Reason? However, there is also speculation that the move was forced on Coinbase as regulatory authorities in the US looked to clamp down on the crypto firms for their perceived role in the ongoing banking crisis. Recently, three major banks in the United States, Silicon Valley Bank, Silvergate Bank, and Signature Bank, failed, leaving a huge impact on depositors. In recent months, regulators, including the Securities and Exchange Commission (SEC), have come down hard on crypto firms for staking services offered in the US. Coinbase also faces banking troubles after it emerged that around $240 million in corporate cash balances are stuck with Signature Bank. Despite the clampdown, Coinbase, in a communication with users, stated that its staking program would continue. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
3 days ago cryptodaily
$MBLK Token Private Sale Exceeds Expectations, Sets Stage for IDO Success
Dubai, United Arab Emirates, 17th March, 2023, ChainwireZOGI Labs, a multidivisional blockchain company and gaming studio established in May 2021, and the team behind the revolutionary MMORPG Legends of Bezogia, has announced the successful conclusion of its private token sale for its in-game currency, Magical Blocks ($MBLK). Led by web3-focused M3 Ventures Ltd (HK), the investors, partners, and collaborators of ZOGI Labs also include notable industry leaders like Polygon (MATIC), Cronos Chain (Crypto.com), BNB Chain, as well as multiple ecosystem partnerships with platforms, guilds, and communities. The private sale exceeded all expectations, closing the round with $1.8 Million of token sales and setting the stage for a highly anticipated public sale (IDO).“I strongly believe the reason behind the confidence of our investors comes from Legends of Bezogia being a proprietary late stage product with a mature community and ecosystem which involves tens of thousands of gamers and many hundreds of beta testers that are experiencing Legends of Bezogia going into final release this year. This has established a strong demand for the $MBLK token already before its launch and release. Utility is what grows value for all stakeholders and our investors see that.” said CEO, Steve Murray, talking to industry leaders recently on the panel at AIBC conference in Dubai.This milestone marks a major step forward for $MBLK, as it prepares for its highly anticipated initial DEX offering (IDO) in April of this year. With a unique blend of blockchain technology and cutting-edge gaming mechanics, $MBLK is exactly what the industry has needed to seamlessly bridge the gaming and blockchain industry. Designed and coded from scratch by the ZOGI team, $MBLK establishes a new standard in sustainability mechanics and logics of an open-world metaverse environment. Learn more about this in ZOGI Labs' whitepaper.The overwhelming demand for $MBLK is a testament to the innovative nature of the project and the full-stack team of more than 45 talented individuals who are fully committed to delivering this immersive and entertaining decentralized gaming experience. With the private sale now closed, ZOGI Labs is turning its attention to the upcoming IDO, where it plans to offer whitelisted investors a chance to buy early and gain access to the exciting world of Legends of Bezogia.It's clear that the gaming and blockchain communities recognize the enormous potential of $MBLK and, after 2 rigorous years of development, are excited to see Legends of Bezogia coming to every major gaming platform and operating system in 2023.To stay informed about the IDO and Legends of Bezogia, sign up here and join our growing community today!About ZOGI LabsZOGI Labs is a multidivisional blockchain company and gaming studio established in May 2021, and the team behind the revolutionary MMORPG Legends of Bezogia. At ZOGI Labs, our mission is to seamlessly blend blockchain technology and cutting-edge gaming mechanics to create a truly immersive digital realm - a place where gamers can escape into stunning otherworldly landscapes, live vicariously through their Bezogi avatars, and have a block-buster of a time in the lands of Bezogia.ZOGI Labs is raising the bar for crypto-based games with breathtaking graphics, a rich storyline, quirky characters, and a level of fun that will keep you chained to your screen.ZOGI Labs is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.ContactCEOSteve MurrayZogi [email protected]
3 days ago cryptopotato
Elon Musk Mocks Jim Cramer’s Market Advice
Twitter's boss scoffed "Mad Money's" host, saying "the Force is strong with inverse Cramer."
3 days ago cryptodaily
Bitcoin Price Analysis: 26612 Steamrolled - 18 March 2023
BTC/USD Reaches New Multi-Month High: Sally Ho’s Technical Analysis – 18 March 2023 Bitcoin (BTC/USD) powered higher near fresh multi-month highs early in the Asian session as the pair worked to advance past the 27033.04 level, its strongest print since mid-June 2022. Stops were elected above the 26931.99 area during the rapid ascent, an upside price objective linked to recent buying pressure around the 20370.01 level. Following the recent appreciation, upside price objectives include the 27324.79, 27609.48, 27901.68, 28004.20, 29244.66, 29639.37, 30127.80, 30275.12, 30763.09, and 31477.37. Traders recently lifted BTC/USD from the 24064.72 area during a recent pullback, a level that represents the 78.6% retracement of the depreciating range from 25288.88 to 19568.52. Following the ongoing appreciation, retracement levels and areas of potential technical support include the 25817, 25271, 