Tron CEO Receives Reward from EigenLayer Airdrop
Tron’s CEO, Justin Sun, was recently awarded a significant reward from the EigenLayer airdrop. An anonymous address, believed to be linked to Sun, ranked second in terms of deposit volume for the airdrop. Prior to receiving this reward, the address had made substantial contributions to the EigenLayer ecosystem, with a deposit worth over $469 million based on current ETH prices. This news led to a moderate increase in Tron’s price, with TRX rising by 4.90% from $0.120 per TRX on May 2 to $0.126 per TRX on May 10. However, experts predict that Tron may experience a decline in the coming weeks due to its low mainstream adoption. They estimate that Tron could fall to $0.087 by the end of June. On the other hand, bullish analysts believe Tron could reach $0.36 in mid-June, thanks to the increase in transaction volume within the Tron ecosystem.
Giorgio Zinetti Joins Cardano Foundation as CTO
The Cardano Foundation has appointed Giorgio Zinetti as its Chief Technology Officer, a significant step towards strengthening its technical leadership. Zinetti will lead Cardano’s efforts to scale its growing product and project pipeline while leveraging open source. Following this announcement, the price of ADA, Cardano’s cryptocurrency, rose by 2.25% from $0.45 on May 3 to $0.46 on May 10. However, despite this positive news, experts believe that ADA may experience a decline due to a decrease in trading volume, with a bearish turn expected to reach $0.33 by the end of May. On the other hand, some Cardano experts remain optimistic about the future of ADA, citing increased interest from investors and institutional investment. They predict that ADA could reach $1.10 in June.
Rebel Satoshi Emerges to Defend the Investor Revolution
Rebel Satoshi continues to attract interest from investors and traders, despite the presence of more well-known cryptocurrencies like TRX and ADA. Rebel Satoshi aims to disrupt centralized markets and enable decentralized control, aligning with the principles of the decentralized revolution. Built around the coins $RBLZ and $RECQ, Rebel Satoshi’s dual token ecosystem offers membership and governance through $RBLZ, while $RECQ serves as the utility and gas token. The pre-sale of $RBLZ raised over $2.5 million, with the price increasing by 150% from $0.010 to $0.025. The pre-sale of $RECQ is currently ongoing, with Step 2 offering the token at a rate of $0.0044. In Step 3, the token will be sold for $0.0055, a 25% premium over the Early Bird presale price. For more information, visit the Rebel Satoshi official website or contact Rebel Red via Telegram.
Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
Editor’s Choice: 6 Underrated Cryptos Ready to Emerge in 2024. Earn while playing: the best app to play and earn money.
