TRX Flips DOGE While TRON Races #8 Fueled by USDT Volume, IPO Momentum
The post TRX Flips DOGE While TRON Races #8 Fueled by USDT Volume, IPO Momentum appeared on BitcoinEthereumNews.com.
Key Notes TRX market cap reached $25.9 billion, positioning it $500 million above Dogecoin’s current valuation. TRON processes over 65% of global USDT transactions with daily volumes reaching $2-3 billion on major exchanges. Technical analysis shows TRX consolidating in a descending triangle pattern with potential breakout above $0.2760. TRON’s TRX has overtaken Dogecoin to become the eighth-largest digital asset by market cap, according to CoinGecko. TRX $0.27 24h volatility: 0.2% Market cap: $25.89 B Vol. 24h: $521.70 M is trading around $0.2731 with a market cap of $25.9 billion, now sitting over $500 million above Dogecoin’s $25.03 billion. TRX overtakes DOGE to rank #8 by market cap | Source: CoinMarketCap The rally comes amid increasing USDT $1.00 24h volatility: 0.0% Market cap: $155.94 B Vol. 24h: $42.96 B activity on the network and growing excitement over TRON’s upcoming public listing via a $210 million reverse merger with SRM Entertainment. USDT Volume And IPO Buzz Drive TRON’s Market Cap Gains TRX has gained more than 130% in the past year, while DOGE $0.16 24h volatility: 3.9% Market cap: $24.25 B Vol. 24h: $980.80 M has dropped over 25% in the past month as meme coin interest continues to fade. TRON’s growing real-world use cases, especially in emerging and developing markets through USDT transfers, are reinforcing its momentum. According to CryptoQuant, TRON processes over 65% of total on-chain USDT activity, with Binance alone handling $2 billion to $3 billion daily. The TRON DAO emphasized that USDT activity is now global, not just emerging-market-driven. Analysts suggest TRON’s infrastructure could rival traditional payments networks in regions like Latin America. Meanwhile, DOGE is facing more than 80% decline in weekly trading volume, signaling investor shift toward utility-based projects like TRON. USDT on #TRON is scaling both ends of the global financial spectrum. 🌐 Over 662K…
Filed under: News - @ June 20, 2025 5:29 pm