25065, 24457, 24181, 23850, and 23300 levels. Below current price activity, downside price objectives include the 19266, 19132, 19106, 19006, 18981, 18919, 18822, 18116, 17720, 17523, 17457, 17230, and 17196 areas. Traders areobservingthat the50-bar MA (4-hourly)isbearishly indicating below the 200-bar MA (4-hourly)andabove the100-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly). Price activity is nearest the200-bar MA(4-hourly) at 23066.43 and the50-bar MA(Hourly) at 25075.97. Technical Supportis expected around21753.70/ 19568.52/ 18390.99 withStopsexpected below. Technical Resistanceis expected around27609.48/ 28004.20/ 29244.66 withStopsexpected above. On4-Hourlychart,SlowKis Bullishly above SlowDwhileMACDis Bullishly above MACDAverage. On60-minutechart,SlowKis Bearishly below SlowDwhileMACDisBullishly above MACDAverage. Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
3 days ago coindesk
Bitcoin Is a Clear Winner of the U.S. Banking Crisis
The narratives around bank failures, stablecoins and interest rate hikes seem strong enough to propel the price of bitcoin, says CoinDesk's George Kaloudis.
3 days ago cryptodaily
Sued Over FTX Promotions: The Case Of Finance YouTubers
A class action lawsuit is claiming that prominent finance Youtubers who promoted the FTX exchange on their channels should be held accountable. Sued For Promoting “Unregistered Securities” Several popular finance YouTubers have landed in legal hot water with a new class action lawsuit that seeks to hold them responsible for promoting the now-defunct crypto exchange FTX on their channels. The statement filed by the plaintiff points out, “Though FTX paid Defendants handsomely to push its brand and encourage their followers to invest, Defendants did not disclose the nature and scope of their sponsorships and/or endorsement deals, payments and compensation, nor conduct adequate (if any) due diligence.” The lawsuit also claims that the named defendants conspired with FTX to mislead customers into believing that funds held on the platform were safe and not under investigation as unregistered securities. The matter of cryptocurrency being classified as “unregistered securities” have been highly controversial, with the SEC gunning for this classification. If they are successful, then all future promoters of any crypto product would require to disclose the amount they were paid for every promotion. Gunning For Celebs And Influencers The ones named in the class action lawsuit are Graham Stephan, Andrei Jikh, Jaspreet Singh, Kevin Paffrath, Ben Armstrong, Brian Jung, Jerremy Lefebvre, and Tom Nash. Some of these YouTubers have millions of subscribers on their channels, and their videos on FTX have garnered hundreds of thousands of views. Furthermore, the talent management company handling the promotion of FTX, i.e., Creators Agency LLC and its founder Erika Kullberg have also been named in the lawsuit. The plaintiff Edwin Garrison is a private investor who has filed multiple lawsuits against individuals and public figures connected to FTX, like Tom Brady, Stephen Curry, Shaquille O’Neal, Larry David, Kevin O’Leary, and other celebrities who had promoted FTX. He has also filed a lawsuit against former FTX CEO Sam Bankman-Fried. Government Bodies Taking Strict Action Bankman-Fried already has several other lawsuits filed against him, including multiple fraud charges from government bodies like the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The Federal Trade Commission (FTC) clearly states that social media influencers must clearly disclose paid promotions on their videos or posts. Certain influencers and celebrities have even gotten into trouble for not disclosing this aspect of the product they have been paid to promote. For example, Kim Kardashian was charged by the FTC for not disclosing that she was paid to promote EthereumMax’s EMAX token. It cost her $1.26 million in fines for the product promotion, which only brought in $250,000 for her. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
3 days ago cryptodaily
Could this be the Bitcoin top? For now?
Bitcoin has pushed through the $25,000 major resistance level. However, the charts are suggesting that it could be at or near its top for now. Bitcoin thrives as the banking system subsides Bitcoin has made hay as the banking system has been showing its inherent weaknesses. BTC has put on 72% since the beginning of the year, and has risen more than 36% in just the last week, at the same time as the Fed has been obliged to restore quantitative easing (to some extent), and the Swiss central bank has had to provide liquidity to a badly fractured Credit Suisse. The writing is on the wall for a fiat currency system, and it is testament to the opaque curtain that government and bankers have drawn across it, that it has managed to last thus far. Holders of bitcoin don’t have to worry about any governments intervening to prop the system up, and getting tax payers to shoulder the cost. It just runs on code, without any intermediaries, and does what it was programmed to do. Bitcoin to retest the lows? Bitcoin is still looking to go higher. It has reached $26,700 at time of going to press. This is a resistance area just before a stronger resistance at around $28,800. Many will be feeling that Bitcoin could go on to test even higher, and there certainly is a case for this. Source: TradingView The price has reached the top of a megaphone pattern it has been in since January this year, and it could be expected to reverse here, given that it has had such a great surge over the previous week. The technicals might have the price correct over the next few weeks, taking Bitcoin down to retest its lows. According to pro trader Gareth Soloway, the price could perhaps bounce at $18,000, but he expects it to then go lower and maybe even get down as low as $9,000 before entering its bull market in earnest. Price doesn’t just go up and up, or even down and down for that matter. There are always corrections or rallies on the way. For Bitcoin to go down and test the lows is a perfectly healthy thing to do, and the coming bull market will be that much better for it. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
