Tron (TRX) Defies Market Pressure with Resilient Performance Amid Whale Sell-Off
The cryptocurrency market is abuzz with significant developments this week, highlighted by BlockDAG's presale nearing its deadline, Tron (TRX) showcasing remarkable resilience, and Dogecoin (DOGE) testing a potential breakout. BlockDAG's presale is in its final phase, priced at $0.0016, with an anticipated 17× price adjustment, drawing intense interest from both retail and institutional investors. Meanwhile, Tron has defied market expectations by maintaining its price above $0.33 despite a massive $1.4 billion whale sell-off within just 24 hours. This resilience underscores TRX's strong market positioning and investor confidence. Additionally, Dogecoin is testing a breakout, adding to the dynamic landscape of the crypto market. As of August 11, 2025, these developments signal a vibrant and evolving cryptocurrency ecosystem.
BDAG’s Presale Nears Deadline as TRX Defies Sell-Off and DOGE Tests Breakout
The cryptocurrency market is witnessing a trifecta of compelling narratives this week. BlockDAG's presale enters its final phase at $0.0016 before a projected 17× price adjustment, triggering frenzied accumulation from both retail and institutional buyers.
Tron demonstrates remarkable resilience as its price holds above $0.33 despite absorbing a historic $1.4 billion whale sell-off within 24 hours. The sell pressure, originating from long-term holders rather than panic sellers, was met with equally substantial buy-side demand—a rare display of market depth for the asset.
Meanwhile, Dogecoin traders are closely monitoring a crucial technical level that could determine the meme coin's near-term trajectory. The asset's ability to reclaim bullish momentum hangs in the balance as it tests this make-or-break threshold.
Crypto Thieves 'GreedyBear' Run Industrial-Scale Scam Targeting Wallets Like MetaMask and TronLink
A cybercrime group dubbed 'GreedyBear' has orchestrated one of the most extensive crypto theft operations in recent months, stealing over $1 million through a multi-pronged attack strategy. Researchers at Koi Security uncovered the group's coordinated campaign, which combines malicious browser extensions, malware, and scam websites into a single network.
The operation employs a technique called 'Extension Hollowing,' where seemingly benign Firefox add-ons—such as video downloaders—are initially published with fake positive reviews. These extensions are later replaced with malicious versions impersonating popular wallets including MetaMask, TronLink, Exodus, and Rabby Wallet. Once installed, they harvest credentials and transmit them to GreedyBear's servers.
Beyond browser extensions, the group has distributed nearly 500 malicious Windows files, many tied to known malware families like LummaStealer. This marks a significant escalation from their July campaign, 'Foxy Wallet,' which involved just 40 Firefox extensions.
Tron's $0.30 Breakout Signals Potential 32% Rally as Technicals Strengthen
Tron (TRX) has decisively broken above the $0.30 resistance level, backed by robust technical indicators and increasing social engagement. The cryptocurrency now trades at $0.3401, with its Mayer Multiple at 1.28—indicating a sustainable 28% premium over its 250-day moving average. This suggests measured growth rather than speculative froth.
The breakout follows months of consolidation between $0.20 and $0.30, a classic accumulation pattern. With RSI holding at 68, TRX shows strong buying pressure without entering overbought territory. Analysts see a clear path toward $0.45 if momentum persists, representing a 32% upside from current levels.
Derivatives data reveals a slight short bias, raising the possibility of a squeeze should bulls maintain control. Unlike meme-driven rallies, Tron's advance appears fundamentally grounded—a distinction that may lend durability to its upward trajectory.
