TRON Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
TRON (TRX) has seen a 3.19% decrease in price over the past 24 hours, despite a 4.0% increase over the past week. Trading volume has increased by 42.0%, while circulating supply has decreased by 0.14%. TRX's market cap is currently ranked #12 at $11.66 billion.
July 16, 2024 | 3:03 pm
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NEGATIVE IMPACT
TRON (TRX) has experienced a 3.19% price drop in the last 24 hours, contrasting with a 4.0% increase over the past week. Trading volume has surged by 42.0%, while circulating supply has slightly decreased by 0.14%. The market cap stands at $11.66 billion, ranking it #12.
The 3.19% price drop in the last 24 hours indicates a short-term negative sentiment. Despite the weekly gain and increased trading volume, the immediate price movement is downward, suggesting potential short-term selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100