Tron Founder Justin Sun proves money can't buy taste - unless it's a $6.2 million banana.
TRON has broken key resistance levels, with technical indicators and liquidations supporting the bullish momentum.
Tron's (TRX) rally to $20 and higher is a question of "simple math," Justin Sun ironically commented on X. Meanwhile, the crypto is actually rocketing; the TRX price is one step away from its all-time high despite the altcoin season lagging.
Justin Sun, the founder of the TRON blockchain platform, recently made headlines with an unexpected acquisition—Maurizio Cattelan's infamous artwork "Comedian," which features a banana duct-taped to a wall.
Tron price continued its strong momentum this week and reached an all-time high, pushing its market cap to over $17 billion. Tron (TRX) surged to a record high of $0.
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.
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.
TRON's Justin Sun drops $6.2M on a banana taped to a wall, proving crypto kings have a wild sense of artistic humor.
TRON's November recovery means the network is in a good position right now.
Tron has experienced a sustained uptrend over the past month, putting 99.71% of TRX holders in profit.
As the crypto market hints at a potential surge, focus shifts to Monero and Tron. According to ChangeNOW, a platform for exchanging cryptocurrency without registration, transaction volumes for XMR and TRX have grown.
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.
TRON price is hugging all-time high price after soaring on November 13 and hitting $0.1825. Since then the asset has retraced to its current price of $0.1813.
Tron's (TRX) price has hit a new 52-week high, signaling a strong bull run that many believe could push the altcoin toward $0.2621. However, recent market pullbacks and technical patterns are raising questions about whether the bullish momentum can continue in the short term.
For the first time since May 2021, Tron (TRX) price has registered a daily close above 17 cents. The large-cap altcoin, with a fully diluted valuation (FDV) of about $15.2 billion, has seen its daily average traded volume more than triple in the last week to hover about $1.
TRON's price has risen to $0.1778 with a 7% daily gain, supported by a 121% surge in trading volume to $1.62 billion and positive technical indicators including a 0.04% funding rate and 88.33% weekly increase in inflow volume.
TRON hits $0.18 with a 7% surge, sparking speculation on reaching 2018 highs.
With a market cap of $15.39B, Tron remains the 10th biggest crypto market. Following a massive surge last night, the TRX prices take a quick U-turn back for a retest. Delaying a weekly chart breakout rally, Tron stands at a crossroads with the price action traders paying close attention.
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The price rally comes in the wake of Donald Trump's return to the White House, with analysts predicting a new dawn for the crypto industry.
After the Ethereum price registered a strong 29% gain moving to $3,200 over the past week, Tron founder Justin Sun cashing out part of his ETH investment. Reportedly, dormant ETH whales have also turned active by offloading their holdings.
Big investors back CATZILLA, a rising crypto that could rival giants like TRON and Cardano—exploring its potential. #partnercontent
TRON (TRX) price has fallen between the moving average lines and faces rejection at the $0.17 high.
HashKey Global's support for TRC-20 USDT and TRX boosts TRON's global reach, enhancing blockchain adoption and digital asset accessibility. The post HashKey Global announces support for TRC-20 USDT and TRX appeared first on Crypto Briefing.
TRON DAO's involvement highlights its strategic role in shaping blockchain's future, enhancing global digital finance infrastructure. The post TRON DAO participates as gold sponsor at Binance Blockchain Week in Dubai appeared first on Crypto Briefing.
TRON's ecosystem growth highlights the transformative potential of meme coins in driving blockchain innovation and expanding user engagement. The post TRON's meme coin boom: SunPump, $SUNDOG, and Nexmate.AI drive ecosystem growth appeared first on Crypto Briefing.
The US election sparked huge volatility. Aiming to make the most of the upcoming bull run post-election, top analysts recommend betting on DTX Exchange (DTX), a new altcoin at the crossroads between TradFi and DeFi.
Ethereum and Tron are building positive momentum and are ready to surge higher, while Sui has reached record levels following the U.S. election
Tron (TRX) is trading at approximately $0.1619, with a market cap of $13.99 billion, and it remains one of the top altcoins in the cryptocurrency space. With the broader market showing signs of recovery and growth in decentralized finance (DeFi), questions about whether TRX can reach the $1 mark by 2030 are becoming increasingly common.
Tron price has come under pressure this month as it retreated by 5.70% from the year-to-date high. TRX fell to $0.1612 on November 7 and is at risk of more downside if it losses the lower side of the rising broadening wedge pattern.
Justin Sun, the creator of the Tron blockchain, and now the owner of two exchanges – Huobi and Poloniex – has shared a bullish outlook for the near future of the cryptocurrency market, specially stressing the second largest cryptocurrency Ethereum.
Binance, one of the world's largest cryptocurrency exchanges, has issued a key notification regarding upcoming Tether (USDT) transfers across multiple networks.
Tron (TRX) experienced a significant surge in network activity during October, showing promising growth in blockchain adoption. However, the optimistic trend quickly reversed in November, leaving many wondering what went wrong for the popular blockchain platform.
Tron also witnessed an increase in its share of total transactions among leading altcoin blockchains.
Tron's network activity surged considerably last month, but the trend changed in November.
TRON (TRX) has recently demonstrated resilience despite minor price fluctuations. As of November 5, 2024, TRON's price dipped slightly from $0.1678 to $0.1654, reflecting a 1.8% decline at the beginning of the month.
The cryptocurrency market is always in motion, but recent developments in popular coins like Tron (TRX), Solana (SOL), and XRP are catching the eyes of traders and investors. While some coins are struggling, others are showing signs of hope.
TRON price is poised for a significant 150% breakout, but there is an important caveat to consider before getting too optimistic. While the potential gains are enticing, the TRX chart setup shows a sTRONg resistance that the price must first overcome before it can rally 150%.
TRON price is poised for a significant 150% breakout, but there is an important caveat to consider before getting too optimistic. While the potential gains are enticing, the TRX chart setup shows a sTRONg resistance that the price must first overcome before it can rally 150%.
The Tron blockchain network has reached another significant milestone as its transaction volume increased for the eighth consecutive month in October. According to the latest data, the platform recorded an average of 238.6 million transactions in October, marking an 8.15% jump from September.
The Tron project has displayed an impeccable price performance this year. Further, with increased adoption and the launch of a unique and exciting project on its blockchain, its native token “TRX” has outperformed major cryptocurrencies over the past few months.
Digital assets traded in the red today as cryptocurrency enthusiasts remain skittish amidst the United States Presidential elections. Bitcoin price retraced towards the $68K mark, dragging the altcoin market lower over the past day. The bellwether token trades at $68,790 at press time, with bears signaling further declines before probable uptrends.
While cryptocurrency bears tightening their grip amidst the United States Presidential elections, Tron (TRX) holders enjoy profits. IntoTheBlock data shows that 97% of investors are making money at current prices, with 2% at break even and only 1% experiencing losses. Such significant profitability levels reflect Tron's resilience and unwavering confidence in the altcoin's future.
TRON's latest price action could come in for significant volatility soon.
XRP has been stuck in a downward trend since the end of October and is finding it difficult to pick up steam. The chart displays a distinct downward trendline that has served as a barrier that XRP has been unable to overcome.
TRON (TRX) was one of the most active chains in October, handling more than 43% of all altcoin chain traffic. TRON also had the second-highest monthly revenues for 2024.
Crypto Twitter got spicy after Coinbase CEO Brian Armstrong said the exchange doesn't charge fees, with other execs pushing back.