TRX

Tron DAO Reserve buys $50M of Bitcoin and TRX to add to USDD reserves

Tron DAO Reserve buys $50M of Bitcoin and TRX to add to USDD reserves

advertisement Tron DAO Reserve, which manages algorithmic stablecoin USDD, said on Saturday that it had bought $50 million worth of Bitcoin (BTC) and Tron (TRX). The purchase was announced in a tweet saying it was meant to “safeguard the overall blockchain industry and crypto market.” Following the collapse of Terra’s algorithmic stablecoin in May, Tron …

Tron DAO Reserve buys $50M of Bitcoin and TRX to add to USDD reserves Read More »

TRON: TRX saw high volatility in May, but the bulls could be in the driving seat

TRON [TRX] saw high volatility in May, could bulls be in the driving seat

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The TRON DAO acquired millions of dollars worth of Bitcoin and TRX to safeguard the algorithmic stablecoin USDD. This saw a large spike in the market capitalization of the coin, as prices soared in the …

TRON [TRX] saw high volatility in May, could bulls be in the driving seat Read More »