Crypto Market Update: TRON vs Shiba Inu, Dogwifhat’s Volatility, and BlockDAG’s X1 App Launch
The crypto world is always on the move, and this week has been no different. Here’s a quick rundown of some of the key happenings:
TRON Surpasses Shiba Inu
TRON (TRX) has overtaken Shiba Inu in the market rankings, adding fuel to the ongoing “TRON vs Shiba Inu” rivalry. TRON’s founder, Justin Sun, has been actively buying Ethereum, contributing to this shift. TRON’s use of the TRC-20 network to handle large volumes of USDT has also contributed to its market cap, which now sits at $10.59 million, surpassing Shiba Inu by 3.7%.
Dogwifhat’s Price Fluctuates
Dogwifhat’s price has been experiencing the volatility typical of meme coins. It has fallen by 16% in just one day, with liquidations impacting leveraged bets in the market. Despite a pessimistic outlook for the coin, it’s worth noting that it has surged by 1,057% over the past year. The future of Dogwifhat remains uncertain.
BlockDAG Launches X1 App on Apple Store
BlockDAG is making waves in the crypto mining space with the launch of its X1 Miner App on the Apple Store. This innovative app allows users to mine up to 20 BDAG coins daily from their smartphones using an energy-efficient consensus algorithm. The app is user-friendly, with a simple interface and a referral program. Mining begins immediately on the Devnet, providing a quick entry point into the world of crypto mining. BlockDAG’s X1 App has been a major success, with presale reaching $59.2 million. This impressive achievement positions BlockDAG as a top contender in the crypto presale space.
Key Takeaways
- TRON’s rise above Shiba Inu in the market standings adds a new chapter to their ongoing rivalry.
- Dogwifhat’s price has been volatile, with a sharp decline in recent days.
- BlockDAG’s X1 App launch has been a major success, with presale reaching $59.2 million, demonstrating strong investor confidence.
As always, it’s important to do your own research before making any investment decisions.
