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$TRX As of December 31, 2024, TRON (TRX) is trading at approximately $0.255 per token. Over the past 24 hours, TRX has experienced a slight decline of about 0.49%. The 24-hour trading volume stands at approximately $1 billion, indicating a 26.6% increase from the previous day and signaling a rise in market activity. TRON's market capitalization is around $21.7 billion, ranking it as the 10th largest cryptocurrency by market cap. In recent developments, TRON has been actively enhancing its ecosystem. Notably, the network is transitioning its oracle services from WINkLink to Chainlink, aiming to provide more reliable data feeds for its decentralized finance (DeFi) applications, such as JustLend and JustStable. Additionally, TRON's founder, Justin Sun, has been involved in various activities that have garnered media attention, including the purchase of a $6.2 million banana artwork, which he later consumed during a live stream. These events have contributed to increased visibility and discussions around the TRON ecosystem. Please note that cryptocurrency markets are highly volatile, and it's essential to conduct thorough research and consider current market conditions before making any investment decisions ✅

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SHIB's Price Action Attracts Attention from Crypto Execs Shiba Inu's (SHIB) recent price surge has caught the attention of two prominent crypto executives, with one buying in and the other planning to sell. Recent Purchases Rune Christensen, co-founder of MakerDAO (MKR), made two significant purchases of SHIB tokens: 1. 7.41 billion SHIB tokens on March 1st 2. 17.62 billion SHIB tokens on March 3rd The first purchase was followed by a 60% increase in SHIB's price, and the second purchase led to an additional 20% price jump. Selling Pressure On the other hand, Justin Sun, founder of Tron (TRX), has been accumulating SHIB tokens and storing them in cold storage. However, a recent transfer of $544,400 worth of SHIB tokens suggests that Sun may be planning to sell. Market Reaction Despite the contrasting actions of these two crypto executives, SHIB's price seems to be unaffected. The token's price has continued to surge, with some speculating that the buying pressure from Christensen and others may be outweighing the selling pressure from Sun. Conclusion The recent purchases and potential sale of SHIB tokens by prominent crypto executives have brought attention to the token's price action. While the market reaction is uncertain, one thing is clear: SHIB's price surge has caught the attention of the crypto community, and its future performance will be closely watched.

SHIB’s price action entices these execs – What’s happening? While one founder bought, the other plans to sell. But SHIB does not seem to care. Rune Christensen, co-founder of MakerDAO [MKR] bought 7.41 billion Shiba Inu [SHIB] tokens on the 1st of March. But he did not stop there. According to data AMBCrypto got from Spot On Chain, Christensen bought another 17.62 billion on the 3rd of March. Between the first purchase and the second one, SHIB’s price increased by 60%. Interestingly, moments after he added the latest one, worth $400,000, SHIB’s price jumped by another 20%. However, Christensen is not the only crypto founder involved in interacting with the Shiba Inu token. A few weeks back, Tron’s [TRX] founder Justin Sun accumulated some SHIB and sent them into cold storage. However, a recent post by blockchain security platform PeckShieldAlert, confirmed that Sun had transferred $544,400 worth of.

Chainlink formed a double-bottom pattern, pointing to a potential rebound, as signs showed that some whales were accumulating the token. Chainlink, the biggest oracle provider, bottomed at $20.12 on Friday and rebounded to $22.50 on Sunday, Dec. 22. Still, the coin remains about 27% from its highest point this month, meaning that it is in a bear market. A potential catalyst for the $LINK token is that whales are accumulating it. According to Look On Chain, nine new wallets withdrew 362,380 coins from Binance in the last two days. These coins are now valued at over $8.19 million. Crypto news reported last week that another whale accumulated 65,000 $LINK coins valued at $1.8 million These whales bought Chainlink a week after World Liberty Financial (WLFI), the DeFi platform launched by the Trump family, bought over 78,300 $LINK tokens valued at over $1.7 million. It’s worth noting that President-elect Trump and his family mostly own WLFI tokens. Chainlink, known in the crypto industry for its fundamentals, is the biggest oracle in the sector with over $35 billion in total value secured. That figure is higher than its biggest competitors like Chronicle, Pyth, Edge, and Redstone. Chainlink’s ecosystem will likely grow as more chains and networks embrace its technology. Justin Sun’s Tron, the most recent chain to use its oracles, has switched from WINKLink to Chainlink. Chainlink has also formed major partnerships in the Real World Asset tokenization industry, including by companies like Coinbase, Emirates NBD, SWIFT, and UBS. Chainlink price formed a double-bottom pattern $LINK , like other cryptocurrencies, has dropped sharply in the past few days as concerns about the Federal Reserve remained. The token has remained above the 50-day moving average on the daily chart. Most importantly, it has formed a double-bottom chart pattern at $20.12. This pattern happens when an asset fails to move below a specific price two times. It is one of the most bullish reversal patterns in the market. $LINK has also formed an inverse hammer pattern, a popular reversal sign. Therefore, the coin is likely to bounce back in the next few days as investors target the key psychological at $30, which is about 35% above the current level. On the flip side, the bullish view will become invalid if the coin drops below the double-bottom point at $20.12.