This weekly price review highlights the performance of various cryptocurrencies, including MANTRA, EGLD, NOT, TRX, and DOT. The review covers recent developments and market trends that have influenced their prices.
Points
- MANTRA’s price surge linked to community engagement in Turkey.
- MultiversX’s new partnership boosts EGLD.
- Notcoin’s gaming accelerator introduces new meta.
- TRON’s increased transaction activity drives TRX price rise.
- Polkadot’s integration with Ledger enhances DOT’s appeal.
This week’s price review focuses on several cryptocurrencies, examining their recent performance and the developments that have influenced their prices. Here’s a detailed look at MANTRA, EGLD, NOT, TRX, and DOT.
MANTRA (OM) Price Review
MANTRA’s price surge this week can be attributed to a recent development in the community. On July 5th, the MANTRA community announced the launch of its official MANTRA Turkey 🇹🇷 X account. This move has renewed enthusiasm for the token, driving its price upward.
“We’re thrilled to announce the launch of our official MANTRA Turkey 🇹🇷 X account! Follow @MANTRA_Chain_TR for the latest updates, news, and announcements in Turkish.”
https://twitter.com/MANTRA_Chain/status/1809279584971493577
MultiversX (EGLD) Price Review
EGLD also saw a price increase this week, driven by an announcement on July 3. The MultiversX community stated that community engagement for its projects just got easier thanks to a new partnership with zealy_io. This partnership offers a unified interface for managing quests and other campaigns, boosting community participation and interest in EGLD.
“Community engagement for #MultiversX projects just got way easier. New partnership with @zealy_io offers ecosystem projects a unified interface for managing quests and other campaigns.”
https://twitter.com/MultiversX/status/1808547474216198326
Notcoin (NOT) Price Review
Notcoin (NOT) has also been a top gainer this week, with a 4.8% pump from its previous seven-day price. This rise is linked to the community’s announcement of their Telegram gaming accelerator, which introduced a new meta for gaming. The accelerator aims to expand the use of Telegram mini apps empowered by blockchain, driving interest in NOT.
“Telegram Gaming Accelerator 🕹️ introduces new meta: Telegram mini apps for millions of users, empowered by blockchain.”
https://twitter.com/thenotcoin/status/1808565780667109741
TRON (TRX) Price Review
TRON’s TRX price surged by over 13% in the last 30 days, reflecting growing investor confidence in the cryptocurrency. The TRON network recorded a 6% increase in daily transactions last month, signaling rising user engagement and activity.
“Average daily transactions on #TRON over the last 30 days have been 6.84 million, a 6% increase compared to the previous period.”
https://twitter.com/TRONSCAN_ORG/status/1809491085884084627
Polkadot (DOT) Price Review
Polkadot’s DOT also saw positive movement this week. The community announced that DOT is now on Ledger for cold storage, with universal DOT and para-chain support. This integration enhances DOT’s appeal by providing secure storage options for investors.
“DOT on @Ledger for cold storage with universal DOT and para-chain support.”
https://twitter.com/Polkadot/status/1808511801035751609
解説
- Cold Storage: A method of storing cryptocurrencies offline to protect them from hacking and other security threats.
- Para-Chain: A blockchain that runs in parallel to another blockchain, allowing for increased scalability and interoperability.
This week’s price review highlights the importance of community engagement and strategic partnerships in driving the value of cryptocurrencies. Developments such as MANTRA’s expansion into Turkey, MultiversX’s new partnership, and Polkadot’s integration with Ledger have significantly boosted their respective tokens. Meanwhile, TRON’s increased transaction activity and Notcoin’s innovative gaming accelerator have further fueled positive market movements. As the cryptocurrency market evolves, these factors will continue to play a crucial role in shaping the performance of various digital assets.