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- After a few months of turbulence, the crypto market appears to be catching its breath as trade tensions are beginning to ease.
- Investors are watching Ripple, long targeted by regulators, along with TRON and Dogecoin as potential frontrunners in the next bull run.
Tron (TRX)
TRON doesn’t get the same media buzz as Bitcoin (BTC) or Ethereum (ETH), but behind the scenes, it’s been making major moves, especially in the stablecoin space. According to a report by CNF, the TRON network now holds over $73 billion in USDT, nearly matching Ethereum’s lead.
TRX, its native token, is up 111% year-over-year and currently trading around $0.266. Low fees and fast transactions make TRON appealing for developers and Tether transfers. According to crypto analyst Andrew Griffiths, if TRX can break past the $0.28 mark, it could climb toward $0.35 or even $0.45. But if it fails to hold momentum, a pullback to $0.22 isn’t off the table.
Dogecoin (DOGE)
Then there’s Dogecoin, the meme coin that was once written off as a joke, is now leading with a market cap of $33 billion, easily surpassing rival Shiba Inu’s $9 billion. Over the past year, DOGE has surged by 58%, largely driven by growing institutional interest, favorable regulatory developments, and a surge in large transactions.
What’s fueling this optimism? Institutional players like 21Shares and Bitwise have submitted proposals to the SEC for spot DOGE ETFs. If the SEC gives the green light, that could flood DOGE with fresh capital from retail and institutional investors alike. Some analysts are even tossing out $2 price targets for the next major bull cycle. That might sound crazy, until you remember people once said the same about Bitcoin hitting $100,000.