3 days ago cryptodaily
Poolz Overcomes Security Event with Rapid Crisis Management
Late on March 15th, Poolz Finance experienced a hack, with attackers exploiting a vulnerability in the arithmetic overflow of the platform. Upon discovery, the Poolz team leaped into action, rapidly disabling the point of entry and mitigating the worst of the effects. Due to the speedy response of Poolz, the hacker’s address was frozen, preventing further damages from occurring within the ecosystem. As little as 10 hours after the exploit was discovered, the Poolz management team had already planned out response systems, comprehensive compensation packages for their users, and a future roadmap. Thanks to the security and management team at Poolz, the event was not nearly as impactful as it could have been. The founder of Poolz, Liam Cohen, stated “We're proud of our team's swift and effective response to the cyber attack on our platform. Our top priority is our community, and we're committed to providing them with a secure and reliable platform for decentralized finance.” Let’s dive into the full story. What Happened? According to PeckShield, a blockchain security and data analytics company, the hack was caused due to an arithmetic overflow issue. The exploit was first discovered when the same sender repeatedly sent an identical transaction pattern in the token vesting smart contract. This allowed the hacker to extract tokens that were already allocated to public buyers. They could siphon off cryptocurrency into their accounts, then converting them to BNB and moving them out of the system. The Poolz ecosystem was heavily impacted by this, with the hacker making off with around $390,000 USD equivalent from their exploits. As this became public knowledge, the native token of Poolz - POOLZ - dropped more than 95%. How Poolz Stopped the Exploit Within two hours of the attack, Poolz was already in action defending their ecosystem. They had flagged the hacker’s address across the world’s leading blockchain explorers, preventing them from taking further action. On a wider scale, they also removed the remaining liquidity from both Sancakeswap and Uniswap in order to protect their community. This was in order to prevent further trading and buying, alongside arbitrage attempts. Over the next few hours, Poolz moved through a number of steps to lessen the impact of the exploit: Complete Freeze - All POOLz tokens porting on the ChainPort.io bridge were frozen. CMC Communications - Poolz got in contact and submitted their report to CMC, which was then approved. Flash Funding - Poolz released a flash fundraiser to help them with building a new system with strengthened security foundations. This raised over $600,000 USD in 12 hours. Thanks to the quick reaction of the Poolz team, the exploit was neutralized in a timely manner, preventing further consequences to the wider ecosystem. Building Back Better Following the event, Poolz has also released documentation and strategy planning for a new token within their ecosystem. The Poolz team rapidly began planning a new token for the platform, POOLX, which is now under audit by ChainPort Certik, and ArcadiaGroup. The platform is currently planning out a compensation model to ensure that their community is rewarded for their patience and support during this time. At present, Poolz has the full support of their community, with many being extremely impressed by the response that this ecosystem has lead with. Reflecting on the event, Cohen has stated, “While this event was a setback, we are confident that we will emerge from it stronger. Our new token, POOLX, is currently under audit by industry leaders and will provide a more secure and reliable future for our community and customers.” Beyond this, he comments on the devotion of the Poolz ecosystem to their community, We're proud of our team's swift and effective response to the cyber attack on our platform. Our top priority is our community, and we're committed to providing them with a secure and reliable platform for decentralized finance. Despite this setback, we'll come out stronger with our new token, POOLX, which is currently undergoing an audit. Our treasury is unaffected, and we remain financially stable. We're dedicated to our community and DeFi and we thank you for your support. Final Thoughts Despite a challenging 24 hours, the reaction and rapid crisis management that Poolz has displayed curtailed the impacts of this security event. While the original native token has devalued, the steadfast plans that Poolz have issued in terms of the new native token will allow the ecosystem to bounce back effectively. Across the impressive response from Poolz, the community support, and the backing of further investment, this is a wonderful example of the world of blockchain rallying behind an ecosystem. Luckily, this hack was far from the end of Poolz. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
