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Tron (TRX) cryptocurrency is showing impressive growth, reaching its highest price since May 2021. Over the past seven days, TRX has increased by 27%, and over the past 24 hours by 11%. This rapid growth is accompanied by a significant increase in trading volume, which in one day reached $ 1.87 billion, showing the highest value since November 2022.

According to the latest data published by the crypto exchange Crypto.com, the number of people who own cryptocurrencies continues to grow. In the first six months of 2024, their number increased by 6.4% and reached 617 million people.

The team of the popular DOGS telegram bot presented detailed information about the tokenomics of the project. According to the published data, 81.5% of the total number of DOGS tokens will be distributed among community users as part of a large-scale airdrop.

One of the key innovations will be the introduction of a pre-market mechanism. This tool will make it possible to prevent market manipulation more effectively and create a more orderly trading environment. According to Bybit’s team, the new mechanism will help reduce the gap between primary and secondary markets.

OKX Racer, a gaming mini-application developed by the largest crypto exchange OKX, continues to gain popularity. In a short time, the number of users of the game has exceeded the impressive mark of 5 million people.

Coin98 analysts found that of the 30 cryptocurrencies added to the Binance exchange in 2024, 29 showed negative performance.

TRON founder and advisor to cryptocurrency exchange Huobi, Justin Sun, has found himself in the spotlight following the recent turmoil in the cryptocurrency market. During the latest downturn, rumors spread across the web that Sun was actively selling off his sizable position in Ethereum (ETH). However, the entrepreneur himself quickly denied these rumors and reiterated his continued commitment to the cryptocurrency industry.

On August 5, the lending platform Aave recorded a record daily revenue of $6 million. This significant profit was the result of massive liquidations of positions on the platform, which totaled $350 million.

Over the past 24 hours, the cryptocurrency market has experienced a significant drop. Bitcoin broke through the psychologically important level of $61,000, reaching a low of $60,505. As of this writing, the price has recovered slightly.

Circle, the company behind USDC, is once again preparing for an initial public offering (IPO). However, unlike the previous attempt, this time the company’s valuation is much lower.