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SUN

SUN/USDT Breakout Alert: Ready for 200-300% Gain!!Hey everyone! If you're enjoying this analysis, please give it a thumbs up and follow! SUN is showing strong potential! It has broken out of a bull flag structure on the daily time frame and is holding above the flag, signaling a bullish move. Buy now and accumulate more on dips for maximum gains! Entry range: CMP and accumulate up to $0.0185 Target: 200-300% potential upside Stop Loss (SL): $0.0158 What do you think of SUN's current price action? Are you spotting a bullish setup? Share your thoughts and analysis in the comments below!
Long
by CoreCrypto1
1
TRON’s $4 Billion Ambition: Justin Sun’s Bold Bet on Meme CoinsIn a move that could redefine the trajectory of the TRON network, Justin Sun, the founder and CEO of TRON ( BINANCE:TRXUSDT ), has forecasted an ambitious revenue target of $4 billion for the coming year. This projection, if realized, would be a landmark achievement for the blockchain platform, driven by a strategic pivot towards meme coins and adjustments to network fees. The $4 Billion Revenue Peak Justin Sun’s bold prediction isn’t just a number plucked out of thin air. The $4 billion target is rooted in a comprehensive strategy that leverages TRON’s strengths while embracing the growing influence of meme coins in the cryptocurrency market. Sun anticipates that $3 billion in revenue is a conservative estimate, with the potential to exceed $4 billion through network optimizations and community-driven initiatives. Sun has laid out a plan where $1 billion of this revenue will be ‘burned’—a practice that effectively reduces the supply of CRYPTOCAP:TRX , potentially increasing its value. The remaining $2 billion is earmarked for stakers and to cover transaction fees, creating a more attractive ecosystem for users and investors alike. The Meme Strategy: A New Frontier Central to Sun’s revenue forecast is TRON’s renewed focus on meme coins—a category of cryptocurrency that has gained significant traction in recent years. Sun believes that the community-driven nature of meme coins aligns well with the decentralized ethos of TRON ( BINANCE:TRXUSDT ), making it a strategic growth area. The launch of SunPump, a meme token launchpad on the TRON network, is a testament to this strategy. Despite being just 11 days old, SunPump has already generated over $1.1 million in sales, indicating strong market interest and potential for further growth. Network Adjustments: Lower Fees, Higher Capacity To support this ambitious growth, Sun has proposed lowering transaction fees and raising the energy limit on the TRON network. These adjustments are expected to increase daily transactions to over 20 million within three months, significantly boosting TRON’s market share. By increasing the network’s energy capacity, more TRX tokens will be staked, enabling free transfers and enhancing the network’s overall profitability. These measures are designed to make TRON a more attractive platform for developers and users, fostering long-term growth. TRON’s Integration with Dex Screener In addition to its meme coin strategy, TRON ( BINANCE:TRXUSDT ) has recently achieved a significant milestone with its integration into Dex Screener, a leading decentralized exchange tracking service. This listing is expected to enhance TRON’s visibility in the decentralized finance (DeFi) space, attracting more users and liquidity to the network. The integration with Dex Screener is seen as a critical step in TRON’s broader strategy to expand its ecosystem and capitalize on the growing DeFi market. Coupled with the recent minting of one billion USDT tokens on the TRON network by Tether, TRON’s liquidity and market presence are set to strengthen further. TRX Price Forecast: Bullish Trends with Caution As of the latest market analysis, CRYPTOCAP:TRX , the native cryptocurrency of the TRON network, is trading at $0.1572 down by 2.54%. Despite a minor correction, TRX is showing signs of a bullish trend, with the potential to reach $0.20 in the near term. If this momentum continues, CRYPTOCAP:TRX could even achieve a new all-time high of $0.50. However, the market is not without risks. In a bearish scenario, TRX could stabilize around $0.14, with the possibility of further declines to approximately $0.135 if negative trends persist. Conclusion: A High-Stakes Gamble Justin Sun’s $4 billion revenue forecast and strategic pivot towards meme coins represent a high-stakes gamble for TRON. While the potential rewards are significant, the path to success is fraught with challenges. However, with Sun’s track record of bold moves and the network’s growing ecosystem, TRON could very well be on the cusp of a new era of growth and innovation. As the crypto market continues to evolve, TRON’s ability to adapt and capitalize on emerging trends will determine whether Sun’s ambitious vision becomes a reality. For now, all eyes are on TRON as it navigates this exciting yet uncertain future.
