July marks significant changes in the cryptocurrency market, where Tron (TRX) is showing steady growth and Bitcoin Cash (BCH) is drawing traders' attention. A new offering from BlockDAG will also be discussed.
Tron (TRX) Price Surge
Tron's (TRX) price continues to rise, trading between $0.2841 and $0.2886 with a 3.05% increase over the past week. On average, it processes over 8 million transactions daily, mainly driven by the use of stablecoins. Technical indicators also remain strong as TRX is above all key moving averages.
Bitcoin Cash (BCH) Technical Outlook
Bitcoin Cash (BCH) has increased by 75% over the last 90 days, reaching a peak of $526.5. The increase in whale trades is attracting interest in BCH, despite low on-chain activity indicating strong support at $481.
BlockDAG's Buyer Battles
A new offering from BlockDAG - Buyer Battles, where 50 million BDAG coins are up for grabs daily. The uniqueness lies in unpurchased coins being awarded to the largest buyer, enhancing user participation. The fixed price per BDAG is set at $0.0016.
The July cryptocurrency market sees the growth of Tron and Bitcoin Cash, alongside innovations from BlockDAG. Price forecasts for the coming months vary, but interest in these projects remains high.