4 days ago coindesk
21Shares Closes 6 Crypto Exchange-Traded Products
The provider of crypto exchange-traded products (ETPs), however, told CoinDesk it had its second-strongest January on record overall.
4 days ago zycrypto
Crypto Analyst Sights $100,000 For Bitcoin’s Near-Term Price After This Pattern Surfaced
While Bitcoin at $100,000 is yet to become a reality, and price predictions that have followed since last year have mostly been modest, a key player in the market highlights strong possibilities for Bitcoin.
4 days ago cryptodaily
ThunderCore and YGG SEA Launch Web3 Gaming Developer Program for Southeast Asia
March 16th, 2023 – Coinscribble / ThunderCore has partnered with Yield Guild Games Southeast Asia (YGG SEA), Southeast Asia's largest blockchain gaming guild, to launch a developer program that will tap into the growing demand for blockchain-based games and virtual worlds. The partnership is a manifesto of our commitments to bridge the South East Asia developer talent into Web3 and attract global Web3 talent into the region. It’s going to be a game-changer in the Web3 world of Southeast Asia. Partnership to boost SEA Web3 gaming development ThunderCore is a blockchain platform that provides a scalable and fast infrastructure for decentralized applications (DApps). YGG SEA, on the other hand, is a gaming guild that has evolved into a community driven ecosystem player, establishing strong grass roots presence, connecting and engaging a deep relationship with their community members in the SEA market. For developers, YGG SEA’s massive reach in the region and ThunderCore’s strong user retention skills offer the perfect tools to enter the SEA market as effectively as possible. The developer program is expected to help YGG SEA open opportunities beyond ‘just playing’ games to its community of gamers & creators within the metaverse; and at the same time, provide go-to-market access for ThunderCore and Blockchain game developers into the region. As YGG SEA continues to grow its user base in Southeast Asia, YGG SEA has partnered with over 80 games and has more than 175 K community members and deployed more than 20,000 scholarships to date. In line with YGG SEA efforts to be the friendly gateway into the metaverse for ANYONE, YGG SEA provides language specific support on its platform. It has a stellar track record of helping games establish market presence in SEA and features some of the biggest success stories in blockchain gaming to date. South East Asia is a key market for global economic growth and will be a key driver for Web3 community growth as pioneered in 2021/2022 by Axie Infinity, the region’s home-grown blockchain game. Thanks to its battle-tested fast and secure infrastructure, ThunderCore is perfectly positioned to support the development of high-performance Dapps required for blockchain gaming. It excels at acquiring and retaining new users, frequently clocking over 100,000 daily active users (DAU) according to DappRadar due to its entertainment-first approach to growing its ecosystem. This proven ecosystem retention mechanism will help developers retain users and build a strong community around their projects in the long term. Future Plans With its mission to create the biggest and most sustainable play-to-own (P2O) virtual economy focused on Southeast Asia, the partnership between ThunderCore and YGG SEA is expected to create a more diverse and vibrant game ecosystem in the region. Roger Hsu, CEO of ThunderCore, had the following to say: "Our YGG SEA partnership is an important step for ThunderCore as we expand our presence in the SEA market to help grow the blockchain gaming industry and create new opportunities for ourselves as well as developers, investors, and gamers in the region.” About ThunderCore ThunderCore is the only platform growing DApp users organically through ecosystem retention, which will be the key driving force behind the real mass adoption of blockchain. Its proof-of-stake (PoS) architecture, EVM compatibility, entertainment-first ethos, and deep developer support provide a battle-tested home for the next generation of crypto innovators across Web3, DeFi, NFTs, GameFi, and the metaverse. Thanks to its unique PaLa consensus mechanism, ThunderCore can handle 4,000+ TPS with sub-second confirmation times and ultra-low gas fees kept at a fraction of a cent. ThunderCore Token (TT), the chain’s popular native asset, can be stored in the feature-rich TT Wallet, together with other supported ecosystem assets. About YGG SEA YGG SEA is a gaming guild with a strong community presence in SouthEast Asia. The DAO (Decentralised Autonomous Organization) is YGG’s first guild partner (previously called as SubDAO) and its aim is to become the friendly face in onboarding anyone into the metaverse through gaming, education and providing access to yield earning opportunities in the metaverse. We believe blockchain technology is here to disrupt many aspects of lives and the biggest challenge for the entire ecosystem is ease of access. s part of the ecosystem, YGG SEA believes that gamification is the way to onboard the next billion users and that “playing” is everyone’s birthright. T YGG SEA alongside our ecosystem partners like Thundercore and game developers within this program wants to create opportunities for our communities to have a real job and impact within the metaverse. - Irene Umar, Co Founder of YGG SEA. Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
4 days ago nulltx
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About TRON?