Long
by DEXWireNews
2
SUN Price prediction 2024 - SUN IS GOING TO SHINE AND $0,07 SUN Price Prediction 2024 - Will SUN Shine Bright? Based on our analysis, SUN could reach an exciting target of $0.07 by the end of this year. Current Trends At the start of the year, SUN's trend looks promising and different from previous years. This isn't just about a percentage increase but also about its overall development. Year 2023 was a red year and 100% not sumllair as the trends of this year. The year 2024 already made some start trends also to see on chart. What’s Next for SUN? We’re keeping a close eye on SUN because it has shown some very interesting movements recently. For 2024, there are several possible targets: $0.021 $0.025 $0.035 $0.047 The most optimistic target is $0.07, which would be up to a new all-time high (ATH). Note Always do your own research. This is not trading advice. The market can be unpredictable. The market can go for a time stable, it's about the year 2024 this is not short-term update.
SLong
by SatochiTrader
Sunoco LP Acquires West Texas Assets & European Liquid FuelsSunoco LP (NYSE: SET:SUN ) is making strategic strides in its growth journey with the completion of two significant transactions – the acquisition of European liquid fuels terminals and the divestiture of convenience stores in West Texas. These moves underscore Sunoco's commitment to optimizing its portfolio, enhancing supply chain efficiencies, and positioning itself for sustainable growth. Let's explore the implications of these transactions and their impact on Sunoco's future prospects. 1. European Terminal Acquisition: Sunoco's acquisition of liquid fuel terminals in Europe, including the Amsterdam terminal and Bantry Bay terminal, marks a strategic entry into key markets. The Amsterdam terminal's strategic location within the Port of Amsterdam enhances Sunoco's supply chain capabilities and strengthens its presence in Europe's energy market. Additionally, the Bantry Bay terminal in Ireland adds to Sunoco's portfolio of critical infrastructure, supporting the nation's strategic oil reserves and reinforcing its commitment to stable midstream income. 2. Portfolio Optimization Through Divestiture: Sunoco's divestiture of 204 convenience stores in West Texas to 7-Eleven, Inc. highlights its focus on portfolio optimization and value creation. The approximately $1.0 billion transaction allows Sunoco ( SET:SUN ) to streamline its operations, optimize its asset mix, and position its balance sheet for future growth initiatives. The amended fuel supply agreement with 7-Eleven further enhances Sunoco's revenue potential and strengthens its partnership with a leading convenience store retailer. 3. Accretive Impact on Unitholders: Both the European terminal acquisition and the West Texas divestiture are immediately accretive to Sunoco's unitholders on key metrics. These transactions are completed at attractive multiples, contributing positively to Sunoco's financial performance and reaffirming its commitment to creating value for stakeholders. The expected full-year Adjusted EBITDA range of $975 million to $1 billion reflects the anticipated benefits from these strategic moves and underscores Sunoco's optimistic outlook for future growth. 4. Non-GAAP Financial Metrics and Disclosure: Sunoco's disclosure of Adjusted EBITDA as a non-GAAP financial measure provides investors with insights into the Partnership's operational performance and financial health. While acknowledging the limitations of non-GAAP measures, Sunoco emphasizes transparency and accountability in its reporting practices, ensuring stakeholders have access to comprehensive financial information. 5. Future Growth Trajectory and Partnership Structure: Sunoco's core operations, including motor fuel distribution and refined product transportation assets, position the Partnership for continued growth and value creation. With its general partner owned by Energy Transfer LP, Sunoco benefits from a robust partnership structure and synergies within the Energy Transfer family, further enhancing its competitive advantage and growth prospects. Conclusion: By expanding into key European markets and optimizing its portfolio through divestiture, Sunoco ( SET:SUN ) strengthens its position as a leading player in the energy distribution industry. With a focus on operational excellence, financial discipline, and transparent reporting practices, Sunoco ( SET:SUN ) sets the stage for sustained growth and long-term success in a dynamic and evolving market landscape.
NYSE:SUNLong
by DEXWireNews
Sun (New) (SUN)The SUN.io platform is the first integrated platform for stablecoin swap, yield farming, and self-governance on TRON. The new SUN token redenominated from the old SUN; see chart below for recalibration ratio. Anyway, it is clear that SUN was in a downtrend, and when SUN broke the downtrend line, it went into a consolidation zone; in the shape of a sideways channel. Then SUN broke this area upward and it seems SUN aimed to reach ATH. Let's see what happens.
Long
by SaeedSalehinia
SOL, THE POWER OF THE SUN WITHIN MY HANDDid I get the spiderman line right? It must be close to that. idk. Either way, a neat trend setup on SOL to share. A drop to 83 can spike to 115. This is per technicals. I would say there is a greater than 50% chance we see a move to the upside soon on this trend break, and then a big retracement down to the mega trend, but again, it doesn't have to go anything like that. Either way, expect support at mega trend or just below mega trend, which is a great buy zone. Expect a move to the upside on the breakout of the smaller trend. Resistance comes in around 115. It doesn't have to get to 83 before it goes up, it can break trend before. However, it can also go down lower before the breakout, watch the trend. Good luck Quick chart as I'm trying to get more earnings charts done for the week.
