Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Hyperliquid affects $ 6 billion in open interest while Bitcoin tests $ 105k near price discovery

2025-05-12

Move’s Price Chaos: Analyze whether it is a bargain or a hose trap

2025-05-12

When will Bitcoin 200K hit in 2025?

2025-05-12
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Ripple CTO predicts a big shift with ZK certificates: Details

    2025-05-12

    Kalps integrates with ENI to promote blockchain -innovation and RWA -Tokenization

    2025-05-12

    EMC protocol joins Dagama to restore confidence in Real-World reviews

    2025-05-11

    Stability World AI and Web3 decision unite to reform the confidence in decentralized ecosystems

    2025-05-11

    DAC and Origo Partner to transform health care via Web3 Innovation

    2025-05-11
  • NFT

    NFT -turns 10.6% to $ 115 million, Doodles Rally 500%

    2025-05-11

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Hyperliquid affects $ 6 billion in open interest while Bitcoin tests $ 105k near price discovery

    2025-05-12

    Brian Armstrong says that Coinbase considered placing 80% of the balance in crypto, but decided to be against it: report

    2025-05-12

    Bitcoin Price Breakout Brewing: Has a huge rally just started?

    2025-05-11

    This is what a comeback could activate for Bitcoin and Crypto, according to investor than Tapiero

    2025-05-11

    XRP has to close above these price levels to make Beararish forecast invalid

    2025-05-11
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»TRX rises to an ATH while Tron’s market cap hits an all-time high
Altcoins

TRX rises to an ATH while Tron’s market cap hits an all-time high

2024-12-05No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email
  • TRX is up 70.22% on the daily charts.
  • Tron’s market cap has reached an all-time high, while the coin reached an ATH.

Over the past day, Tron [TRX] has seen an exponential rally, hitting an all-time high of $0.45026 at the time of writing.

Since then, however, Tron has experienced a setback. At the time of writing, Tron was trading at $0.3868, up 70.22% from the last day.

During the same period, the altcoin’s market capitalization rose to a record high of $33.28 billion. Additionally, Tron’s trading volume increased 505.06% to $14.58 billion.

The altcoin has also shown an upward trend on the weekly and monthly charts, with gains of 92.87% and 133.44% respectively.

Now that the altcoin has hit a new all-time high (ATH), investors, especially whales, have entered the market, fearing they might miss out.

Whale collects 4.85 million tokens

According to Look at chaina new whale has entered the TRX race and started buying. After creating a new wallet, this whale withdrew 4.85 million TRX tokens worth $1.85 million from Binance.

When whales withdraw from the exchanges, they reduce supply, causing prices to rise due to a supply contraction. Greater demand with less supply usually precedes price increases.

As such, with whales entering the market, it shows that large holders are confident in the altcoin’s future prospects and are anticipating further gains on the price charts.

Tron Price Prediction

Typically, whale accumulation leads to positive price movements. However, since TRX is currently in an uptrend, these trades alone cannot take all the credit.

See also  Whale betting big against Bitcoin: $ 74.5 million short positions placed after BTC hits $ 92k

The entire market is overly bullish and investors are gearing up for more gains.

Source: IntoTheBlock

For example, Tron’s large holder inflows increased 428.9% to 902.12 million over the past 24 hours. This shows that whales are actively pumping money into TRX as they continue to buy.

Whales therefore play an active role in driving up prices.

Source: IntoTheBlock

AMBCrypto noticed this increased whaling activity due to the increase in the number of large transactions.

Data from IntoTheBlock shows that large transactions have increased to an annual high of 2.42 thousand. This implies that the increase in inflow and outflow is mainly due to large owners.

Source: IntoTheBlock

Tron’s outflow volume increased 74.12% in the last 24 hours, reaching $194.96 million. This suggests that most investors are withdrawing more TRX from exchanges into private portfolios or cold storage.

Such pullbacks indicate bullish market behavior, as previously seen with the withdrawal of whales from Binance.


Read TRONs [TRX] Price prediction 2024-25


What’s next for the altcoin?

With Tron attracting new whales, this indicates that major holders now see it as a viable investment. The increased bullishness among whales, along with retail traders, could push TRX to further gains.

If current momentum continues, TRX could regain $0.45 and reach a new ATH. If it crosses this level, the next target is $0.50. However, a market correction could see the altcoin drop to $0.35.

Next: LUNA’s 30% Rise – Will the Breakout Cross $1.50 on the Charts?

Source link

#TRX alltime ATH cap high Hits market Rises TRONs
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Move’s Price Chaos: Analyze whether it is a bargain or a hose trap

2025-05-12

Solana (SOL) ready for taking off – Bulls prepares for rally reboot

2025-05-12

Arbitrum rallies 26% per day: ARB can only push $ 0.5050 if …

2025-05-11

What is the best crypto to buy now? It’s not BTC, ETH or XRP – It only costs $ 0.025

2025-05-11
Add A Comment

Comments are closed.

Top Posts

Bitwise CIO Matt Hougan predicts institutional interest in Altcoins and calls 2025 the year of crypto diversification

2024-12-22

Bitcoin’s future comes down to this one question, says Bitwise

2025-03-11

Shib prepares for a breakout, watch resistance at $0.000009

2023-11-09
Editors Picks

Understanding Crypto Chart Patterns: A Guide to Smarter Crypto Trading

2024-05-10

Manta Network and SPACE ID Unveil .manta Domains – A Web3 Revolution

2023-12-23

Robinhood CEO Says Potential Fed Rate Cuts and Two Additional Catalysts Boosting Crypto Optimisim

2023-12-06

Native Bitcoin is available on DeFi for the first time, details here

2023-11-17
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Hyperliquid affects $ 6 billion in open interest while Bitcoin tests $ 105k near price discovery

Move’s Price Chaos: Analyze whether it is a bargain or a hose trap

When will Bitcoin 200K hit in 2025?

