Tron (TRX) Founder Reduces Fee on SunPump By 50%

According to a recent tweet by Tron Founder Justin Sun, the Tron network has decreased gas fees on SunPump by 50%. The founder encouraged users to

Cryptocurrency prices have been on a roller coaster ride lately. After reaching all-time highs in 2021, the market crashed earlier this year. But now, some coins are starting to show signs of recovery.

One coin that has been performing well lately is Tron (TRX). TRX prices have been rising steadily over the past few weeks. And now, the Tron founder is making a move that could help TRX prices continue to rise.

According to a recent tweet from Justin Sun, the Tron founder, Tron has decreased gas fees on SunPump by 50%. The founder is encouraging users to make use of this low cost and reminding everyone that the team is working on more developments to increase daily transactions and increase market share.

Before now, the transaction fee for SunPump was 0.76 TRX per transaction. The 50% drop in gas fees makes SunPump highly competitive, especially for users who want to make multiple transactions in a single day.

Meanwhile, the Tron coin is currently trading above the 50-Day SMA ($0.136319). The cryptocurrency has recorded 19 green days out of 30 days. Within this period, the market cap of Tron crypto has been fluctuating between $10 and $15 billion. According to analysts, the price of the cryptocurrency might surge to 0.170451 soon.

In other news, a recent tweet from Whale Alert, the transaction tracker, revealed that Ripple whales dumped 106.2 million XRP tokens lately. This dump comes after the Ripple price dropped below the 50-Day SMA ($0.571627).

However, it is still above the 200-day SMA ($0.547197). In the past month, XRP has been in a tight range, with its market cap fluctuating between $28 and $34 billion. This means the Ripple coin is in an uptrend and could return above the 50-day SMA any time soon.

Presently, Ripple's Relative Strength Index (RSI) remains neutral, signaling that it is neither in the oversold area nor in the overbought zone. In terms of future price movement, analysts forecast Ripple crypto price could soar to $0.719713 soon.

Several new presales have entered the crypto market in the past year. But only a few have lived up to expectations. Among the best performing presales is Intel Markets, an AI-powered crypto trading platform. The project has amassed over $190k in funding just days after its presale was unveiled.

One of the most interesting features of Intel Markets is its trading bot. This bot serves various purposes, including market analysis, interpretation, and prediction. In addition to this, Intel Markets is a dual-chain exchange that aims to address the challenges in the $36.5 billion crypto trading arena.

Some of the complaints from investors include low liquidity, slow transaction speed, and a lack of proper security. The dual architecture system helps to overcome these challenges. Through Solana and Ethereum blockchains, traders benefit from fast, cheap, and secure transactions.

Moreover, Intel Markets also features advanced trading tools like charting software and customizable indicators. According to analysts, the INTL token price is expected to pump by 1,100% soon.

Discover More About Intel Markets:

Presale: https://intelmarketspresale.com/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets