Tron's price has been on a downward trend, reaching its lowest level in over four weeks. Despite this, founder Justin Sun urged investors to buy the dip, stating that Tron remains undervalued. Tron's strong fundamentals, including its ranking as the third-largest player in decentralized finance and its dominance in Tether transactions, support Sun's bullish stance. Tron also performs well in the decentralized exchange industry and has a high number of active addresses. The network offers competitive staking yields and has seen a decline in circulating supply. Tron's price has formed a bullish double-bottom pattern, suggesting a potential recovery if it remains above the support level.



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