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,287.11-0.21%
  • ethereumEthereum(ETH)$2,549.271.69%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.421.81%
  • binancecoinBNB(BNB)$672.802.22%
  • solanaSolana(SOL)$175.180.43%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.2488216.16%
  • cardanoCardano(ADA)$0.822.62%
  • tronTRON(TRX)$0.2704662.88%
  • suiSui(SUI)$4.154.50%
  • chainlinkChainlink(LINK)$17.294.17%
  • piPi(PI)$1.5359.49%
  • avalanche-2Avalanche(AVAX)$25.261.98%
  • shiba-inuShiba Inu(SHIB)$0.0000178.45%
  • stellarStellar(XLM)$0.3142082.76%
  • hedera-hashgraphHedera(HBAR)$0.2130752.15%
  • the-open-networkToncoin(TON)$3.502.72%
  • hyperliquidHyperliquid(HYPE)$24.830.23%
  • polkadotPolkadot(DOT)$5.222.22%
  • bitcoin-cashBitcoin Cash(BCH)$413.990.09%
  • unus-sed-leoUNUS SED LEO(LEO)$8.482.98%
  • litecoinLitecoin(LTC)$102.350.94%
  • moneroMonero(XMR)$343.363.93%
  • pepePepe(PEPE)$0.00001513.45%
  • bitget-tokenBitget Token(BGB)$4.910.96%
  • daiDai(DAI)$1.000.02%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$7.09-0.17%
  • bittensorBittensor(TAO)$462.141.47%
  • nearNEAR Protocol(NEAR)$3.210.45%
  • aptosAptos(APT)$6.010.34%
  • ondo-financeOndo(ONDO)$1.073.07%
  • aaveAave(AAVE)$220.83-0.46%
  • okbOKB(OKB)$55.40-0.42%
  • kaspaKaspa(KAS)$0.12351715.80%
  • internet-computerInternet Computer(ICP)$5.955.58%
  • ethereum-classicEthereum Classic(ETC)$20.302.18%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.273.51%
  • vechainVeChain(VET)$0.0323864.42%
  • mantleMantle(MNT)$0.824.71%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2651481.81%
  • render-tokenRender(RENDER)$5.332.41%
  • gatechain-tokenGateToken(GT)$22.010.04%
  • crypto-com-chainCronos(CRO)$0.1010190.99%
  • ethenaEthena(ENA)$0.4158552.34%
  • arbitrumArbitrum(ARB)$0.4637300.35%
  • filecoinFilecoin(FIL)$3.221.94%
  • usd1World Liberty Financial USD(USD1)$1.000.10%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.883.45%
  • bitcoinBitcoin(BTC)$104,287.11-0.21%
  • ethereumEthereum(ETH)$2,549.271.69%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.421.81%
  • binancecoinBNB(BNB)$672.802.22%
  • solanaSolana(SOL)$175.180.43%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.2488216.16%
  • cardanoCardano(ADA)$0.822.62%
  • tronTRON(TRX)$0.2704662.88%
  • suiSui(SUI)$4.154.50%
  • chainlinkChainlink(LINK)$17.294.17%
  • piPi(PI)$1.5359.49%
  • avalanche-2Avalanche(AVAX)$25.261.98%
  • shiba-inuShiba Inu(SHIB)$0.0000178.45%
  • stellarStellar(XLM)$0.3142082.76%
  • hedera-hashgraphHedera(HBAR)$0.2130752.15%
  • the-open-networkToncoin(TON)$3.502.72%
  • hyperliquidHyperliquid(HYPE)$24.830.23%
  • polkadotPolkadot(DOT)$5.222.22%
  • bitcoin-cashBitcoin Cash(BCH)$413.990.09%
  • unus-sed-leoUNUS SED LEO(LEO)$8.482.98%
  • litecoinLitecoin(LTC)$102.350.94%
  • moneroMonero(XMR)$343.363.93%
  • pepePepe(PEPE)$0.00001513.45%
  • bitget-tokenBitget Token(BGB)$4.910.96%
  • daiDai(DAI)$1.000.02%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$7.09-0.17%
  • bittensorBittensor(TAO)$462.141.47%
  • nearNEAR Protocol(NEAR)$3.210.45%
  • aptosAptos(APT)$6.010.34%
  • ondo-financeOndo(ONDO)$1.073.07%
  • aaveAave(AAVE)$220.83-0.46%
  • okbOKB(OKB)$55.40-0.42%
  • kaspaKaspa(KAS)$0.12351715.80%
  • internet-computerInternet Computer(ICP)$5.955.58%
  • ethereum-classicEthereum Classic(ETC)$20.302.18%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.273.51%
  • vechainVeChain(VET)$0.0323864.42%
  • mantleMantle(MNT)$0.824.71%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2651481.81%
  • render-tokenRender(RENDER)$5.332.41%
  • gatechain-tokenGateToken(GT)$22.010.04%
  • crypto-com-chainCronos(CRO)$0.1010190.99%
  • ethenaEthena(ENA)$0.4158552.34%
  • arbitrumArbitrum(ARB)$0.4637300.35%
  • filecoinFilecoin(FIL)$3.221.94%
  • usd1World Liberty Financial USD(USD1)$1.000.10%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.883.45%