Tron (TRX) has recently gained significant attention due to Tether’s minting of $1 billion USDT on its network, enhancing liquidity and solidifying TRX’s role in the stablecoin ecosystem.
This substantial minting underscores TRX’s efficiency and scalability, attracting major stablecoin issuers. As Tether’s USDT supply on TRX now exceeds $59 billion, it highlights the network’s capacity to handle large-scale transactions seamlessly.
This development positions TRX for potential growth, making it a cryptocurrency to watch in the coming months. BeerBear, an emerging memecoin on the Solana blockchain, also stands to benefit from the increased attention to stablecoins and their underlying networks.
Bullish Price Prediction: TRX Poised for Surge
The recent $1 billion USDT minting on the Tron network has sparked optimism among investors, with many anticipating a bullish surge in TRX’s price.
Justin Sun, founder of Tron, has stated that Tron aims to “build the infrastructure for a truly decentralized internet.” This vision aligns with the recent influx of stablecoins like USDT onto the Tron network, reinforcing its growing prominence in the blockchain space.
TRX’S Technical Indicators: A Positive Outlook
Source: CoinDesk
According to CoinCodex, TRX is projected to reach $0.306887 by April 27, 2025, representing a potential increase of approximately 30.88%. Technical analysis further supports this positive outlook.
Technical analysis reveals bullish signs for TRX:
- Moving Averages: The 50-day moving average has crossed above the 200-day moving average, indicating a bullish crossover.
- Relative Strength Index (RSI): The RSI stands at 65, suggesting that TRX is in the overbought territory but still has room for upward movement.
- MACD: The Moving Average Convergence Divergence indicator shows a positive divergence, reinforcing the bullish sentiment.
These indicators collectively point towards a continued positive trajectory for TRX, especially with the increased stablecoin activity on the network.
The surge in stablecoin activity on the TRON network is not limited to TRX. Emerging cryptocurrencies like BeerBear (BEAR), a memecoin on the Solana blockchain, are also poised to benefit. BeerBear brings together crypto enthusiasts, beer connoisseurs, and dad joke scholars, offering a unique blend of community and utility
BeerBear: The Rocket to Rapid Profits Is Here! 🐻🚀
The Clock is Ticking — Stage 5 is Live! BeerBear’s presale is in full swing, with Stage 5 now live at just $0.0005 per token. Every second you wait is a missed opportunity for up to 1800% ROI. Prices started at an incredible $0.0001, but they’re climbing fast as early-stage discounts vanish. Act now to secure your spot — don’t miss your chance!
Rapid Growth, Instant Profits
BeerBear isn’t just another token – it’s a high-speed ticket to quick gains. With a limited supply and demand skyrocketing, early buyers stand to gain the most. Don’t wait for tomorrow – today’s entry price could double by the next presale stage.
Gamify Your Gains
Dive into BeerBear’s upcoming Beat ’Em Up game, inspired by arcade classics like Double Dragon and Battle Toads. Smash through enemies, level up your character, and unlock real-world rewards like NFTs and bonus tokens. Every fight counts, and every victory adds to your wallet.
Beer Points Reward System
- Earn 6%-12% Beer Points based on the size of your token purchase:
- Small contributions ($10-$250) earn 6% in Beer Points.
- Medium contributions ($1,000-$2,500) earn 9% in Beer Points.
- Large contributions ($10,000+) unlock the MAXIMUM REWARD in Beer Points.
- Use Beer Points to access exclusive perks like NFTs, in-game upgrades, and airdrops.
- Example: A $700 purchase earns 5,600 Beer Points, boosting your potential bonuses and rewards.
USDT-BSC Multi-Level Referral Program
- Earn up to 9% for direct referrals, with additional bonuses for referrals made by your network.
- Share your referral link and turn every connection into passive USDT income.
- Weekly payouts ensure your rewards arrive fast – no waiting around.
- Start small or go big, and watch your network generate consistent profits!
Don’t Miss the x500 Potential – Grab Your $BEAR and Cash In Big!
Visit beerbear.io to grab your tokens, join the fight, and make this presale the best investment of your crypto journey. With BeerBear, every day is a chance to win big — and have a laugh doing it!
Conclusion
The recent $1 billion minting of USDT on the TRON network by Tether is a pivotal development that enhances liquidity and positions TRX for potential growth.
Technical indicators support a bullish outlook for TRX, while emerging cryptocurrencies like BeerBear are already starting to benefit from the increased stablecoin activity.
To find out more about BeerBear click the links below:
Website: https://beerbear.io
Twitter/X: https://x.com/BeerBear_Meme
Telegram: https://t.me/beerbear_meme
Disclaimer:
This page contains sponsored content provided by an external source. The content is for informational purposes only and should not be considered financial or investment advice. The views expressed are those of the sponsor or author and do not necessarily reflect the opinions of NewsWatchTV. Readers are strongly encouraged to conduct independent research and consult with a financial expert before making any investment decisions. NewsWatchTV is not responsible for the accuracy of the information provided or any losses or damages arising from reliance on this sponsored content.
