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Dogecoin and TRON: How Whales Affect the Market

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by Giorgi Kostiuk

5 hours ago


Prices of Dogecoin and TRON have seen significant increases in recent days due to whale activity and new achievements in cryptocurrency networks.

TRON's Rise: 13 Billion Transactions

TRON's network has reached a notable milestone of 13 billion transactions, indicating growing adoption of the platform. Over the past week, TRX has risen from $0.283 to $0.287, and technical analysis shows TRX moving in an ascending channel. A potential breakout above the $0.289 level is anticipated, which could lead to growth towards $0.295.

Dogecoin: Price at $0.171

The price of Dogecoin surged by 5% from July 6 to July 7, reaching $0.171. This increase is attributed to significant purchases by whales, with trading volumes exceeding 1.14 billion DOGE. It's expected that if support holds at $0.166, DOGE may showcase further growth.

Remittix: A New Crypto-to-Fiat Solution

Remittix introduces a new PayFi network that allows users to quickly convert cryptocurrency to fiat cash. A beta wallet is set to launch soon, allowing direct payments in over 30 fiat currencies. Remittix promises low fees and user-friendly features.

The activity of whale investors and the new achievements of the TRON and Dogecoin networks highlight the dynamic development of the cryptocurrency market. Meanwhile, platforms like Remittix aim to enhance the user experience in converting cryptocurrencies to fiat.

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