Today, we look at three of the most popular cryptocurrencies: Tron (TRX), Polkadot (DOT), and the trending presale token InsanityBets (IBET). Where should you put your trust into? Let’s find out!
It’s been a while since Tron (TRX) updated us with impressive network news. On March 13th, a blockchain tracking site reported Tron’s revenue hitting a daily transaction value worth $2.32 million – double its usual size.
The recent performance came after the passing of the network’s Proposal 83 which aims to change the energy mechanism of smart contracts processed on Tron (TRX) which will raise transaction costs for projects tagged as illiquid.
The news instantly put Tron (TRX) on the daily headlines, along with the presale token InsanityBets (IBET) which has been getting an unexpected amount of demand lately.
Despite the recent news, TRX failed to respond positively and declined more than 5% to $0.0143 in the daily charts. Analysts say it’s not time to buy Tron (TRX) yet as its fundamentals scream “danger!” at the moment.
Polkadot (DOT) has updated the joining of its parachains Stella Swap, Squid, and Axelar Network to form better cross-chain functionality and interoperability in the Moonbeam ecosystem.
The new move is expected to bring better cross-chain functionality, resulting in a better overall user experience.
The news quickly pumped Polkadot (DOT) price which is up 1.39% to $10.73 in the 24-hour charts. It has recovered 85% in just a month – its strongest performance so far since the beginning of the year.
On the other hand, its daily chart is beginning to form a bearish rising wedge pattern – an indication of lukewarm trading ahead. For those looking for a better token to buy at this time, you might want to look at InsanityBets (IBET).
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The presale opportunity starts at an astounding $0.001, set to skyrocket to $0.018, offering an incredible 1700% gain. This game-changing platform leverages Chainlink VRF for RNG, guaranteeing fairness and transparency.
Dive into the future of online betting where you can play during the presale and win big prizes, all while benefiting from a meticulously designed tokenomics system that ensures sustained growth and minimal sell pressure.
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