CandleFocus Tron (TRX) at $20: Justin Sun Invites Community to Do Simple Math
2024-11-22
Author: Content Editor
Tron's (TRX) price has been on a remarkable rally, with its price just one step away from its all-time high, despite the altcoin season lagging behind. In a humorous tweet, cryptocurrency exchange Poloniex calculated that with Tron founder Justin Sun's recent $6.2 million purchase of a banana, TRX could reach $20 as a reasonable price. Sun himself commented on this, suggesting that the rally to $20 is a matter of "simple math." Tron's community is excited about this development and believes that the TRX price is ready to begin its price discovery. TRX is one of the few major altcoins that has surpassed previous rally price levels, and it is close to reaching its almost seven-year high. With a market capitalization of over $17.2 billion, TRX is on the verge of becoming one of the top 10 cryptocurrencies by market cap.
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