Tron (TRX) Hits New All-Time High, Surpassing 2018 Milestone of $0.22
- Tron (TRX) price hit a new all-time high of $0.23 after a 12% increase in the last 24 hours.
- This is the highest price the altcoin has reached since the previous peak in June 2018.
- The rise has sparked speculation that the value might continue to climb in the short term.
Tron (TRX) has reached a new all-time high today after the price rallied by 12% in the last 24 hours to reach $0.23. The development also ensures that the altcoin’s market cap climbed above $20 billion, which is also a new high.
This significant surge could be linked to the broader rally in altcoins’ value and rising institutional and retail interest in the token. But will TRX’s price continue to rise?
Tron Rising Demand Drives It to New Peak
Thirty days ago, Tron’s price was $0.16. After a 41.02% hike since then, it sits at a new all-time high. Before this milestone, TRX’s all-time high was in June 2018, when its value climbed to $0.22 and was below this threshold for a long period.
But with rising buying pressure over the last few weeks, Tron’s price hit 0.23, and speculation spread that it could go higher.
This is a developing story…
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