Poloniex: Hits $1.1B Volume, Tops Bitget
Poloniex surges past $1.1 billion in 24-hour spot trading volume, outpacing Bitget and MEXC amid zero-fee push by Justin Sun.
SourceJustin Sun's Poloniex exchange just crushed $1.1 billion in 24-hour spot trading volume, leapfrogging top-10 players like Bitget and MEXC, per CoinMarketCap data. Users flock to the zero-fee model, jokingly 'shearing Sun's wool' as trading ramps up. This ties into the #TRONEcoStar initiative, boosting TRON's ecosystem since Sun acquired Poloniex back in late 2025, driving scalability and high-throughput for crypto adopters. Seamless integration with trending assets like Bitcoin (BTC) fuels this hype, aligning with broader crypto market trends.
On the TRX 4-hour chart, price holds steady at $0.07 amid a bullish structure, with both EMA50 and EMA200 converging at $0.07 to form rock-solid support. MACD flashes a golden cross at 0.0, signaling sustained upside momentum, while RSI at 58.71 stays neutral, avoiding overbought pitfalls. Price dances inside Bollinger Bands, testing upper resistance at $0.07 without exhaustion—expect a quick dip to lower support at $0.07 for confluence before bulls charge higher, perfect setup for TRX price prediction plays in this volatile crypto market crash recovery phase.
Justin Sun 孙宇晨
@justinsuntronJustin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor