The post Tron (TRX) Surges 25% In a Week; Dogecoin (DOGE) Investors Shift Focus To A New Altcoin Already Delivering 110% Gains appeared on BitcoinEthereumNews.com.

TRON and Dogecoin have long been established as large-cap altcoins. However, both tokens have seen their all-time highs come and go in bull runs past. Nevertheless, Dogecoin and TRON price predictions for 2024 pale in comparison to fast-rising new altcoin Rollblock. Early presale joiners are already up by 110% from Rollblock’s launch price of $0.01—and analysts believe the new altcoin has an unlimited upside potential to moon by the end of the year. TRON price records solid 25% gain in the past 7 days TRON is enjoying a solid resurgence in August, with TRON price retaining its value quite remarkably even as Bitcoin crashed to $50,000 at the beginning of the month. Besides posting a 25% gain in the past week, TRON has turned in a 13% gain in the past month. This is indicative of TRON’s growing influence as a fast, low-cost Layer-1 platform and major stablecoin platform facilitating global payments. The TRON ecosystem has also grown by leaps and bounds in the past month, with the L1 platform hosting a thriving new altcoin and meme coin sector. However, price predictions for EOY 2024 are hamstrung by its $13 billion market cap. Dogecoin continues bearish run in August Dogecoin remains firmly among the top 10 cryptos by market cap, serving as an “index” of sorts for the Ethereum meme coin sector. However, it has been steadily losing ground and share to new altcoin and meme coin projects with greater upside potential ever since peaking in 2021.  The fact is, no one buying Dogecoin in 2024 is expecting it to recreate its parabolic 2021 run anymore. After all, Dogecoin is already sporting a $15 billion market cap. This severely limits any potential for Dogecoin to come anywhere even remotely close to doing a 2x from its current price of $0.10.…

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Filed under: News - @ August 24, 2024 11:21 am