TRON (TRX) Price Rises by 3.4% in the Past 24 Hours
TRON (TRX), a popular cryptocurrency, has seen a price increase of 3.4% over the past 24 hours, reaching $0.11. This upward trend follows a week of positive movement, with TRX experiencing a growth of over 5.0% from $0.11 to its current price. It is worth noting that TRON’s all-time high stands at $0.23.
To better understand TRON’s recent price movements, let’s analyze the chart below, which compares its volatility over the past 24 hours (left) to its movement over the past week (right). The gray bands depicted in the chart represent Bollinger Bands, which measure volatility. The wider the bands or the larger the gray area, the higher the volatility.
In terms of trading volume, TRX has experienced a 2.0% decrease over the past week, aligning with the overall circulating supply of the coin, which has decreased by 0.03%. Currently, the circulating supply of TRX stands at 88.16 billion. With a market cap of $10.14 billion, TRON holds the #12 ranking according to the latest data.
It’s important to note that this article was generated by Benzinga’s automated content engine and reviewed by an editor. For more information on TRON and its price movements, it is recommended to refer to reliable sources such as CoinGecko API.
In conclusion, TRON has shown positive price movement in the past 24 hours, with a 3.4% increase. The coin’s performance over the past week has also been promising, experiencing a growth of over 5.0%. As always, investors and enthusiasts should conduct thorough research and analysis before making any investment decisions.
