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news-imageNovember 30, 2024

Is TRX at a Local Top? Sharpe Ratio and Market Data Suggest Potential Pullback

Tron's native cryptocurrency, TRX, has enjoyed a strong bullish run throughout 2024, making impressive gains in the process. However, recent analysis points to a possible pullback, as indicators suggest that the cryptocurrency may be reaching a local top.
Publisher: The Currency Analytics
Sentiment: Negative
TRX

More News Articles

Positive
cover-imageThe Daily Hodl
November 28, 2024

TRON Founder Justin Sun Named Advisor to Donald Trump's World Liberty Financial After Acquiring 10% Stake

TRON (TRX) blockchain founder Justin Sun is now an advisor to World Liberty Financial (WLFI), the decentralized finance (DeFi) crypto project backed by US President-elect Donald Trump. In a post on social media platform X, WLFI says Sun's qualifications will enable him to make significant contributions to the development of the platform.

Positive
cover-imageThe Currency Analytics
November 28, 2024

Tron Price Prediction 2024-2030: TRX to Reach $1 by 2030

Tron (TRX) has established itself as one of the top cryptocurrencies, currently ranking 9th by market capitalization. With its native blockchain designed to power decentralized applications (dApps) and the second-largest decentralized finance (DeFi) ecosystem, Tron has become a key player in the crypto space.

Positive
cover-imageThe Daily Hodl
November 27, 2024

CryptoQuant CEO Says Ethereum Rival Has Achieved Strong Market-Product Fit Hosting $60,000,000,000 in USDT

An Ethereum (ETH) competitor has captured a massive share of USDT stablecoin transactions, according to the chief executive of the analytics firm CryptoQuant. Ki Young Ju says on the social media platform X that the value of the USDT hosted on Tron (TRX) is now more than three times the layer-1 blockchain's market cap.

Positive
cover-imageCryptopolitan
November 26, 2024

TRON's Justin Sun joins Trump's crypto venture WLFI as Advisor

Donald Trump's crypto platform, World Liberty Financial (WLFI), just locked in a high-profile partnership by bringing Justin Sun onboard as an Advisor. The founder of TRON and one of blockchain's most talked-about figures, Sun has also invested $30 million into the platform, making him WLFI's largest backer.

Positive
cover-imageCrypto Economy
November 26, 2024

Tron's Justin Sun Supports Donald Trump's WLFI with $30M Investment

TL;DR Justin Sun, founder of Tron, invested $30 million in World Liberty Financial (WLFI), becoming the main investor in the project associated with Donald Trump. The partnership with Tron could provide WLFI with a robust infrastructure, boosting its global adoption and positioning it in the crypto market.

Neutral
cover-imageCoingape
November 25, 2024

Justin Sun's TRON Invests $30M In Donald Trump's World Liberty Financial

Justin Sun, the founder of the TRON blockchain, has made a $30 million investment in World Liberty Financial (WLFI), a decentralized finance (DeFi) project backed by President-elect Donald Trump. The purchase was completed through a wallet linked to Sun's HTX exchange, formerly known as Huobi, and comes as WLFI struggled with slow initial token sales.

Positive
cover-imageInvezz
November 22, 2024

Tron price analysis as revenues jump, TRX supply crashes

Tron price has gone parabolic, rising for two consecutive weeks and reaching its all-time high of $0.2067. It has soared by over 350% from its lowest point in 2022, bringing its market cap to over $17 billion, making it the eleventh-biggest cryptocurrency in the industry.

Positive
cover-imageThe Currency Analytics
November 22, 2024

TRON's USDT Dominance and Its Impact on TRX Price Growth

TRON (TRX) has been enjoying a significant resurgence this November, with its price making impressive gains, and the network showing strong performance across several key metrics. While the token's price increase is drawing attention, it is the dominance of USDT (Tether) on the TRON network that could be setting the stage for further growth.

Positive
cover-imageInvezz
November 14, 2024

Tron (TRX) price eyes $1.68 as large investor inflows surge 450%

Tron (TRX) bulls flexed their muscles as they propelled the altcoin to $0.1825 on 13 November. Meanwhile, potential profit-taking catalyzed slight declines to press time levels of $0.1820. Meanwhile, the altcoin exhibits notable upside strength, signaling a potential 820% increase from current prices to $1.681.

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