TRON Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
TRON (CRYPTO: TRX) experienced a 3.97% decrease in price over the last 24 hours, continuing a negative trend with a 1.0% loss over the past week. The trading volume for TRON has increased by 19.0%, and its circulating supply rose by 0.54%, reaching 87.65 billion. Currently, TRON's market cap ranks #16 at $10.06 billion.
April 12, 2024 | 7:02 pm
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NEGATIVE IMPACT
TRON (TRX) has seen a 3.97% price decrease in the last 24 hours and a 1.0% decrease over the past week, with its trading volume and circulating supply both increasing.
The price decrease of TRON (TRX) over both the last 24 hours and the past week, despite increases in trading volume and circulating supply, suggests a negative short-term sentiment among investors. The increase in supply could be putting downward pressure on the price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100