COINBASE:SOLUSD
by nicktussing77
3
OGGY INU Oggy Inu is a cryptocurrency project that gained popularity as a meme coin within the decentralized finance (DeFi) space. Like many meme coins, its branding and community are built around internet memes, particularly the character "Oggy" from the animated series "Oggy and the Cockroaches." However, the specific utility or purpose of Oggy Inu beyond its meme status may vary, as it depends on the project's roadmap and development goals. In terms of its potential impact on the future of the internet, Oggy Inu, like other cryptocurrencies and blockchain projects, could contribute to several aspects: 1. **Decentralization**: By utilizing blockchain technology, Oggy Inu and similar projects have the potential to promote decentralization across various internet services, including finance, social media, gaming, and more. Decentralization can offer greater transparency, security, and autonomy to users. 2. **Community Building**: The strong community around projects like Oggy Inu demonstrates the power of decentralized communities in driving adoption and innovation. Such communities can collaborate, share ideas, and collectively contribute to the growth and development of the project and its ecosystem. 3. **Innovation**: Cryptocurrency projects often serve as hubs for experimentation and innovation, fostering the development of new technologies, applications, and business models. Oggy Inu and similar projects could introduce novel concepts or use cases that push the boundaries of what's possible on the internet. 4. **Financial Inclusion**: By providing access to financial services and opportunities to individuals worldwide, cryptocurrencies like Oggy Inu can promote financial inclusion. People who are unbanked or underbanked may benefit from access to decentralized financial tools and services. However, it's essential to approach projects like Oggy Inu with caution, especially considering their speculative nature and the potential risks involved in investing or participating in meme coins and DeFi tokens. As with any investment or technology, thorough research and understanding are crucial before getting involved.
PANCAKESWAP:OGGYWBNB_2CDFD3.USD
by TrojanBible
SUN/USDT Had a Major Crash |👀🚀 What's Next for SUN?💎Paradisers, let's focus on #SUNUSDT, where the current trends indicate a potential for a bullish turnaround from its vital support area. 💎A review of #SunToken's latest market activities reveals a notable 45% reduction from its recent high. Yet, the steadfastness at the support level of $0.0072 suggests an opening for an upward movement. 💎Despite the hurdles in achieving new highs or surpassing prior milestones, leading to prevailing bearish sentiment, the $0.0072 level is crucial for #SUN. This juncture is primed to potentially initiate a considerable bullish wave with a fresh assessment. 💎As strategic traders, we're always equipped with an alternative plan. If #SUN declines further from this support, we're gearing up for a bullish revival starting from the next support at $0.0060. It's important to remember, however, that descent through this marker could signal the start of more profound bearish trends. 💎Keep your strategies adaptable and your eyes on the market, Paradisers. Your ParadiseTeam is diligently observing, ready to navigate you through these evolving market scenarios.
SLong
by MyCryptoParadise_Simon
A quick look at SUNUSDPer the request from our audience, we would like to take a look at SUNUSD. Based on the information available on Binance’s website, this cryptocurrency was created in connection with the Sun platform and is intended to promote the development of decentralized finance on the TRON blockchain network. In 2021, the Sun token was swapped with a new version of the token at a ratio of 1:1,000. Since then, the Sun’s value has fallen by more than 51%. Furthermore, unlike Bitcoin and other cryptocurrencies, the SUNUSD marked a new low in early December 2023 (after rising almost 100% between late 4Q22 and 1Q23). Overall, the SUNUSD’s volatility might make for exciting swing trade opportunities. However, a long-term investment in this coin seems high risk. Illustration 1.01 Illustration 1.01 displays the weekly chart of the Sun token. The blue indicator below the main graph shows the weekly percentage change, providing a good picture of how volatile this cryptocurrency is; for example, on 1st December 2023, the SUNUSD plunged by more than 28% and rose by 41% the following day. Illustration 1.02 The image above shows the MACD breaking into bullish territory on the daily chart, slightly bolstering a bullish case in the short term. Technical analysis gauge Daily time frame = Bullish Weekly time frame = Neutral *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of multiple indicators. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
BITFINEX:SUNUSD
by Tradersweekly
