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While it may seem that many cryptocurrencies have been experiencing dismal losses during the first quarter of 2023, some have come out looking stronger than expected, which has caused many analysts to predict a much more positive second quarter. Tron (TRX) has especially impressed the crypto community, and Ethereum (ETH) has had a shaky, although mostly positive trajectory, while DogeMiyagi (MIYAGI) continues to gain interest.

Tron (TRX) has reported that their revenue surpassed $90 million in the first quarter of 2023, and although in the very first days of the year, things were not looking promising, TRX has managed to recover admirably and continues to move upwards in the market. TRX has experienced a growth of 193,000 new accounts per day, daily transactions increased by 7.7%, and the deflation rate was stable at around 1%.

Furthermore, the position of TRX within stablecoins has remained strong, coming second only to Ethereum (ETH). Technical developments on the platform advanced consistently during the first quarter, and the combination of all these factors has meant that TRX is entering the second quarter in an enviable position due to seeing even more success as the year plays out.

As Tron (TRX) experiences gains on the crypto scene, the rest of the market seems to be reawakening and creating fertile soil for new projects to grow in. DogeMiyagi (MIYAGI) is a very promising young seedling that is still in its early stages of development, but the attraction of this coin is undeniable.

Still in the presale stage, MIYAGI has already raised a promising $50,000, which will only continue to grow as the presale gathers more and more attention and investors. Operating under a Proof of Stake consensus mechanism, MIYAGI is a part of the new wave of green crypto, using this eco-friendly technology instead of more traditional, energy-intensive systems like proof of work.

Because of this, MIYAGI will gain even more legitimacy in the crypto market, as it is by making these forward-thinking considerations that they will bolster their position.

Another cryptocurrency that operates under a Proof of Stake consensus mechanism is Ethereum (ETH) since it made the decision to transition into this greener, cheaper, and more efficient system. ETH has been experiencing peaks and troughs during this first quarter but overall has had a fairly positive journey over the past few months, even exceeding the $2,000 limit at one point. Crypto enthusiasts anticipate even more gains for ETH as the year progresses and predict exciting things for this currency.

As we enter the second quarter of 2023, it seems that spring has sprung for crypto, and exciting things are in store for these coins. The excitement surrounding Tron (TRX), DogeMiyagi (MIYAGI), and Ethereum (ETH) is palpable, and the crypto community cannot wait to see what will happen over the next quarter.

DogeMiyagi:

Website: https://dogemiyagi.com

Twitter: https://twitter.com/_Dogemiyagi_

Telegram: https://t.me/dogemiyagi

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WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost

AVISO IMPORTANTE: La inversin en criptoactivos no est regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido

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Exciting developments in 2023's second quarter mean great things ... - Euro Weekly News

Benzinga - An Ethereumwhale that had been dormant for over 2 years has suddenly woken up.

What Happened: According to the on-chain platform Lookonchain, the whale, who was an ICO participant in Ethereum, created a contract just 3 hours ago and staked 4,032 ETH, worth a staggering $7.4 million.

Upon further investigation, it was revealed that the whale received a total of 60,000 ETH at Genesis. At the time of writing, this is worth $109.47 million.

See More:The Art Of The Future: Lisa Rays TheUpsideSpace Bring NFTs To Center Stage

Why It Matters: Its not clear what prompted the whale to suddenly wake from its slumber and stake such a significant investment.

Whales holding over 1,000 ETH, appear to be playing a role in keeping the price from rising as they are not showing an interest in re-accumulating at current prices, according to data from Glassnode.

The on-chain data shows that the number of Ethereum addresses holding 1,000 or more coins has just hit a 6-month low of 6,435.

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Ethereum Whale Suddenly Awakens, Stakes $7.4M After 2-Year ... - Investing.com UK

Filecoin (FIL) price has survived the latest attack by the US Securities and Exchange Commission (SEC) against Digital Currency Group (DCG) subsidiary, Grayscale. In the latest update, the federal securities regulator has asked the asset manager to withdraw its FIL Trust Application.