The live price of TRON (TRX) today is 0.064924 USD, and with the current circulating supply of TRON at 91,176,080,847.24 TRX, its market capitalization stands at 5,919,476,188 USD. In the last 24 hours TRX price has moved -0.001552 USD or -0.02% while 84,150,255 USD worth of TRX has been traded on various exchanges. The current valuation of TRX puts it at #15 in cryptocurrency rankings based on market capitalization.

Learn more about the TRON blockchain network and how it works or follow the price of its native cryptocurrency TRX and the broader market with our unique COIN360 cryptocurrency heatmap.

Tron, or the TRON network, has positioned itself as a decentralized, blockchain-based platform that enables content creators to monetize their work without losing a large share of their income to middlemen such as music and video streaming platforms, app stores, etc.

Founded in 2017 by tech entrepreneur Justin Sun, the TRON mainnet was actually launched in June 2018. This was after the TRON initial coin offering (ICO) had raised $70 million, although it later returned funds raised from Chinese investors after China banned ICOs. Justin Sun, however, remains a vocal promotor for the network.

Being a smart contract-enabled blockchain with fast and cheap transactions, TRON has continued to grow in terms of network activity and decentralized applications (Dapps). Tron’s native token TRX plays a crucial role in securing the network through a delegated proof-of-stake (DPoS) consensus mechanism and is also used to pay transaction fees.

Given its low transaction fees, Tether's USDT stablecoin on the TRON network, also known as TRC20 USDT, accounts for significant network usage and the circulating supply of USDT on the TRON network is often higher than its supply on the Ethereum network.

TRX price

TRX price has seen extreme price swings over the years, starting from its initial rally in December 2017–January 2018, when TRX in USD terms reached an all-time high of around $0.23. However, the price of TRX crashed along with the broader market and declined to under $0.035 by March 2018.

