The native token of the TRON network — $TRX — updated its all-time high (ATH) at $0.45 on the night of December 4, 2024. As a result of this jump, the asset entered the top 10 largest cryptocurrencies by market capitalization.
According to TradingView, on the morning of December 4, the coin's price pulled back. At the time of preparing this material, TRX is trading at $0.39:
Against the backdrop of the ATH update, the coin entered the top 10 largest crypto assets, pushing Avalanche (AVAX) out of the way. At the time of writing, the market capitalization of TRX is $33.5 billion. Over the past 24 hours, it has increased by more than 67%.
The rise in the TRX price occurred against a series of publications on the page of the founder of the TRON project, Justin Sun. In one of them, he stated that TRX is equal to XRP, and in another — that TRX surpasses the US dollar. #2024withBinance
