{"id":502410,"date":"2022-09-15T14:55:58","date_gmt":"2022-09-15T14:55:58","guid":{"rendered":"https:\/\/wncen.com\/?p=502410"},"modified":"2022-09-15T12:45:18","modified_gmt":"2022-09-15T12:45:18","slug":"will-tron-tie-up-with-wintermute-boost-trx","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/will-tron-tie-up-with-wintermute-boost-trx\/","title":{"rendered":"Will Tron Tie-Up With Liquidity Provider Wintermute Boost TRX Price?"},"content":{"rendered":"<p><em><span style=\"font-weight: 400\">Tron (TRX) has recently disclosed a collaboration with Wintermute to boost Tron\u2019s DeFi ecosystem and more so, to enhance network accessibility and liquidity. <\/span><\/em><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">TRX price up by 0.43%<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Tron spikes in terms of popularity and value amounting to $1.2 billion<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Network integration with Wintermute to improve liquidity, accessibility<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Not that Tron needs it desperately as it has been outpacing its rivals but continuous pump and evolution is necessary to thrive in the crypto arena.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Overall, the partnership aims to make Wintermute as Tron\u2019s official market maker to basically increase trading volumes and to link buyers and sellers.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to<\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/tron\/\" rel=\"nofollow\"> <span style=\"font-weight: 400\">CoinMarketCap<\/span><\/a><span style=\"font-weight: 400\">, TRX price has surged by 0.43% or trading at $0.06157 as of press time.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Tron\u2019s popularity has been booming, pumping up $1.2 billion in terms of value as seen since June despite others like Solana and Ethereum retreating significantly.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/cardano-on-white-house-crosshair\/\"> Cardano On White House Crosshair Can Push ADA Up This Route<\/a><\/div>\n<div><\/div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The <a href=\"https:\/\/twitter.com\/hashtag\/TRON?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#TRON<\/a> network is thrilled about the union with <a href=\"https:\/\/twitter.com\/wintermute_t?ref_src=twsrc%5Etfw\" rel=\"nofollow\">@wintermute_t<\/a>. ? <a href=\"https:\/\/twitter.com\/hashtag\/sTRONgerTogether?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#sTRONgerTogether<\/a> ?<\/p>\n<p>This will help in many ways:<\/p>\n<p>\u2705 Fill trades<br \/>\n\u2705 Reduce volatility<br \/>\n\u2705 Lessen the spread for trading pairs<\/p>\n<p>Read the full article by <a href=\"https:\/\/twitter.com\/decryptmedia?ref_src=twsrc%5Etfw\" rel=\"nofollow\">@decryptmedia<\/a> ?<a href=\"https:\/\/t.co\/tGi3nuQhaj\" rel=\"nofollow\">https:\/\/t.co\/tGi3nuQhaj<\/a> <a href=\"https:\/\/t.co\/6wohBBzbMy\" rel=\"nofollow\">pic.twitter.com\/6wohBBzbMy<\/a><\/p>\n<p>\u2014 TRON DAO (@trondao) <a href=\"https:\/\/twitter.com\/trondao\/status\/43529728?ref_src=twsrc%5Etfw\" rel=\"nofollow\">September 13, 2022<\/a><\/p><\/blockquote>\n<h2><b>Tron, Wintermute Integration To Impact TRX Price<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Wintermute has announced previously to be a part of the Tron network\u2019s DAO or Decentralized Autonomous Organization, enabling access to both redeem and mint USDD.<\/span><\/p>\n<p><span style=\"font-weight: 400\">DAO has also recently beefed up the network with over $200 million worth of crypto to boost TRX, in accordance to the decision of Justin Sun, CEO and Founder of Tron, to deploy as much as $2 billion ensuring the optimized efficiency of USDD.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The merger is said to impact the value of TRX. In fact, TRX metrics has improved significantly as in the past 24 hours following the announcement of the Wintermute and Tron integration. <\/span><\/p>\n<p><span style=\"font-weight: 400\">These recent activities surrounding Tron highly impact the improvement of its network, lifting investor sentiment.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The recent spike to TRX price proves that traders and investors are happy about the integration and recent developments in the network.<\/span><\/p>\n<h2><b>TRX Seen With A Bullish Pullback<\/b><\/h2>\n<p><span style=\"font-weight: 400\">TRX was seen to start the week with a bullish pullback signifying overall bearish sluggishness as the token failed to barrel past the 50% RSI mark.<\/span><\/p>\n<p><span style=\"font-weight: 400\">TRX was seen to retrace early this week which also triggered a retest of the key support zone at $0.065. Further, selling pressure has dwindled down at the set price zone due the flip in investor sentiment.<\/span><\/p>\n<p><span style=\"font-weight: 400\">While there is a possibility of a short-term uptrend, this will not be guaranteed.<\/span><\/p>\n<p><span style=\"font-weight: 400\">TRX, created in 2017 is dubbed to be one of the pioneering cryptocurrencies that is based originally in the Ethereum network and then shifted to its own network the following year.