The much-hated red numbers in percentages are back again. After a well set revers at some degree, the crypto-market is facing sellers which are not showing any mercy. However, one very promising coin – TRON is still in the green trying to stick its head above waters.
It is happening very often recently, that TRON is the only coin which does not let down easily on days of losses. After surging heavily from $0.07652 to $0.08441 in a day, the pair TRX/USD met traders that are pushing it downward.
The rally has correlated with strong trading volumes on South Korean exchanges, which tend to price coins at a slight premium relative to most other platforms.
On the brighter side, TRX cleared the monthly long declining trend due the most recent market surge upon dipping for a weekend.
The precise trigger for Tron’s single-day uptrend is not immediately clear, though it’s likely connected to the impending launch of the cryptocurrency’s mainnet.
The MainNet launch that is now less than 9 days away. Also to remember is that Justin Sun and the Tron foundation had hinted about a Dream Home giveaway to one, or maybe more, lucky TRX fans or HODLers.