Like Terraform Labs UST stablecoin, Justin Sun said Tron will launch such an asset backed by cryptocurrency holdings Tron founder Justin Sun has declared plans to launch a decentralized algorithmic stablecoin called USDD on the TRON blockchain network. In an open letter on Thursday (April 21, 2022), Sun disclosed that USDD will be “a fully […]
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DeFi Altcoin Predicted For a 10X Rally
Crypto analyst under the alias name Credible Crypto believes that there is one decentralized finance (DeFi) altcoin that could see a 10x rally in its prices. The analyst informed his Twitter followers, that the short-term price action of the Curve Dao token (CRV) doesn’t worry him. CRV is a governance token of Stablecoin-focused decentralized exchange […]
Breakout in Polkadot is Imminent
Justin Bennett, a popular crypto strategist, and trader believe that for Polkadot (DOT) a strong breakout is about to happen. In a strategy session, Bennett said that “DOT price action is coiling as it continues to trade within the bullish pattern. Bennett believes that DOT will soon end its downturn and will make a breakthrough. […]
An Insight into Avalanche
Avalanche, like Ethereum, is a layer 1 blockchain network that provides a platform for the tokenization of digital assets and smart contracts. This blockchain network is compatible with many other blockchains. In the Avalanche network transactions are processed within seconds and they provide a high safety threshold. Understanding Avalanche Avalanche, a platform for decentralized financial […]
Reason for Price Fluctuation in Bitcoin
Bitcoin, in recent years, has become one of the most attractive assets for investors. Being so popular and innovative, people still are unable to understand its working and price variations. Even experts are unable to identify the reasons behind this variation (both upwards and downwards) in the prices of Bitcoin. Bitcoin Value Variation Value variation […]