Tron makes major jump as market rebounds
The value of Tron (TRX) went up 33% on Thursday against the US Dollar. One TRX is now 0.016 USD, while it traded just above 0.011 USD four days ago. The price spike of Tron is not an incident, as the entire market is making a rebound after the dramatic decline that happened in the past two weeks. Before that dramatic downfall TRX was trading around 0.24 USD.
Despite the hopeful bullish movement, it’s likely that the price will decline a bit. Day-traders will take their daily profits and sell off the coin, only to jump back in at a later moment.
In the past 24 hours Bitcoin has seen a 4.2% rise in value. One BTC will not cost $4284. There are some projects that clearly outperformed bitcoin, as some of them have seen ten, twenty and even thirty percent value increase.
- Sirin Labs Token (SRN) — $0.10844 (+31.16%)
- Bitcoin Private (BTCP) — $2.63 (+29.52%)
- Factom (FCT) — $10.44 (+28.22%)
- Verge (XVG) — $0.008947 (+22.01%)
- Aelf (ELF) — $0.14246 (+16.78%)
- 0x (ZRX) — $0.449358 (+15.00%)
Despite all the market growth in the past day, there are some coins that have been losing value. Tezos (XTZ) lot 10.75% of value as its downtrend continues, while Bitcoin Cash SV (BSV) dropped below one hundred dollars thanks to a 5.77% price drop. BSV is now worth $94.30 a piece.
Originally published at NEDEROB.
