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49-Bln WIN Airdrop for TRX Owners Kicks Off as Tron Initiates Strategic Partnership with IDAX Crypto Exchange

  • Yuri Molchan
    📰 News

    Tron spreads the word about a partnership with yet another crypto exchange that is to list TRX and that previously added BitTorrent (BTT)

49-Bln WIN Airdrop for TRX Owners Kicks Off as Tron Initiates Strategic Partnership with IDAX Crypto Exchange
Cover image via freepik.com

On August 28, the IDAX virtual exchange announced the new collaboration with Tron resulting in adding support for TRX trading, thus expanding the TRX market and raising the coin’s trading volume.

TRX is to be paired with BTT and WIN as a base currency.

BTT/TRX and WIN/TRX trading is to kick off on August 30.

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WINk airdrop for TRX holders begins

On August 28, the Tron-based WINk network started on a WIN airdrop to TRX holders. The total number of WIN allocated for the airdrop is 49,950,000,000 – that is 5 percent of the coin’s supply.

During the first airdrop today, 141,105 Tron accounts received the coins. Other airdrops will take place on 28th of each month until August 22, 2022.

To be eligible for the airdrop, members of the Tron community need to have a minimum of 100 TRX in their wallets.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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Bitcoin Price Likely to Decline to $7,800: Crypto Analyst

  • Yuri Molchan
    📰 News

    Bitcoin is to find support at $7,800 or recover to $8,300, an analyst writes, but either way ‘continuation of the ranging on either of the levels is going to occur’

Bitcoin Price Likely to Decline to $7,800: Crypto Analyst
Cover image via www.123rf.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Over the last few days, Bitcoin has been trading below the $8,500 area. At the moment, it has recovered to $8,258 after the recent slip below the $8,100 level.

Analysts have been bullish on BTC in the long run, however, the nearest BTC price movements are expected to be bearish.

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The crypto analyst @CryptoMichNL believes that there are two paths ahead of Bitcoin at the moment. If it fails to recover to $8,300, he says on his Twitter page, then the market should be ready for the flagship coin to drop and find support at the $7,800 or $7,300 levels.

Whichever way it goes, ‘continuation of the ranging on either of the levels is going to occur’.

The analyst tweeted this forecast twice with an hour pause.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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