Tron’s TRX token has captured headlines with its remarkable rally, climbing 85% within a single day to break its previous all-time high of $0.23 and reaching a peak of $0.43, according to CoinGecko data. As of press time, TRX trades around $0.33, marking a 20% increase over the past 24 hours. Its market capitalization has also surged from $19 billion to $36.7 billion, cementing its position as one of 2024’s best-performing cryptocurrencies. TRX seven-day price chart. Source: Finbold Over the past 30 days, TRX has gained over 98%, with a 220% increase since the start of the year. What’s driving Tron’s rally? The sharp rally comes amid a broader market recovery in altcoins, even as Bitcoin ( BTC ) and Ethereum ( ETH ) remain relatively flat. Other altcoins, including IOTA ( MIOTA ), also posted significant gains, benefiting from increased trading volumes and market enthusiasm. Adding to the momentum, Tron’s founder, Justin Sun, has been at the center of several high-profile moves. These include his role as an advisor to World Liberty Financial (WLFI), supported by Donald Trump, following his $30 million investment in WLFI tokens. Sun’s acquisition of a famed banana artwork at Sotheby’s and comparisons of TRX to Ripple’s XRP have further fueled excitement around the token. Tron ecosystem thrives amid bull run The Tron ecosystem has been thriving amid TRX’s price rally. Ecosystem tokens and memes have surged by an impressive 35% on average, with some achieving gains of up to 100%, according to recent data. Standout performers include Sunlion, which skyrocketed by 139.9%; Topcat, which climbed 114.8%; and FoFar, which increased by 90.2%. In addition, according to DefiLlama , the total value locked (TVL) on Tron-based protocols soared to $12 billion, highlighting the growing adoption of decentralized applications within the network. Derivatives market signals bullish sentiment The surge in TRX’s price is supported by robust activity in the derivatives market. Data from CoinGlass reveals a significant surge in TRX’s market activity. Open interest in TRX futures jumped 90.94% to $434.78 million, while 24-hour trading volume exploded by 518.32% to $8.77 billion. Binance ‘s long/short ratio for TRX/USDT stands at 1.9949, with top traders holding a more bullish position at 2.2626. These metrics indicate that traders are overwhelmingly optimistic about further price gains for TRX. TRX Derivatives data. Source: CoinGlass AI predicts TRX year-end price To gauge TRX’s future potential, Finbold leveraged market data and consulted ChatGPT -4o to analyze its prospects. According to the AI model, TRX is projected to close 2024 trading between $0.42 and $0.48, depending on market conditions and investor sentiment. ChatGPT outlook on TRX. Source: ChatGPT/Finbold This range accounts for possible profit-taking and short-term corrections but underscores the strong momentum behind the token. Should the Tron ecosystem continue expanding and market interest remain high, TRX could even test the $0.50 mark by year-end. Featured image via Shutterstock The post AI predicts Tron (TRX) price for year-end appeared first on Finbold .
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Invest in Qubetics Today as Price Increases Weekly—Best Crypto Opportunity Amid Toncoin’s Mainstream Push and EOS’s Momentum
Have you noticed how some cryptocurrencies are redefining the future of finance while others fizzle out? Recently, Toncoin and EOS have grabbed attention with their strong comebacks, setting benchmarks in scalability and adoption. Toncoin is riding high after its seamless integration with Telegram’s Web3 wallet, while EOS has surged thanks to a major tokenomics overhaul. But the real question is, can these projects keep up with the growing demands of the digital economy? Qubetics ($TICS) is a blockchain project transforming the cross-border payment landscape, addressing challenges like high fees, delays, and lack of transparency. By tackling these inefficiencies head-on, it is solving real-world financial issues that have often been overlooked. With its presale now in the 11th stage, Qubetics offers investors an exciting opportunity to secure early-stage returns with significant growth potential. Here’s a closer look at how these altcoins compare. Qubetics ($TICS): Redefining Cross-Border Payments With Speed, Security, and Affordability Qubetics ($TICS) isn’t just a cryptocurrency; it’s a practical solution for global financial challenges. Picture a small business owner in Los Angeles importing artisan goods from Europe. Traditional payment methods would mean waiting days for transfers and losing profits to high bank fees and currency conversions. Qubetics offers instant settlements, drastically reducing delays and costs. Now think about freelancers. A graphic designer in Toronto working for clients in Singapore can skip the headaches of delayed international wire transfers. Payments are processed swiftly and securely through Qubetics’ blockchain-based system, improving cash flow and client satisfaction. Families sending remittances? They can rely on the platform to make sure their hard-earned money reaches loved ones fast, without burning a hole in their wallets. With transparency, speed, and affordability at its core, Qubetics transforms how people and businesses move money globally. If you’re curious about its functionality, check out this video for more insights. Why Qubetics Presale Is the Talk of the Town The Qubetics presale is more than just an investment; it’s an opportunity. Now in its 11th stage, over 266 million $TICS tokens have already been sold, raising more than $4.3 million from 6,200 holders. At $0.0282 per token, the presale offers an entry point that’s hard to ignore. Each week, the price increases by 10%, with the next stage starting Sunday at midnight. What makes this even more exciting are the returns. Analysts predict that by the end of the presale, $TICS will be priced at $0.25—a whopping 783% ROI. Post-presale, the token is expected to hit $1 (3,434% ROI) and could soar to $15 after the mainnet launch, offering an eye-watering 52,912% ROI. For example, if someone invests $2,000 now, they could see their investment grow to $105,824 if these projections hold true. Toncoin Keeps Growing Its Ecosystem Toncoin, the powerhouse behind The Open Network, is leveraging its ties to Telegram to create a massive Web3 ecosystem. With over 700 million active Telegram users potentially engaging with its Web3 wallet, Toncoin is set for mainstream adoption. The token has already seen a 27% price jump since late November, bringing its market cap to a hefty $15.3 billion. This surge reflects not just market confidence but also Toncoin’s ability to scale efficiently for decentralised apps and financial tools. If this trajectory continues, Toncoin could soon breach the $10 mark, cementing its place as one of the best altcoins to invest in now. EOS Bounces Back With New Upgrades EOS, a blockchain once declared dead by critics, is proving the doubters wrong with its latest updates. The platform has surged by 250% from its yearly low, thanks to its reworked tokenomics and growing appeal among developers. The revamped EOS Network is attracting decentralised applications and partnerships, ensuring it remains a strong player in the blockchain space. For those looking for altcoins with scalability and longevity, EOS is regaining its shine. Conclusion Each of these altcoins—Qubetics, Toncoin, and EOS—offers something valuable for investors and developers. Toncoin is capitalising on its integration with Telegram and its ability to scale, making it a strong contender for widespread adoption. EOS is staging an impressive comeback with revamped tokenomics and renewed interest from developers. However, Qubetics stands out for its ability to address real-world issues, particularly in cross-border payments, while offering investors unparalleled growth potential. With a presale already raising millions and analysts projecting remarkable ROI figures, it’s clear that Qubetics is carving a niche that others have yet to fill. For those seeking innovation with a solid foundation, Qubetics offers a compelling narrative and the potential for significant long-term rewards. For More Information: Qubetics: https://qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . Finbold
Ethereum and Dogecoin Prices Rise as Bitcoin Has Another Close Call With $100K
Bitcoin came within hundreds of dollars of the vaunted $100,000 milestone on Wednesday, with ETH, DOGE, and other assets rising alongside. Finbold