5 days ago

Tron (TRX) Hits $0.35 Amid Bearish Divergence Warning from On-Chain Data

TLDR: TRX price climbed to $0.35 while total token transfers fell sharply from 17.3 billion to 12.2 billion. The drop in network activity during a price rally points to speculation rather than organic on-chain demand. Tron Inc. acquired 142,957 TRX at $0.3498, pushing total treasury holdings past 695.2 million tokens. Analysts warn the $0.35 price [...]

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Source: Blockonomi →