Performances of cryptocurrencies are sometimes affected by external factors but nothing like the effect that Elon Musk has on Dogecoin (DOGE).
While the original meme coin has been the star of the market today, at this time of writing, Tron (TRX) has also been performing well as the cryptocurrency has been recording steady growth.
Lastly, FIREPIN Token (FRPN), which is still in the second phase of a presale, has continued its achievement pace since the launch.
FIREPIN Token (FRPN) nears the third phase in its presale
FIREPIN Token (FRPN) is a community-driven DAO (decentralized autonomous organization) that aims to become an important player in the Metaverse industry.
With an onus on entering the digital asset space, specifically the Metaverse and the NFT sphere, FIREPIN looks to invest in the industries through its treasury fund with that investment to go to NFT game development, 3D and Metaverse VR games as well as the 3D industry as a whole.
The growth of FIREPIN has been immense as the FRPN token has surged from $0.000067, which was its price at the start of its presale in February to a current price of $0.0023, spelling a quadruple rise in value.
FIREPIN, however, is not a one-trick pony, with the ability to allow users to connect to five of the superior blockchains including Ethereum (ETH), Polygon (MATIC), Binance Smart Chain (BSC), Solana (SOL), and Avalanche (AVAX).
Its capacity to be a versatile project in various spaces allows the platform to expand its reach and maximizes its potential.
With May 27th as the scheduled launch date for FIREPIN, just over a month remains until the release.
Dogecoin (DOGE) surges after Elon Musk announces Twitter (NYSE:TWTR) purchase
A Dogecoin (DOGE) surge following news from Elon Musk has almost become an inevitability at this point.
A tweet from the Tesla (NASDAQ:TSLA) CEO regarding the cryptocurrency can cause shockwaves through the market and while Musk was in the news yesterday, it wasn’t about Dogecoin, yet still managed to positively affect its price.
Musk announced a deal was agreed yesterday to purchase Twitter for $44 billion which led to DOGE rising 29.1% in the past 24 hours, at this time of writing.
This recent surge has led Dogecoin to become the 10th biggest cryptocurrency in the world, amassing a market cap of over $21 billion, according to data from CoinMarketCap.
Currently trading at $0.161443, some crypto experts have predicted DOGE to reach a price of $0.21 by the end of 2022.
Tron (TRX) grows in recent weeks
Ranked as the 22nd biggest cryptocurrency in the world, accumulating a market cap of over $6 billion, according to data from CoinMarketCap, Tron (TRX) is finally on a run of good market form as its risen 11.3% in the past 14 days.
Despite having not reached its all-time high since January 2018, Tron has remained a popular cryptocurrency for investors throughout its time.
Trading at $0.064815, at this time of writing, with its current bullish trends, Price Prediction has predicted TRX to rise to $0.097 by the end of 2022.
Find out more information on the FIREPIN Website, Telegram, Instagram or Twitter. You can also find more about presale here.