Cardano

FTX Token

Dogecoin

<div class="cryptonews">
 <p class="is-style-lead">Dogecoin (DOGE) declined due to heightened network activities, while Tron (TRX) contracted even after partnering with Pundi X. Consequently, investors are now exploring a new decentralized finance (defi) project, BorroeFinance (ROE).&nbsp;</p>
 <h2 class="wp-block-heading" id="dogecoin-falls-despite-rising-network-activities">Dogecoin falls despite rising network activities</h2>
 <figure class="wp-block-image"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/UU-8XHfQ-b-n3nl1aMSlIHuYGIFpWvBDavR8wtSHddHLex9rWoiev_3sqWu6sdDRXi1gON2rpgELJM26uQwk7TQFXIMtpK-EUh9Pw-jKV_cEU7ObrEbNyeMhsx2bsElDF8Q_gISuDBG3t-ce5V-kLl4" alt="Dogecoin and Tron holders jumping ship, consider new coin: here's why - 1">
 </figure>
 <p>There has been a recent increase in activity on the Dogecoin blockchain, with rising transaction volumes attributed to “ordinals” and new tokens created on Dogecoin’s platform. Shibetoshi Nakamoto, the founder of Dogecoin, acknowledged this growth in response to a pseudonymous user.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Netflix director allegedly YOLOs $4m of allocated series budget on Dogecoin
 </div>
 <p>In May 2023, Dogecoin enabled the creation of “DRC-20” tokens on its network. However, many projects launching are struggling with adoption or posting sharp declines.</p>
 <p>Over the past week, the trading activity related to experimental tokens has shifted towards Dogecoin. The total trading volume has fallen by almost 70%, from approximately $830 million to $247 million between Nov. 22 and Nov. 26.&nbsp;</p>
 <p>DOGE prices fell by 2.2% during this time, settling at $0.078.</p>
 <h2 class="wp-block-heading" id="borroefinance-attracts-dogecoin-and-tron-investors">BorroeFinance attracts Dogecoin And Tron investors</h2>
 <p>With the recent struggles of DOGE and TRX, investors are turning their attention to ROE as a potential recovery option.</p>
 <p>BorroeFinance&nbsp;aims to empower web3 users and content creators to generate cash flow from their contributions to the ecosystem.&nbsp;</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Chainlink sharks accumulating, Borroe.Finance gains momentum while Cardano dumps
 </div>
 <p>It has a marketplace where owners of outstanding invoices, subscriptions, and royalties can trade them for funds.&nbsp;</p>
 <p>BorroeFinance mints future earnings as non-fungible tokens (NFTs) and sells them at a discounted price to interested buyers at the seller’s request.</p>
 <p>In stage 2 of the BorroeFinance presale, ROE is trading at $0.015.&nbsp;</p>
 <p>However, with supporters expecting more growth, the project has also been attracting DOGE and TRX investors.</p>
 <h2 class="wp-block-heading" id="tron-partners-with-pundi-x">Tron partners with Pundi X</h2>
 <p>Tron recently partnered with Pundi X, a blockchain-based POS solutions provider, to integrate the XPOS platform.&nbsp;</p>
 <p>The goal is to incorporate digital currencies with conventional commerce, extending the advantages of blockchain technology to a broader range of people.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> TRON targeting top 10 spot, could flip Dogecoin
 </div>
 <p>Users can now easily manage their assets and perform transactions using the XPOS device, which supports the Tron ecosystem, including TRX and TRC-20 tokens.&nbsp;</p>
 <p>Despite this, TRX prices initially fell before recovering. According to experts, the coin might drop to the $0.10 region in the coming sessions.</p>
 <p><strong>Learn more about BorroeFinance (ROE) here:</strong></p>
 <p>Visit BorroeFinance Presale&nbsp;|&nbsp;Join the Telegram Group&nbsp;|&nbsp;Follow BorroeFinance on X</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Cardano may rally; FTX Token and Borroe Finance register gains
 </div>
 <div class="cn-block-disclaimer">
  <div class="cn-block-disclaimer__icon">
   <svg class="icon icon-info" aria-hidden="true"><use xlink:href="#"></use>
   </svg>
  </div>
  <p class="cn-block-disclaimer__content">Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.</p>
 </div> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/dogecoin-and-tron-holders-jumping-ship-consider-new-coin-here-s-why-tbt72158.html">https://thebittimes.com/dogecoin-and-tron-holders-jumping-ship-consider-new-coin-here-s-why-tbt72158.html</a></p>

Dogecoin and Tron holders jumping ship, consider new coin: here’s why

Mục lục

TheBitTimes

Các bài viết khác được xuất bản trên 30 thg 11, 2023

@NFT Account Makes Resounding Return to Instagram

Binance launches the world’s first crypto triparty deal

What is Phoenix Global Coin?

Australia Considers Sector-Specific Codes for Addressing Banking and Crypto Scams

Bitcoin Fight in Bursa!

Microsoft Commits £2.5 Billion Investment in UK Data Centers, Elevating Nation’s AI Ambitions

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!