Cryptocurrency News Today TheBitTimes.com

The cryptocurrency market has seen hundreds of new assets every day. While some have managed to brave through the volatile winds of the market, a few others have faded away. There’s another category of altcoins that are nothing but mere scams. But one asset that has stood out is Tron’s TRX. Justin Sun of the TRON Foundation officially launched TRX in September 2017. The project started off as an ERC-20 token on the Ethereum blockchain before moving to its own separate TRON mainnet. This further went live on June 25, 2018, a day that the community frequently refers to as “Independence Day.” Also Read: MicroStrategy Buys 3,459 More Bitcoin Worth $285.8M – Saylor Now Holds 531,644 BTC How Much Has Tron’s TRX Grown Throughout The Years? Source – The Tech Report Since 2018, the cryptocurrency has witnessed a massive uptick of 12382.14%. During its launch, TRX went from trading at a low of $0.00205 all the way to a high of $0.4407. The altcoin hit this peak...

The Tron (TRX) network has been making headlines for a while now. Justin Sun, the man behind the network, recently announced the launch of a wrapped version of TRX on Solana (SOL). This is set to be a major collaboration between two prominent networks. This news barely influenced the price of the cryptocurrency. Throughout the past week, TRX surged by 1.65% and hit a high of $0.242. But the real question is if the altcoin will continue this uptrend towards the end of the month. Also Read: Tesla Stock: Has TSLA Bottomed Out in Price? How Is Tron Trading Today? Source: Coinpedia Over the past 24 hours, the altcoin recorded a 0.26% drop. At the time of writing, TRX was trading at $0.2292. Earlier today, the asset jumped all the way to a high of $0.2333. It should be noted that Tron’s TRX recorded a new all-time high in the month of December 2024. The asset reached a peak of $0.4407. The asset is currently 48% below this milestone. Source: CoinMarketCap More recently, the total transa...

TRX shows strong bullish momentum, with technical indicators pointing to a potential breakout beyond the $0.225 mark. The market’s growing optimism around TRX stems partly from Justin Sun’s recent remarks, which have fueled speculation and drawn comparisons to XRP’s impressive 400% surge. XRP’s recent rally inspires similar market behavior and sentiment for TRX. Investors are beginning to spot parallels in how both assets are gaining traction, suggesting that TRX may follow a similar upward trajectory if its current momentum continues. This has sparked discussions around whether TRX could reach the $0.30 target shortly. The combination of positive technical signals and increased market enthusiasm suggests that TRX could see significant price movement in the coming weeks. In light of the positive crypto market wave, investors are searching for affordable tokens, particularly the best altcoins to buy now . 5 Best Altcoins to Buy Now The Sandbox (SAND) experience...