TRON Close To New Peak: Can It Follow Bitcoin, XRP, & BNB?
TRON (TRX) is inching closer to its all-time high of $0.4313. The asset hit a peak in December 2024, but faced a quick correction soon after. TRX is currently down by 26.3% from its all-time high. The asset could reclaim its peak if it continues its upward trajectory. Bitcoin (BTC), XRP, and Binance’s BNB have all hit new peaks over the last few days. TRX could be the next crypto to achieve a new high. When Could TRON Hit A New All-Time High? Source: CryptoRank TRX is currently up 2.2% in the daily charts, as CoinGecko reveals, 5.7% in the weekly charts, 10.9% in the 14-day charts, 19.1% in the monthly charts, and 141.9% since July 2024. TRX’s rally follows the general market bullish wave we have seen over the last few weeks. Source: CoinGecko TRON’s rally is likely due to a market-wide resurgence. There is ample FOMO (Fear Of Missing Out) among investors. Retail players may be entering the market after a substantial period of hibernation. The market rally was initiall...