Tron has exploded 70% today and created a new all-time high (ATH).
Meanwhile, Crypto All-Stars and Just a chill guy are showing all the signs that they could be next to explode.
TRX Hits Highest-Ever Price
Tron experienced a remarkable surge to a new ATH of $0.4407 on Tuesday, fueled by an explosive uptick of almost 100% gains in the past week.
It’s currently trading at $0.3923, up 67% today. It has a market cap of $33.85 billion and a 24-hour trading volume of $15.1 billion.
Tron’s trading volume is equally as impressive as its price gains, having rocketed a whopping 538% in the past 24 hours.
The recent rally has propelled Tron to become the ninth-largest cryptocurrency by market cap, overtaking Avalanche, which currently holds a $22 billion valuation.
Trump Stock Investment, $6.2 Million Banana, and XRP Comparison
Tron’s charismatic founder, Justin Sun, had significantly influenced the coin’s recent growth.
Sun invested $30 million in Donald Trump’s World Liberty Financial (WLF) crypto project in late Novemeber. This made him the largest WLF investor and seems to have bolstered the community’s confidence in Tron’s future.
The Tron founder also made headlines this week by boldly purchasing a piece of banana artwork and then immediately eating it.
And with Sun quickly becoming this month’s “main character,” he used the limelight to compare Tron to XRP, hoping to piggyback on its recent surge in hype.
Indeed, it worked. The tweet was seen over 400K times, and the TRX price reached price discovery shortly after.
But as Justin Sun sends shockwaves through the crypto market and investors scramble to buy his cryptocurrency, other projects are also thriving.
Analyst Miles Deuthscher recently noted that the Altcoin Season Index has hit its highest level since 2022, reflecting the long-awaited growth seen on cryptos this week.
What Cryptos Can Explode Next?
Tron’s recent performance wasn’t down to its technical capabilities. It was all thanks to the project’s ability to garner attention.
Justin Sun made several market-moving publicity stunts that added $17 billion to TRX’s market cap in one week.
Cryptocurrency projects are beginning understand what meme coin teams have known for years: attention is currency.
So, it’s no surprise that some of the strongest emerging cryptos right now are also meme coins.
Crypto All-Stars is leading the way. It’s an innovative blend of utility coin and meme coin, allowing users to stake meme coins and generate passive rewards. It features unique, eye-catching artwork of all the tokens it supports, including Dogecoin, Shiba Inu, Pepe, Brett, and Bonk.
Users can stake these tokens and earn passive rewards, but they must hold $STARS to do so. And the more they hold, the more they can earn.
It’s an innovative setup that gets all the top meme coin communities investing in the same project.
Crypto All-Stars is undergoing a presale and has raised $8.3 million so far. In a recent analysis, the Cryptonews YouTube channel said its price could 100x.
https://www.youtube.com/watch?v=k8i07UC0e6g
Howvever, the $STARS presale ends in 16 days, leaving prospective investors with little time to buy.
Another crypto with a lot of potential is Just a chill guy. The project is based on the viral “chill guy” internet meme, which is popular on TikTok and other social platforms.
Analysts are bullish because CHILLGUY could be a first stop for newcomers to the industry who want to invest in something understandable and relatable.
CHILLGUY is already showing strength, pumping 30%, which places it just 15% from last week’s ATH.
However, with a $500 million market cap and mass market appeal, this token could have a lot more room for growth in the months ahead.
