Tron Token Even More Bullish Than XRP
The post Tron Token Even More Bullish Than XRP appeared on BitcoinEthereumNews.com.
Tron could be the leader of the upcoming bull run, at least judging by the current performance. In the past 24 hours, $TRX surged by over 70% and hit its new all-time high above $0.4313. The project has now re-entered the famous top 10 list of cryptos by market cap, flipping Avalanche. During the run, Tron overcame a record $36.7 billion market capitalization. The project is now up by 279% year-to-date. The uptick came after the broader market surge, with all legacy cryptos growing. The Tron’s growth is proof of the altcoin season that could continue in December. So, if you want to invest, now is the best time. Here are the top altcoins with 100x potential in 2025. Top altcoins with 100x potential in 2025 Wall Street Pepe ($WEPE) Crypto All-Stars ($STARS) CatSlap ($SLAP) Flockerz ($FLOCK) Pepe Unchained ($PEPU) We will tell you more about them if you continue reading this article. Tron entered a bullish period. What’s next? The $TRX price increase came after the growth in open interest. Tron’s OI grew 180% from $157 million on December 3rd to a 3.5-year high of $438.3 million on December 4th. MMCrypto asked for some respect because Tron is one of the rare coins that outperformed Bitcoin over multiple cycles. Further, Tron’s founder, Justin Sun, became the biggest investor in Donald Trump’s crypto project. He invested 30 million in World Liberty Financial (WLFI) and was named an advisor to Trump’s DeFi project. Sun also became a highlight when he invested $6.2 million in Comedian Maurizio Cattelan’s well-known duck-taped banana artwork. The increase in the open interest shows investors are bullish on the token. This trend suggests further price increases. Technical analyst Mihir claims Tron could go up to $1.8 with a massive 336% growth. Some even suggest $TRX could become…
Filed under: News - @ December 5, 2024 8:15 pm