{"id":1777,"date":"2024-08-28T18:20:12","date_gmt":"2024-08-28T18:20:12","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=1777"},"modified":"2024-08-28T18:20:12","modified_gmt":"2024-08-28T18:20:12","slug":"tron-trx-and-dogecoin-doge-placed-in-this-prestigious-ranking-details","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=1777","title":{"rendered":"TRON (TRX) and Dogecoin (DOGE) Placed in This Prestigious Ranking: Details"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

TRON was among the most talked-about crypto topics in the last week due to various potential reasons.<\/span>
\nAI-related cryptocurrencies and the GameFi sector also gained attention, with several tokens experiencing significant price increases over the same period.<\/p>\n

<\/a><\/span><\/h2>\n

Those Making the Biggest Waves<\/h2>\n

According to crypto analytics platform Santiment, <\/span>the top 3<\/span> crypto social narratives that have <\/span>created<\/span><\/a> the most <\/span>impression<\/span> in the last seven days <\/span>include bitcoin\u2019s price, TRON, and Dogecoin<\/span>.<\/span><\/p>\n

The valuation of the leading digital asset passed through numerous ups and downs throughout that period. While BTC was worth less than $60,000 a week ago, it registered a substantial rally between August 23 and August 26.<\/span><\/p>\n

Its uptick happened shortly after the Chairman of the US Federal Reserve, Jerome Powell, <\/span>said<\/span><\/a> the time for lowering <\/span>the<\/span> interest rates in the biggest economy <\/span>has<\/span> come. He stated that the exact timing and pace of the effort <\/span>will<\/span> depend on \u201cincoming data, the evolving outlook, and the balance of risks.\u201d<\/span><\/p>\n

Following the announcement, BTC\u2019s price crossed $62,000, continuing the uptrend in the next few days to reach almost $65,000.<\/span> The positive performance could have <\/span>been further fueled<\/span> by Robert F. Kennedy\u2019s <\/span>decision<\/span><\/a> to withdraw from the US presidential elections and endorse Donald Trump. <\/span><\/p>\n

The former political leader of America has recently shown a pro-crypto approach, with many industry participants believing the sector would thrive should he emerge victorious after the elections this November.<\/span><\/p>\n

However, BTC could not <\/span>keep the<\/span> momentum, plummeting<\/a> to $58,000 several hours ago before rebounding to its current level of approximately $60K (per <\/span>CoinGecko\u2019s<\/span> data).<\/span><\/p>\n

<\/a>BTC Price, Source: CoinGecko<\/p>\n

TRON has also made the headlines<\/span>, with the<\/span> price of TRX \u2013 the native token of the blockchain protocol \u2013 soaring to a 40-month high<\/span>\u00a0of almost $0.17 on August 26<\/span>.<\/span> As <\/span>CryptoPotato<\/span><\/em> reported<\/span><\/a>, the rally positively affected investors in the asset, with <\/span>100% of them sitting on paper profits at the time.<\/span><\/p>\n

Another factor placing TRON in the spotlight might be <\/span>the launch<\/span><\/a> of thousands of meme coins on SunPump (a platform associated with Justin Sun that allows users to create tokens in minutes). The biggest coin of that type is <\/span>currently<\/span> Sundog (SUNDOG), whose market cap surpassed $250 million.<\/span><\/p>\n

Dogecoin has not been involved in any breaking news in the last week, <\/span>while<\/span> its price has retraced by 3% during <\/span>that period. However, <\/span>it seems like the token remains<\/span> one of the most popular topics in the crypto space.<\/span><\/p>\n

This<\/span> could be so because of its strong community, millions of investors, and high-profile endorsements in the past. Those following the industry\u2019s developments must be aware that DOGE is the favorite cryptocurrency of Elon Musk, who often highlights its merits.<\/span><\/p>\n

What Else Is on the List?<\/span><\/h2>\n

Artificial Intelligence (AI) and GameFi rounded up Santiment\u2019s top 5 <\/span>club<\/span>. <\/span>AI-related cryptocurrencies have performed <\/span>quite<\/span> well on a seven-day scale, with <\/span>the prices of some of the leaders<\/span> skyrocketing by double digits.<\/span><\/p>\n

Artificial Superintelligence Alliance (FET), for example, exploded by almost 50%, reaching a local top of $1.47 on August 27. <\/span>Currently,<\/span> it trades at around $1.32, representing a whopping 550% increase since August 2023.<\/span><\/p>\n

<\/a>FET Price, Source: CoinGecko<\/p>\n


\nThe GameFi niche has also witnessed a substantial resurgence. The <\/span>biggest<\/span> tokens of that type \u2013 Immutable (IMX) and Floki Inu (FLOKI) \u2013 saw their prices rise by 23% and 25% (respectively) in a week. Beam (BEAM), GALA (GALA), and ApeCoin (APE) are also up, albeit in a more modest fashion.<\/span><\/p>\n

The post TRON (TRX) and Dogecoin (DOGE) Placed in This Prestigious Ranking: Details<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR TRON was among the most talked-about crypto topics in the last week due to various potential reasons. AI-related cryptocurrencies and the GameFi sector also gained attention, with several tokens experiencing significant price increases over the same period. Those Making the Biggest Waves According to crypto analytics platform Santiment, the top 3 crypto social narratives […]<\/p>\n","protected":false},"author":0,"featured_media":1778,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/1777"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1777"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/1777\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/1778"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}