Sunoco Acquiring NuStar Energy in a $7.3 Billion All-Stock DealIn a bold strategic move, Sunoco ( SET:SUN ), the prominent motor fuels distributor, has announced its intention to acquire NuStar Energy, a key player in the oil and gas transportation service industry. The all-stock deal, valued at an impressive $7.3 billion, including assumed debt, marks a significant step for Sunoco as it seeks to strengthen its position in the highly competitive energy market. The deal, which has received approval from the boards of both Sunoco ( SET:SUN ) and NuStar, involves NuStar's common shareholders receiving 0.400 Sunoco shares for each NuStar common unit. This exchange represents a generous 31.9% premium to NuStar's last closing price, signaling Sunoco's commitment to creating value for NuStar shareholders. Market dynamics were immediately reflected in premarket trading, with Sunoco's shares experiencing a 2.5% dip, while NuStar's shares surged an impressive 26%. This market reaction underscores the market's confidence in the strategic synergy and growth potential arising from this transformative acquisition. One of the key highlights of this deal is the projected synergies of $150 million by the third year post-closure. Sunoco and NuStar anticipate that the combined strengths of their operations will yield substantial cost savings and operational efficiencies. These synergies are expected to enhance the overall competitiveness of the merged entity in an ever-evolving energy landscape. The acquisition is slated to close in the second quarter of 2024, pending regulatory approvals and other customary closing conditions. As the energy sector witnesses rapid transformations and increasing competition, this strategic move positions Sunoco to navigate challenges and capitalize on emerging opportunities. Sunoco's ( SET:SUN ) decision to acquire NuStar aligns with the broader industry trend of consolidation as companies seek to optimize their operations, enhance market share, and adapt to changing market dynamics. The merger is expected to create a formidable force in the energy sector, leveraging the complementary strengths of both companies to achieve sustained growth. Industry analysts are already buzzing with speculations about the potential impact of this acquisition on the broader energy landscape. As the merged entity emerges, investors will be keenly watching how Sunoco ( SET:SUN ) harnesses NuStar's assets and capabilities to create a more resilient and competitive business. In conclusion, Sunoco's ( SET:SUN ) acquisition of NuStar Energy represents a strategic chess move in the dynamic energy sector. With a substantial all-stock deal, a premium offered to NuStar shareholders, and anticipated synergies, Sunoco ( SET:SUN ) is poised to emerge as a stronger and more competitive player. As the deal progresses towards closure, the industry awaits the unveiling of a new, unified force ready to navigate the complexities of the evolving energy market.
NYSE:SUN
by DEXWireNews
Sunoco LP Strategic Moves Signal Growth Amidst Mixed Financials Sunoco LP., ( SET:SUN ) a key player in the energy sector, has recently unveiled a series of strategic moves that suggest a calculated approach to future growth. The company's announcement of a $1 billion deal with 7-Eleven, coupled with the planned acquisition of European terminals, reflects a commitment to expansion and optimization. While financial figures for the past year present a mixed picture, Sunoco's recent performance in Q3 2024 signals a positive trajectory. Strategic Moves for Growth: Sunoco's decision to sell 204 convenience stores to 7-Eleven for approximately $1 billion underscores the company's focus on streamlining operations and reducing leverage. The deal not only includes the sale of stores but also involves amending the existing fuel supply agreement with 7-Eleven, a move that could enhance fuel gross profit for Sunoco. The infusion of capital from the sale is earmarked to fortify the company's financial position and pursue future growth opportunities, all while ensuring a robust balance sheet and sustaining multi-year distribution growth. In addition to the 7-Eleven deal, Sunoco's intention to acquire 100% equity interest in Zenith Energy Netherlands Amsterdam B.V. signifies a strategic move into the European market. The acquisition includes liquid fuels terminals in Amsterdam, Netherlands, and Bantry Bay, Ireland, providing supply optimization for Sunoco's existing East Coast business. This move aligns with Sunoco's broader strategy of growing its portfolio of stable midstream income. The company anticipates the acquisition to be accretive to unitholders in the first year and plans to finance it using available amounts under its revolving credit facility. Financial Performance Analysis: Sunoco's financial performance in Q3 2024 reveals a tale of contrasts. While total revenue for the past year showed a robust 46.22% increase, net income figures dipped by 10.99% compared to the previous year. However, the most recent quarter tells a different story, with net income spiking by an impressive 280.3%, signaling a potential turnaround. Similarly, earnings per share (EPS) for the past year witnessed a decrease of 11.37%, but the third quarter of 2024 saw a remarkable improvement of 279.84%. Technical Outlook: From a technical standpoint, Sunoco LP Unit is currently in a rising trend channel in the medium to long term. Trading near the top of its 52-week range and above its 200-day simple moving average, the stock's upward momentum suggests a positive sentiment among investors. This trend could be attributed to the recent strategic moves, indicating that investors view Sunoco's growth initiatives favorably. Conclusion: Sunoco LP's recent strategic moves, including the 7-Eleven deal and the European terminals acquisition, demonstrate a proactive approach to growth and optimization. Despite mixed financial figures for the past year, the significant improvement in Q3 2024 suggests that Sunoco is on a positive trajectory. Investors, buoyed by the company's strategic initiatives, seem to be driving the share price higher, indicating a promising future for Sunoco LP.
NYSE:SUNLong
by DEXWireNews