Altseason is in full swing and OG coins such as Tron crypto and NEO are flying high after TRX posted +58% gains, quickly followed by NEO price with a similar +12.5% pump.
This comes as so-called ‘blue chip’ bull run-tested tokens explode in the altcoin market, with the breakout led by long-standing industry favorite Ripple (XRP) after it ripped above Solana’s market cap.
BREAKING: For the first time ever, $XRP’s trading volume has exceeded the combined volumes of Ethereum and Bitcoin. pic.twitter.com/rGWiZ0YXUj
— Jacob King (@JacobKinge) December 3, 2024
In this article, delve into the latest NEO price trends, uncover the TRX pump, and discover whether bigger gains could be unlocked through low-cap gem trades this December.
Tron Crypto Skyrockets: TRX Hits New All-Time High Amid +58% Price Pump
The seismic move by Tron crypto, the birthchild of Liberland President Justin Sun, comes after revenues on the Tron network surged, hitting $20M in 24 hours – an all-time high for Tron crypto revenues.
On 12/03/2024, TRON's revenue reached an all-time high (ATH), hitting $20 million in a single day. $TRX pic.twitter.com/qc5FDhtHwo
— H.E. Justin Sun 🍌 (@justinsuntron) December 4, 2024
Rapid ecosystem growth has been a major fixture of Tron since Sun launched the Pump.Fun style ‘Sun.Pump’ earlier this year – enabling meme coin degens to launch their own meme coins at little to no cost on the chain.
At press time, the TRX price is $0.35 (representing a 24-hour change of -17.31%).
This comes amid a localized retracement in the aftermath of yesterday’s aggressive pump to a new all-time high, which has left prices attempting to consolidate newfound gains in price exploration.
(TRXUSDT)
Consolidation is likely to be the game’s name here for much of the coming week, with the TRX pump leaving TRON crypto over-extended with a +30% divergence above the 20DMA.
The RSI reflects this, with an oversold signal at 67, suggesting that further consolidation is needed.
NEO Price Explodes on RWA Integrations: Will +12.5% Rally be Sustained?
With NEO in traders’ cross-hairs as a coin to watch this bull run after NEO’s astronomical pump earlier this year – which saw markets flip to the excitement with news of NEO’s GAS-linked sidechains (a game-changer for DeFi traders), it comes as no surprise that NEO is gaining momentum in altcoin season.
The latest news has seen Chainbank invest in NEO’s $47Bn NeoBank real-world assets blockchain. Analysts call for a potential 1,000x performance this year as Chinese markets flip bullish on ‘Chinese Ethereum’.
NEO’s recent price push has caught the attention of eagle-eyed technical analysis, with many noting NEO’s entry into a bullish breakout sequence according to Elliot Wave Theory.
$NEO Do you see what I see? pic.twitter.com/9GSDQ5wopf
— Rolwend (@rolwendd) December 2, 2024
Currently, NEO price is trading at $22.05 (which represents a 24-hour price change of -15%).
The localized retracement comes after the explosive candle saw the NEO price smash high, part of the growing momentum in the coin’s +145% Month-on-Month growth.
(NEOUSDT)
With NEO outpacing PEPE on the monthly, the strength of the NEO price chart can be seen following a golden cross between the 20DMA and 200DMA on November 22.
Yet, a +40% divergence above the 20DMA, matched by a reading of 69 on the RSI, suggests that consolidation could be on the cards heading into the weekend—albeit with the huge bullish support of a bull-flag pattern.
Crypto All-Stars Prepares to Launch After Raising $8.4M
Catch the next mooner before the Binance listing. With Crypto All-Stars and its presale nearing $8.5 million, this new meme coin is ready for launch in December. The presale ends on December 20th, and the excitement is growing. With just 16 days left, investors can buy $STARS tokens at a presale price of $0.0016254.
Investors are looking for the next big opportunity, and STARS might be it. The presale is seeing heavy support, with over $200k added daily. Experts believe STARS could be the next 100x meme coin. The buzz is real, and the FOMO is spreading fast.
Why is Crypto All-Stars different? Its unique feature, MemeVault, allows holders to stake multiple popular meme coins for high returns. MemeVault is a revolutionary staking protocol designed for holders of popular meme coins like $DOGE, $SHIB, and $PEPE.
This platform allows users to manage their staking across multiple tokens in a single interface, making it easier to earn rewards. STARS buyers can stake and earn three times the rewards. The staking rate is an impressive 216%. It’s not just hype – it’s about real potential returns.
Crypto All-Stars stands out for its safety, and multiple audits ensure its smart contracts are secure. Investors can feel confident about their money. No rug pulls, no scams – just a straightforward project with clear benefits.
The presale ends soon. The sooner you buy, the bigger the potential returns. Early buyers always have the advantage. Don’t miss out – this could be the next viral meme coin that makes millionaires.
Visit the Crypto All-Stars presale website now and join the movement. For updates, follow their X and Telegram channels. The next big thing is almost here. Are you ready?
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