In Brief Justin Sun’s Tron blockchain has embraced the memecoin trend through its SunPump platform. The platform has already launched over 5,500 memecoins and generated significant TRX revenue. Sun predicts the network will soon see a memecoin with a market cap exceeding $1 billion. Tron, the blockchain founded by Justin Sun, is now embracing…
Read more
In Brief The Eigen Foundation, a non-profit organization, has initiated the Season 1 airdrop claims process for its restaking protocol EigenLayer. Community members discovered that Justin Sun, the TRON network founder, received approximately 3.62 million EIGEN tokens. Despite controversies and concerns surrounding the airdrop, EigenLayer plans to make EIGEN tokens transferable by September 30. The…
Read more
Briefly yesterday’s significant decline in the price of the Shiba Inu (SHIB) invalidated a potential break from a long-term pattern. The everyday and 3-day time span both give blended cost activity, while the day to day Relative Strength Record is negative. Whether the Shiba Inu cost breaks out from the drawn out channel or gets…
Read more
In a word DeFi convention AAVE people group are deciding on a proposition to stop Genuine USD’s pool on the stage in light of the new issues encompassing it. TUSD has deviated twice from its dollar peg due to concerns that it might be exposed to Prime Trust, a troubled crypto company. A member of…
Read more
Sun sent the tweet in response to a Bloomberg News report on April 1 that stated that the founder of Tron was planning to “raise funds” by selling an undisclosed stake in Huobi Global. Justin Sun denied reported rumors about him being in talks to sell a stake in crypto exchange Huobi Global — calling them…
Read more
