Mkr and Tron chart looks strong *$MKR $1555- area support $TRX 0.109 area of support if it fails there then will remove.
The Tron crypto project was built on smart contracts, a proof-of-stake consensus, and decentralized applications (dApps). None of these were innovative at the time, but it allowed the project to focus on the user experience and not worry about the baseline concepts.
The main principle of the Tron network is decentralization; all data is free to view and not controlled by a single authority.
The main use of the platform is for content creators, who are also rewarded with the Tron coin TRX. It is also capable of supporting other various applications and games, as well as TRX transactions, without any fees. Therefore, it is used as a payment method by many companies. TRX tokens are rewarded based on their proof-of-stake mechanisms, and are not created by mining.
The fastest, most convenient way to purchase Tron is to purchase it on ICONOMI. We check Tron live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Tron by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Tron is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Tron, we recommend you read the next section, as copying might be a better approach.
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Tron in their structure.
Here you can read and comment on all posts made by Strategists about Tron TRX. See all Tron price predictions in real time and make the best use of their crypto knowledge.
RON $TRX has recently surpassed the impressive milestone of 190 million accounts, illustrating a substantial user base and consistent platform engagement. With an annual peak of 3.8 million active users in June 2023, TRON’s ability to attract and maintain a robust user community is evident.
Currently, TRX is trading at approximately $0.097556, maintaining stability over daily and weekly periods. Its market capitalization for the circulating supply has reached $7.87 billion, with an annualized revenue standing at $1.10 billion. These figures underscore TRON’s financial health and its substantial presence in the cryptocurrency market.
The Total Value Locked (TVL) in TRON is another metric worth noting, currently standing at $7.842 billion. This level of TVL signifies the substantial amount of assets locked within the TRON ecosystem, reflecting user confidence in the platform.
In terms of network utilization, TRON’s blockchain has solidified its position as the leading platform for USDT settlements, with an average of 5.17 million daily transactions recorded in the past months. This 8% increase in daily transactions is indicative of the growing and sustained use of the TRON network.
From a technical standpoint, $TRX has demonstrated a positive momentum. Trading above its moving average and with a Relative Strength Index (RSI) around 53, the cryptocurrency is exhibiting stability and market confidence. The Bollinger Bands, indicating reduced volatility, further corroborate this stable outlook.
Strategic developments have played a crucial role in supporting TRX’s market presence. The integration with GP-Protocol’s AI execution technology, partnerships with organizations like APENFT and the Giacometti Foundation, and the introduction of TronBox have collectively enhanced TRON’s functionality and appeal.
⭐ Rebalancing Info 4.9.2023 ⭐
Strategy Performance August: -11,24%
Best in August: $TRX +2,20% 📈
Worst in August: $MATIC -38,99 % 📉
Number of copiers no change.
Tron (TRX) price history shows the highest value of 0.17 USD . We recorded this price on April 16, 2021, but we cannot exclude that a higher price was registered before June 22, 2020.