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Being one of the oldest cryptocurrencies to date, it has greatly improved in terms of stability and while it is moving a little slow, TRX is taking more calculated and steady traction.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/crypto-market-hasnt-bottomed-yet-analyst-says-more-pain-ahead\/\"> Crypto Market Hasn\u2019t Bottomed Yet, Analyst Says \u2013 More Pain Ahead?<\/a><\/div>\n<p><span style=\"font-weight: 400\"> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/mvbafau6\/\" width=\"1834\" height=\"875\"><\/span><\/p>\n<pre style=\"text-align: center\">TRX total market cap at $5.6 billion on the one-day chart | Source: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"nofollow\">TradingView.com<\/a>\r\n\r\nFeatured image from The Daily Hodl, Chart: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"nofollow\">TradingView.com<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Tron (TRX) has recently disclosed a collaboration with Wintermute to boost Tron\u2019s DeFi ecosystem and more so, to enhance network accessibility and liquidity. TRX price up by 0.43% Tron spikes in terms of popularity and value amounting to $1.2 billion Network integration with Wintermute to improve liquidity, accessibility Not that Tron needs it desperately as it has been outpacing its rivals but continuous pump and evolution is necessary to thrive in the crypto arena. Overall, the partnership aims to make Wintermute as Tron\u2019s official market maker to basically increase trading volumes and to link buyers and sellers. According to CoinMarketCap, TRX price has surged by 0.43% or trading at $0.06157 as of press time. Tron\u2019s popularity has been booming, pumping up $1.2 billion in terms of value as seen since June despite others like Solana and Ethereum retreating significantly. Related Reading: Cardano On White House Crosshair Can Push ADA Up This Route The #TRON network is thrilled about the union with @wintermute_t. ? #sTRONgerTogether ? This will help in many ways: \u2705 Fill trades \u2705 Reduce volatility \u2705 Lessen the spread for trading pairs Read the full article by @decryptmedia ?https:\/\/t.co\/tGi3nuQhaj pic.twitter.com\/6wohBBzbMy \u2014 TRON DAO (@trondao) September 13, 2022 Tron, Wintermute Integration To Impact TRX Price Wintermute has announced previously to be a part of the Tron network\u2019s DAO or Decentralized Autonomous Organization, enabling access to both redeem and mint USDD. DAO has also recently beefed up the network with over $200 million worth of crypto to boost TRX, in accordance to the decision of Justin Sun, CEO and Founder of Tron, to deploy as much as $2 billion ensuring the optimized efficiency of USDD. The merger is said to impact the value of TRX. In fact, TRX metrics has improved significantly as in the past 24 hours following the announcement of the Wintermute and Tron integration. These recent activities surrounding Tron highly impact the improvement of its network, lifting investor sentiment. The recent spike to TRX price proves that traders and investors are happy about the integration and recent developments in the network. TRX Seen With A Bullish Pullback TRX was seen to start the week with a bullish pullback signifying overall bearish sluggishness as the token failed to barrel past the 50% RSI mark. TRX was seen to retrace early this week which also triggered a retest of the key support zone at $0.065. Further, selling pressure has dwindled down at the set price zone due the flip in investor sentiment. While there is a possibility of a short-term uptrend, this will not be guaranteed. TRX, created in 2017 is dubbed to be one of the pioneering cryptocurrencies that is based originally in the Ethereum network and then shifted to its own network the following year. Being one of the oldest cryptocurrencies to date, it has greatly improved in terms of stability and while it is moving a little slow, TRX is taking more calculated and steady traction. Related Reading: Crypto Market Hasn\u2019t Bottomed Yet, Analyst Says \u2013 More Pain Ahead? TRX total market cap at $5.6 billion on the one-day chart | Source: TradingView.com Featured image from The Daily Hodl, Chart: TradingView.com<\/p>\n","protected":false},"author":557,"featured_media":502417,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[1144,65296,8686,11808,86445,11993,86464,86862],"class_list":["post-502410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-btcusd","tag-ethbtc","tag-ethusd","tag-tron","tag-tron-network","tag-trx","tag-trx-price","tag-wintermute"],"acf":[],"yoast_head":"\n<title>Will Tron Tie-Up With Liquidity Provider Wintermute Boost TRX Price?<\/title>\n<meta name=\"description\" content=\"Tron (TRX) has recently disclosed a collaboration with Wintermute to boost Tron\u2019s DeFi ecosystem and more so, to enhance network 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Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. 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