TRON Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
TRON (CRYPTO: TRX) has experienced a 3.19% decrease in price over the last 24 hours, continuing a weekly downward trend of -3.0%. Despite this, trading volume has increased by 13.0%, while the circulating supply has slightly decreased by 0.31%. TRON's market cap ranking is currently #17 at $10.24 billion.
April 02, 2024 | 7:02 pm
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NEGATIVE IMPACT
TRON (TRX) has seen a 3.19% price decrease over the last 24 hours and a -3.0% change over the past week, with an increase in trading volume by 13% and a slight decrease in circulating supply.
The decrease in TRON's price over both the last 24 hours and the past week, despite an increase in trading volume, suggests a bearish sentiment among investors. The slight decrease in circulating supply might not be enough to counteract the negative price movement in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100