TRX coin price saw another brief recovery in May 2018, when its price reached around $0.09, only to dive down to around $0.01 by November of the same year. After that, the TRX token continued to trade between $0.01 and $0.04 until early February 2021 as indicated by our TRX live price chart.

Between February and April 2021, however, TRX price grew over 400% from around $0.03 to about $0.16 as the entire crypto market ran up. The price of TRX thereafter dived to around $0.05 by July 2021. However, the token recovered again in the second half of 2021 and closed the year above $0.07 levels.

How TRX works

In the proof-of-stake (PoS) consensus mechanism, token holders can become network validators, who are tasked with verifying transactions and arranging them in blocks. However, TRON uses the DPoS mechanism, which means not all TRX holders can become validators. 

TRON network tasks 27 super representatives (SRs) with validating transactions, who are elected through open voting. TRX holders can vote for their preferred SRs by staking or locking their TRX tokens. The SRs are rewarded in TRX for validating transactions, which are then shared with TRX holders who voted for the SR. 

The TRON network claims that using DPoS allows it to process more transactions in a shorter period. Compared to 15-20 transactions per second (TPS) on Ethereum and around 5-6 TPS on Bitcoin, Tron can process around 2,000 TPS — one of the key benefits its founder Justin Sun promotes.

TRON SRs are also responsible for suggesting updates and improvements to the TRON network. The proposals can be voted on by TRX holders, which gives TRX additional utility as a governance token. 

TRX news, updates, and highlights

Tron generated the most buzz in June 2018, when it acquired file-sharing service BitTorrent — which had a reputation for enabling piracy of copyrighted material — for about $140 million. Within two months, there was a string of employees who either left or were dismissed because of disagreements over the future direction of the company. From the start, Tron and Sun have been embroiled in controversies and allegations — this includes an allegation that the Tron whitepaper was plagiarized

Sun and the Tron Foundation, the non-profit behind Tron, were also accused of workplace hostilities in a lawsuit filed by two former employees in October 2019. While the court had ordered arbitration, the former employees who were sacked by Tron, challenged the decision in July 2020.

In other news, the Tron Foundation partnered with non-fungible tokens (NFTs) marketplace APENFT and WINKLink to launch a $300 million fund called the Tron Arcade in August 2021. The fund intended to invest in play-to-earn games over the next three years. 

The Tron Foundation also launched a $100 million fund in partnership with APENFT in November 2021 to support NFT projects. The fund was aimed at helping NFT creators, and providing them with legal and copyright protection guidance.  

In December 2021, Sun announced that he is stepping down from Tron, leaving the future of the blockchain in the hands of the TRX coin holders. However, Sun remains an ardent promoter of the TRON network. 

Frequently asked questions about LTC

  • Can you mine or stake TRX?

Since Tron uses the DPoS consensus system, it is not possible to mine TRX. However, you can stake TRX to vote for SRs and share the rewards for securing the network.

  • What are some of the best TRX wallets?

You can store your TRX coins in a range of desktop, hardware, web and mobile wallets, including Ledger, Trezor, Tronscan, MetaMask, Trust Wallet and more. 

  • What can you do with TRX?

You can use TRX as a store of value and trade it on exchanges for profit, depending on market conditions. You can also stake TRX to vote for SRs and play a part in securing the network, or use your TRX coins to vote on governance proposals. You can also use your TRX tokens to pay gas fees when using the TRON blockchain. 

  • How to buy TRX?

There are several ways of buying TRX. You can use your local fiat currency to purchase TRX on exchanges like Nexo, eToro, among others, or use other cryptocurrencies like BTC, ETH, USDT, USDC etc. to buy TRX on exchanges like HitBTC and more.

TRON Price0.064924 USD
Market Rank#15
Market Cap5,919,476,188 USD
24h Volume85,705,054 USD
Circulating Supply91,176,080,847.24 TRX
Max SupplyNo data
Yesterday's Market Cap5,866,871,949.18 USD
Yesterday's Open / Close0.065899 USD / 0.064347 USD
Yesterday's High / Low0.066285 USD / 0.064217 USD
Yesterday's Change
-0.02% ( 0.001552 USD )
Yesterday's Volume84,150,255.34 USD
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