Justin Sun, the founder of TRON (TRX), injected $ 220 million on June 15th to buy TRX crypto tokens at Binance. This move occurs after USDD Stablecoin, managed by TRON DAO Reserve, withdraws 2.5 billion TRX from Binance after losing a 1: 1 peg against the US dollar. Despite these moves, USDD has not fully recovered its pegs and is trading at $ 0.9708 at 8:50 am, according to Coinmarketcap data.
Meanwhile, Swiss-based luxury watch company TAG Heuer has introduced a new feature that allows users to set non-fungible tokens (NFTs) as watch faces for their smartwatches. This feature was first enabled on Tag Heuer’s Calibre E4 smartwatch and leverages Metamask, a crypto NFT storage wallet provider.
For more information, please visit https: //t.co/f0Jemd317O. pic.twitter.com/5DpTX27zCo
— TAG Heuer (@TAGHeuer) June 17, 2022
The market capitalization of cryptocurrencies in the world decreased by 1.01% to $ 88.53 billion at 8:50 am. However, according to Coinmarketcap data, the amount of cryptocurrencies in the world decreased by 22.61% to $ 58.77 billion.
Bitcoin (BTC), the world’s oldest cryptocurrency, has been trading at $ 20,443.77, down 0.84% in the last 24 hours. Ethereum (ETH) was down 0.77% to $ 1,081.22.
Among other important coins, Cardano (ADA) fell 0.87% to $ 0.4844, Algorand (ALGO) fell 0.03% to $ 0.3063, and Solana (SOL) fell 1.16% to $ 30.14. It was done. Polkadot (DOT) was down 0.36% to $ 7.20 and Binance Coin (BNB) was down 1.06% to $ 212.14.
Certain percent of volatility is inevitable. Currently, the market volatility rate is within ± 3%, which is acceptable. We monitor the market carefully and act accordingly.
— TRON DAO Reserve (@trondaoreserve) June 17, 2022
Today’s top winner is SpacePigCoin (SPACEPIG), which rose 619.35% to $ 0.000000294. The biggest loser was Etherstones (ETHS), which fell 100% to $ 0.0000001908.
Memecoin and DeFi prices
Dogecoin (DOGE) rose 0.19% to $ 0.05646. The ratio of volume to market capitalization is 0.04781. Rival Shiba Inu (SHIB) was down 0.49% to $ 0.000008127.
Dogelon Mars (ELON) rose 2.68% to $ 0.0000002778, Floki Inu (FLOKI) rose 4.95% to $ 0.000005591, and Samoyed Coin (SAMO) rose 3.28% to $ 0.004115.
In the DeFi segment, YFI (yearn.finance) was down 2.06% to $ 4,661.84 and Terra Classic (LUNC) was up 0.06% to $ 0.00005838. Avalanche (AVAX) was trading down 2.15% to $ 15.90, Uniswap (UNI) was down 1.75% to $ 3.94, and Aave (AAVE) was down 2.64% to $ 56.03.