With less than a week to go for the Tron Testnet to launch, TRX prices have been highly optimistic, and have been on quite a rise. The Tron Testnet is all set to launch on the 31st of March and the effect can clearly be seen on the TRX price. The currency has been on a slow surge over the past week and the prices are expected to continue rising. Let us take a closer look at Tron price updates over the past 24 hours and over the past week.
TRX Price Over The Past 24 Hours
Over the past 24 hours, TRX prices went from $0.043 to $0.046. However, the highest point of this 24 hour period came when TRX price took two major leaps – and went from $0.043 to $0.047, from $0.047 to $0.05 and from $0.05 to $0.052 in a couple of hours. Over this period, Tron’s market cap went from $2.8 Billion to $3.4 Billion – where it peaked. The currency’s market cap closed the day at $3.07 Billion.
TRX Price Over The Past 7 Days
In the past seven days, Tron went from $0.026 to $0.052 – a gain of 100% in a week. it has been a good time for Tron investors. TRX prices closed the week at $0.046, but it is expected that this price surge will continue till the testnet finally launches. Tron began the week with a market cap of $1.7 Billion, which got doubled over the week when the currency hit its highest point.
TRX Price Expectations
TRX price is expected to continue growing at this mercurial pace. It is best advised to set up a stop-loss system in place allowing you to cashout in profit. However, many market experts also suggest that this is a good time to buy TRX as the prices are expected to continue rising over the next few days.
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Disclaimer: Neither the management nor the authors at CryptoCrimson are responsible for any losses, financial or otherwise, which may occur due to investing based on our articles. These are market predictions – which are not set in stone. The information provided is only for educational purposes and cannot be considered a financial advice.