Tron or TRX is the newest coin to dominate cryptocurrency. In the past 24 hours, TRX has gained 6%. TRX’s trend on CoinMarketCap is green and the token has surpassed Cardano to take ninth place.
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AI Sets Tron Price for September 1st
Tron Foundation is currently headed by Justin Sun. Justin Sun founded the Tron Foundation. Tron was described as a decentralized operating system by CMC. This chain was created to provide value propositions to content creators.
“The project was created with the aim of providing full ownership rights to makers of digital content. The main goal is to help content creators (who receive only a small part of the income) and encourage them with more rewards for their work.”
Johnny the notable finance expert, who is well-known in the cryptosphere for his expertise on financial matters, took to X and explained how Tron had become the most profitable chain.
“Tron Chain is now the #1 chain in revenue in all of crypto, generating over $1 million in revenue in the last 24 hours. $TRX and @justinsuntron may have found a new niche in the market.”
TRX price prediction for 1st September
AI portals, with its increasing popularity have created a new Tron price forecast. According to CoinCodexTron’s price may rise by an additional 4 percent on the 1st of September, while trading at $0.16. This will be done with consistent drops and spikes to keep a neutral outlook.
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Token Price Predictions for the Mid-September
This September, CoinCodex TRX’s price may drop suddenly, which could push the momentum of its flow to a more gradual one. The price of the token might be $0.13 in September.
“According to our current TRON price prediction, the price of TRON is predicted to drop by -15.33% and reach $0.134903 by September 20, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 26 (fear). TRON recorded 19/30 (63%) green days with 4.44% price volatility over the last 30 days.”
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Source: watcher.guru