Floki Inu price has been straying away from broader market cues, charting its own path without following cues from Bitcoin or Dogecoin. This fluctuation of price has left a significant portion of the supply in limbo, which, when turned into profits, could potentially push the price up.

Ethereum being the home of Decentralized Finance (DeFi), has more use cases than most of the top cryptocurrencies, including Bitcoin. Such utility also attracted flak from not just users but also regulatory bodies, resulting in the Ethereum price finding it difficult to recover. However, that is not the case this time around.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

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Cryptocurrencies Price Prediction: Filecoin, Floki Inu & Ethereum Asian Wrap 18 May - FXStreet

Roses are red, violets are blue, flowers are overrated, does Mom want crypto from you?

If youre struggling with what to get your mom for Mothers Day, a gift of cryptocurrency is anoption. Heres a look at whether a gift of crypto on Mothers Day last year would have beena good investment.

What Happened: Mothers Dayis being celebrated today. While many will get their moms flowers and a card, another optionis buying shares of some of the most valuable and most well-known public companies.Others might consider gifting their momscryptocurrency as a long-term bet on a rebound over the coming years.

Mothers Day was designated an official holiday by then President Woodrow Wilson in 1914 and is celebrated on the second Sunday of May. Last year, Mothers Day was celebrated on May 8, 2022. Heres a look at how an investment and gift in three leading cryptocurrencies at thattime would be worth now.

Related Link: Here's How Much $100 In Dogecoin Today Could Be Worth If DOGE Returns To All-Time Highs

Investing $100 in Bitcoin, Dogecoin, Ethereum:Heres how muchBitcoin, Dogecoin and Ethereum a $100 investment in each couldhave boughton May 8, 2022.

Bitcoin: .0028 BTC

Dogecoin: 781.25 DOGE

Ethereum: .0379 ETH

Investing $100 in each cryptocurrency last Mothers Day would be worth the following based on prices at the time of writing:

Bitcoin: $75.15

Dogecoin: $56.25

Ethereum: $68.39

A $300 gift consistingof thethree top cryptocurrencies would be worth $199.79 today, a decline of 33.4%.

While the decline is steep, it is actually an improvement over the 51% decline seen in the same three cryptocurrencies between Mothers Day 2020 andMothers Day 2021.

Those who bought their moms cryptocurrency for Mothers Day in 2020 would have a different story to tell.

A $100 investment each in Bitcoin, Dogecoin and Ethereum on Mothers Day 2020 would have been able to buy the following amounts and now be worth the following:

Bitcoin: 0.0104 BTC, $279.14

Dogecoin: 38,270.19 DOGE, $2,755.45

Ethereum: 0.4727 ETH, $852.99

Read Next: 2021 Was The Year Of Dogecoin, A Month By Month Retrospective With Top Stories

Photo: Shutterstock

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If You Bought Your Mom $100 In Bitcoin, Dogecoin And Ethereum ... - Benzinga

Investors who placed their hard-earned cash into major U.S. indices have enjoyed respectable returns over the past 5years. Despite a number ofrecent market corrections, including therecent market volatility, partially generated by the Russia-Ukraine war, and the Covid-driven stock market crash of 2020, the SPDR S&P 500 ETF SPY, Invesco QQQ Trust Series 1 QQQand SPDR Dow Jones Industrial Average ETF Trust DIAhave returned 52%, 94% and 35% respectively.

Also Read:Treasury Has Just $88B Left To Avoid A Debt Cap

As good as investors in the major U.S. indices have had it over the past fiveyears, a number of the worlds most popular consumer discretionary, tech and altcoins stocks have also provided excellent returns. Bulls that took a chance on these names were rewarded with gains that outperformed much of the broader market.

Winners Since May2018: According to data fromBenzinga Pro, heres how much $100 invested in each of the following stocks back in spring 2018would be worth today:

2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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$100 Invested In AMD, Nvidia, Amazon, Bitcoin, Ethereum And ... - Benzinga