October has gotten off to a slow start for the crypto industry so far, but analysts and experts remain optimistic about the bull market ahead. Tron (TRX), a well-known name among cryptocurrencies, has been gaining a lot of attention recently with a significant rally. At the same time, Monero (XMR) has emerged from its predicament and begun a new journey towards revival. While both these coins have experienced volatility in the market, new blockchain players have entered the market and have been among the best performers of the year.
Tron (TRX) has grabbed the headlines, but how long will it last?
TRON (TRX) continues to see impressive growth, largely due to the network's success with meme coin platform SunPump, with over 90,823 tokens issued so far in just a few months. I did. This increased activity on the network by 487%. This growth drove sales to a record $151.2 million, a 30% increase from a quarter ago. The growth also reduced the circulation of more than 270 million Tron (TRX) tokens, further increasing the value of the ecosystem.
With that comes more new entrants, including Zig Network (ZIG), which is looking to challenge Tron's dominance. Zig Network (ZIG) is a unique project for investors as it promises token holders a daily passive income stream, making it attractive to investors seeking greater diversification than simple price speculation.
Monero (XMR): A slow comeback?
Monero (XMR) has endured a tough year. The outlook looked bleak after major exchanges such as Binance were delisted. Still, it showed resilience above $148. Prices have increased by just 2% in the past 12 months. If Monero (XMR) manages to break out of the resistance level near $156, it could move further higher.
Seeing as Monero's current position is trading below its 50-day SMA and appears to be under regulatory pressure, its growth potential could be linked to new opportunities like Zig Network (ZIG). may not be similar. Investors looking for an alternative find Zig Network's staking rewards and VIP perks especially attractive over the struggling Monero (XMR).
Why Zig Network (ZIG) can outperform in 2024
Zig Network (ZIG) has what it takes to be the best in its class of top performers in 2024. Unlike other cryptocurrencies, Zig Network (ZIG) rewards users just for holding and staking their tokens. This means that your active participation in this network will not go to waste as you will be actively rewarded based on it. This gives investors the opportunity to steadily grow their returns without relying on market speculation.
moreover, Zig Network (ZIG) introduces a VIP program offering premium benefits for large investors. Here investors will have access to additional features such as a debit card for real-world spending and personal account management. With platform liquidity locked for life and team tokens locked for the next four years, Zig Network (ZIG) demonstrates its commitment to building a secure and sustainable ecosystem.
As we enter the fourth quarter of 2024 and approach a bull market, Zig Network's innovative approach and solid foundation make it a strong candidate to outperform major cryptocurrencies such as Tron (TRX) and Monero (XMR). It becomes.
For more information about Zig Network (ZIG), please use the links below.
Join the Zig network
Read the Zignet white paper
