We saw some further movements from the cryptocurrency markets yesterday that helped to move many of the major currencies up into new higher heights than have thus far been experienced in the past two months. This morning, we are seeing a stoop in many values unfortunately, whilst this is likely to do with market correction, we can’t write off any more sinister activity just yet, we will have to wait and see what happens.
TRON on the other hand is still relishing from a great week, with a further climb set to continue throughout the day, assuming the dreaded correction curse doesn’t catch up with it.
At the time of writing, TRON is valued at $0.074 and is up 24.70%.
As it stands, TRON is creeping up on $0.10, a significant figure on the premise that it marks a halfway point to TRON’s recovery, which did peak at $0.20 during the January cryptocurrency boom.
We have seen the value of TRON sky rocket over the past few days. This has obviously been helped along by an overall positive market-wide trend however, with things now in decline and TRON seemingly climbing, we can only assume something bigger is happening here.
Justin Sun, the founder of the TRON Foundation has recently tweeted that TRON is to be added to exchange Coinbene, with more trading pairs added to Bittrex also, which looks to have had an impact on the value of the currency.
This news could not have come at a better time for TRON. With the markets dropping, at the time of writing at least, good exchange listings can encourage a response that offers some damage control, bumping the average price of the currency so that, when the trend does take over and TRON begins to decline, which it no doubt will, it will be falling from a greater height and will therefore, in theory land at a greater height too. Yes, that goes against the laws of physics but this is cryptocurrency, not gravity!
Of course, the market correction we see at the moment could be just that and things will of course balance out over the coming days. Experts still believe another bull run is in sight so maybe we should expect this to be short lived. Either way, you can’t say that TRON isn’t smashing it right now!
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