While Bitcoin is hovering within $12k, major altcoins are spiking today. Tron is one among them as TRX regains its top ten spot. The second leading altcoin is BitTorrent with 7% gains
TRON Price Analysis
According to the 24-hr time period, TRX has surged over 10 % from $0.0321 to $ 0.0353. This growth has increased the TRX market cap to $2.35 billion.
At the time of writing, the Tron coin price has increased by 4.21% against the USD, trading at $0.033643. In term of TRX/BTC, the price declined by -1.11% trading at 0.00000283 BTC.
Currently, the TRX coin is ranking at 10th position, holding market cap $2,243,364,261 USD with $872,921,796 USD 24-hour volume and 66,682,072,191 TRX circulating supply.
The reason behind the sudden surge might be the AMA meeting with founder and CEO Justin sun held today (8th July)
This AMA meeting is expected to be very helpful for the cryptocurrency community, as Justin will be answering to many queries raised by the users on the recent updates and launch announced by him on different social media pages. It seems that the whole Tron community is excited about this session.