Tron (TRX) Founder Teases Revenue Burn for SunPump, Ripple (XRP) Price Drops Ahead of XRP Community Day Tokyo 2024

According to the latest crypto news, Tron’s Founder said the SunPump community could launch a revenue burn soon. Also, Ripple has released the list of speakers for its upcoming event.

Tron (TRX) founder teases revenue burn for SunPump

In a recent tweet, Tron network founder Justin Sun stated that the SunPump community is planning to initiate the first SUN revenue burn. He promised to share more details regarding the initiative in the upcoming days.

The SunPump platform, a meme coin project launcher, gained significant attention a few weeks ago. It generated over $1.1 million in revenue just 11 days after its launch. This move amazed the entire crypto community and impacted the price movement of Tron crypto.

According to data from CoinCodex, the token is trading in the green zone. Its market value is oscillating between $10 billion and $15 billion. If this uptrend continues, analysts predict that the Tron price could increase to $0.3242 in the long term.

Ripple (XRP) price drops ahead of XRP Community Day Tokyo 2024

A list of speakers for the XRP Community Day Tokyo 2024 has been released by Ripple (XRP). This is a highly anticipated event that will bring blockchain specialists and the Ripple XRP community closer together. The focus will be on Brad Garlinghouse, the CEO, and Monica Long, the President of Ripple.

They will discuss the company’s history and the development of XRP Ledger. Prior to the event, the Ripple coin is displaying bearish activity. It has also experienced a drop in market cap, which is now fluctuating between $22.5 billion and $37.5 billion.

Despite the unfavorable price movement, the value of Ripple crypto is still higher than the 50-Day SMA ($0.568929). Analysts anticipate a potential price surge to $0.78354 within the next few months.

Intel Markets brings new perspective to the crypto trading market

A new crypto exchange called Intel Markets (INTL) is bringing a unique perspective to the crypto trading market with its dual-chain approach and AI technology. Intel Markets supports two blockchains thanks to the dual-chain approach. They are Solana and Ethereum. While trading on Intel Markets, traders can choose which blockchain they want to use.

The Solana blockchain offers high throughput, low fees, and fast transactions. Additionally, the Ethereum network gives Intel Markets users access to a large liquidity pools, DeFi applications, and smart contracts. But hold on, there's more. Intel Markets has also included AI technology on its platform.

Its flagship AI bot can be used by traders to trade perpetual futures, analyze price movements, and make wise decisions. Over 1200 traders have used the bot to generate income, making it a strong option, particularly for beginners.

They also gain access to Intel Markets' extensive library of cutting-edge trading tools, which includes advanced charting and real-time market software. Intel Markets has started a presale for its native token, INTL. It now costs $0.009, but as its platform gains users, it is anticipated to experience an 11x price increase.

Can Intel Markets surpass Ripple and Tron?

With its cutting-edge capabilities, Intel Markets aims to revolutionize the crypto trading landscape. According to industry professionals, these features may draw investors and traders to the platform. This will result in an increase in the trading volume and market cap of Intel Markets.

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