The series of SEC suits against crypto exchanges has sent shockwaves throughout the coin market, causing many projects to decline in value. Projects like Tron (TRX) are experiencing a reduction in new investors.
However, the new project Uwerx seems unfazed by the chaos and has become a ray of hope for investors seeking gains. This article discusses its features and how it aims to outperform Tron (TRX) before the end of this year.
Tron (TRX) Fails To Record Gains
The past 24 hours have not favored Tron (TRX). The project is on a bearish trend, declining by 0.81% in the last 24hrs. Tron (TRX) trades at $0.069, representing a 1.95% decrease in the past seven days. Tron (TRX) holders are optimistic about the coin’s future even though analysts believe the project does not show signs of being a lucrative short-term investment. Analysts have predicted Tron (TRX) to trade at $0.12 in 2024, yet they believe the recent SEC lawsuit could threaten this prediction.
Arkham Platform Joins The Tron (TRX) Network
TRON (TRX) is a decentralized blockchain-based system created to give content creators full ownership rights to their content. Tron (TRX) entered the top 10 crypto ranking on June 9, 2023. This marked a significant milestone for the project.
The project announced on June 13 that the daily active accounts on its network had surpassed 4.55 million, marking a record high from the start of the year.
Following this, Tron (TRX) formed a strategic partnership with DWF Labs. The partnership will see DWF Labs become a liquidity provider for Tron (TRX).
On June 19, 2023, Tron (TRX) announced that Arkham, the pioneering platform for “Tota
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Author: Crypto Daily