The Ronin network's native token, RON, has been under intensive scrutiny across the market recently. The projected price of RON by 2024 indicates significant growth despite facing substantial supply inflation, and has even sparked debates on its investment viability. High-profile personalities such as Ron Wyden and Ron Paul have put their support behind crypto, with the former advocating for FISA Reform and the latter promoting 'Competing Currencies' at Bitcoin 2024.
Binance's decision to list RON was met with fierce debates, to the extent of offering a notable $5M for anyone who exposes information regarding the illegitimate listing. Coinbase and Ronin have also forged a partnership, offering $RON rewards to users who participate in their Learn & Earn campaign. RON experienced a surge upon its listing on Coinbase. Despite facing sharp declines, RON has shown resilience by managing to sustain above a pivotal breakout point.
The Ronin network achieved a significant milestone with 205 Million RON staked on the network. RON governance token was launched by Sky Mavis amidst this bustling activity. US representatives, particularly Ron DeSantis, have expressed mixed feelings towards crypto. While DeSantis supports Bitcoin, he opposes Central Bank Digital Currencies (CBDCs), promising to ban them in the US if elected president.
In crypto gaming, RON has proven to be a front-runner, showing staggering performance against Bitcoin and Ethereum. The rise and dip of RON's price remain a contentious topic among market analysts, with some questioning if the crypto will demonstrate more augmenting tendencies following a 200% surge in 2023.
RON Coin News Analytics from Wed, 29 Feb 2012 08:00:00 GMT to Wed, 04 Sep 2024 14:32:43 GMT - Rating 6 - Innovation 2 - Information 6 - Rumor 4