TRX reaches a record high of 20 billion dollars, signaling the 'altcoin season' in December
Tron Token (TRX) has reached a record milestone of 20 billion USD in market capitalization, recording strong growth, especially as many analysts predict that the 'altcoin season' will begin this December. In the past 24 hours, the price of TRX has increased by more than 13% and reached 0.23 USD. Since the beginning of the year, TRX has increased a total of over 101% and 42% in the last month.
The rise of TRX is seen as a positive signal not only for this coin but also for other altcoins, as trading volume and market interest are on the rise. The fact that Tron founder, Justin Sun, has made a significant investment in a project related to Donald Trump has also attracted strong attention. Many analysts believe that as Bitcoin's (BTC) dominance wanes, investors will shift towards altcoins, creating favorable conditions for the altcoin season to develop in the coming months.