These 3 Cryptos Are Leading A Recovery From This Week's Crash

coingape.com

The crypto market saw one of its worst crashes ever over the past week, amid concerns over rising inflation and interest rates. But three tokens appeared to have largely outperformed the 50 largest cryptocurrencies, with each seeing their own share of bullish news through the week.

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Timeline of Algorand, Tron, Monero


Algorand price analysis: Bulls try to uplift ALGO price at the $0.700 level. Resistance ahead? - Cryptopolitan

The Algorand price analysis is bullish for today as the price has increased up to the $0.700 range after recovering at a much faster pace yesterday as well. Earlier the coin was on recovery from 1 May 2022, but the price levels crashed on 5 May 2022 when the price stooped down to $0.632, but.


Monero, Zilliqa, XRP Price Analysis: 07 May - AMBCrypto

Bitcoin has steadied itself within the $35.8k to $36.2k zone and could spend a considerable chunk of the weekend within this area. Monero and Zilliqa looked likely to test their demand areas once more.


Tron (TRX) Token Just Outperformed A Crypto Crash, Here's Why - Coingape

Tron (TRX), the native token on the namesake blockchain vastly outperformed a crypto market crash in the past 24 hours, amid hype over a new stablecoin. The main reason behind the token's rally was the purchase of about 504.6 million TRX by Tron's new stablecoin reserve.

AlgorandALGO$0.303600
TronTRX$0.065280
MoneroXMR$117.600000

Tron's TRX Price Emerges As a Clear Winner Amidst The Crypto Market Crash. Here's Why - CoinPedia

TRX, Tron's native coin, has been trending upwards since the beginning of the month. Tron has announced that its algorithmic stable currency USDD will be available soon and since then it has experienced an increase in interest. Tron was trading at $0.086 at the time of writing. After reaching the $0.09 resistance level, the coin …


Tron Is Trading Within Its Triangle Pattern; What Awaits The Coin Next? - NewsBTC

Tron's native coin TRX has been moving on bullish price action since the beginning of the month. Tron had announced in the past weeks, that, it is soon to be going live with its algorithmic stable coin USDD.


Justin Sun's Tron Nabs Big Names For Its $10 Bln Stablecoin Reserve - Coingape

The Tron blockchain's plans for a decentralized reserve appear to be gathering interest from several major players in the crypto industry. Tron's algorithmic stablecoin, USDD, began trading earlier this week.


Bnext gets $4.5 million investment led by borderless capital to drive DeFi on Algorand - AMBCrypto

 Borderless Capital has increased its investment in Spanish Fintech, Bnext, to $10 million with a new investment of $4.5 million.  What This Means For Bnext This latest investment will help further Bnext's goal to continue introducing bleeding-edge financial technologies throughout 2022 and beyond.


Tron (TRX) Increased By 10% Despite Market Correction: Biggest Weekly Gainers - BeInCrypto

Be[in]Crypto takes a look at the five altcoins that increased the most over the past seven days, more specifically from April 29 to May 6. The post Tron (TRX) Increased By 10% Despite Market Correction: Biggest Weekly Gainers appeared first on BeInCrypto.


Tron Blockchain Launches USDD Decentralized Stablecoin by Tron DAO Reserve - Blockchain News

Justin Sun, the founder of the Tron blockchain network, said that he has launched a USDD decentralized stablecoin pegged to the US dollar at a ratio of 1:1 through the Tron DAO Reserve.


Monero (XMR) To Protect Miners' Interest By Introducing Tail Emission In 30 Days - Coingape

The Monero community is working on some key measures to guard the interest of its miners. In this regard, Monero (XMR) shall be introducing an upgrade dubbed Tail Emission in the coming days.

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