The much-anticipated bull run and altcoin season are just around the corner. The market remains calm, with many altcoins at their lowest prices and poised for a massive surge. Amidst this tranquil phase, Tron (TRX) has taken an unexpected plunge. High-profile crypto holders, known as whales, are dumping their TRX holdings. Intriguingly, they are redirecting their investments toward a new Solana-based meme coin, priced at an astonishing $0.0003. This shift raises questions and sparks curiosity about the future of TRX and the potential growth of other altcoins. The article delves into the factors behind TRX’s decline and unveils the coins that might rise next.
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TRON (TRX) Shows Potential for Major Gains Despite Recent Dip
TRON (TRX) is currently trading in the range of $0.1493 to $0.1652, showing signs of strong support at $0.1431 and resistance at $0.1749. Though the coin experienced a 5.13% drop over the past week, it has surged by nearly 24% in the last month. The Relative Strength Index of 48.80 suggests balanced momentum, while the MACD shows slight positive tendencies. If TRON can break past the $0.1749 resistance, it may push toward $0.1908, representing a growth potential of 13% to 25%. With a positive short-term Simple Moving Average and overall bullish sentiment, TRX is primed for notable gains.
Conclusion
TRX’s recent decline can be linked to major holders selling their positions in favor of newer opportunities. DOGEN, a new token on the Solana blockchain, has caught their attention. Designed for those who seek luxury and success, DOGEN promises high growth potential with an expected 700% increase by the end of the presale. It also has the potential for massive returns during this altcoin season. Like BONK, WIF, and Popcat, DOGEN shows the potential for record-breaking success. It aims to build a community of market leaders who will not settle for less. The token also offers real benefits, including exclusive campaigns and perks for early adopters, making it a more promising option.
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Telegram: https://t.me/Dogen_Portal
