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Cryptocurrency News Articles

TRON (TRX) Stumbles Amidst Market Rally

Mar 22, 2024 at 05:39 pm

TRON (TRX) Stumbles Amidst Market Rally

Is TRON (TRX) Hitting a Wall?

Despite reaching new yearly highs, TRON (TRX) has been among the underperformers in the crypto market lately. While the broader market rallied, TRON (TRX) struggled to gain traction, with its weekly price fluctuating between $0.1319 and $0.1109, reflecting a 9.33% decline. This comes after TRON (TRX) hit a yearly high of $0.142 in late February, but has since been trending downward.

Even with some significant developments, like securing a partnership as the title sponsor for the TOKEN 2049 Conference in Dubai next year, the outlook for TRON (TRX) remains bearish according to investors and experts.

Polygon (MATIC) Steady as Network Upgrade Looms

Polygon (MATIC) has shown more stability in its monthly price, fluctuating between $0.973 and $1.007 with a marginal decrease of 3%. Despite this relatively flat performance, there's been some important news regarding Polygon (MATIC)'s upcoming network upgrade and hard fork.

Binance has announced its support for the upgrade, scheduled for March 20, 2024. Binance has pledged to facilitate a smooth transition, including the temporary suspension of deposits and withdrawals for Polygon (MATIC) and other tokens on the network from approximately 08:00 AM on that day.

Raffle Coin (RAFF): Early Bird Investors Jump In

Raffle Coin (RAFF) is a new player in the crypto space that's caught the attention of traders looking to diversify their portfolios. It offers an innovative decentralized platform where users can sign up and participate in various raffles to win exciting prizes.

Users can fund their accounts with a range of cryptocurrencies and enter instant, daily, weekly, and monthly raffles with just a click. Notably, 40% of the platform's fees are distributed among presale investors, giving them the opportunity to earn rewards proportional to their holdings.

Raffle Coin (RAFF) is currently in Stage One of its presale, with each token priced at $0.020. There are a total of six stages to the presale, providing investors with multiple opportunities to get involved. With team tokens locked for two years and liquidity locked for life, the project emphasizes security and stability. As the presale progresses, investors have a chance to participate in a $100,000 giveaway.

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Other articles published on Jan 23, 2025