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FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. You should do your own thorough research before making any investment decisions. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. Information on these pages contains forward-looking statements that involve risks and uncertainties. The altcoin’s price is above the 100-day Simple Moving Average, close to its 52-week high. The demand for Tron is increasing from retail and institutional investors. The spike in on-chain activity of Tron can be attributed to the listing by leading cryptocurrency exchanges, demand from investors and new partnerships in the network.Īnalysts have evaluated the Tron price trend and network activity they observed a rise in buy and hold type investors and portfolio managers. The listing fueled the adoption of Tron and increased the altcoin’s demand among investors. While projects on the Tron network continue building, it contributes to the rising total value locked on the blockchain.īinance recently announced the listing of Tron on its US exchange. The total value locked on Tron has surpassed $57.8 billion and continues its climb. 3rd April: #TRON burns more than 6,708,836 coins with a net production ratio less than zero -1,642,852 /TRpqXpBLNl
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