Tron: Stablecoin USDD went live this week, here's how TRX reacted

ambcrypto.com

TerraUSD's (UST) growth over the last couple of weeks has brought a shift of sorts in the stablecoin world, with people now realizing the importance of decentralized stablecoins. Tron brings USDD Tron recently announced the launch of its own decentralized stablecoin USDD to capitalize on the innovative opportunity, and the same went live a day

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Timeline of Tron, Usdd


TRON: TRX surges as the rest of the market bleeds, is this trend genuine - AMBCrypto

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The Crypto Fear and Greed Index stands at 23, meaning extreme fear.


 TRON Price Analysis: RSI Divergence Tease Minor Correction In TRX - Coingape

The TRON(TRX) price escaped a three-month-long consolidation phase with a bullish breakout from the resistance trendline of the inverted flag pattern. The breakout rally tagged an overhead resistance of $0.09 and reverted to a retest phase; however, the RSI indicator suggests weakness in the bullish momentum despite a strong follow-up candle.


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.

TronTRX$0.071060

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.


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.


Here's why Tron [TRX] rallied before encountering resistance in its triangle pattern - AMBCrypto

Tron's native cryptocurrency TRX is off to a strong bullish start this month having already delivered an impressive 45% rally in the first five days. It is currently one of the best performers in the list of top cryptocurrencies by market cap.


Tron: TRX buyers must be wary of these levels before going long - AMBCrypto

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. After taking off from the $0.06-support, Tron (TRX) made impressive progress on its chart.

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