Tron (TRX) Leads The Crypto Market With 100% Rally To New ATH, $0.5 Next?
Summary
Tron (TRX) surged over 100% in 24 hours, reaching a new all-time high (ATH) of $0.45, marking its highest point in nearly seven years. The token's price increased from a low of $0.22 to surpass its previous high of $0.23, with a market capitalization exceeding $36 billion. This rally positioned Tron back into the top ten cryptocurrencies, flipping rivals like Toncoin and Avalanche. Following the peak, TRX retraced about 20%, stabilizing around $0.33 while still maintaining a 20% gain in the last 24 hours. Analysts predict continued bullish momentum, with potential targets of $1.1 and $0.50 if support levels hold. TRX has seen an 80% increase over the past week and a 116% rise in the last month.
