Tron (TRX) spiked nearly 11% to $0.73 over 24 hours leading up to early Monday morning. The Justin Sun-founded coin is riding high on a recent announcement of a new stablecoin called USDD or Decentralized USD on its network.
Tron’s spike at press time exceeded the 24-hour gains seen in Bitcoin, Ethereum, and Dogecoin (CRYPTO: DOGE).
Tron (TRX) Price Performance
Time-frame
% Change (+/-)
24-hour
11%
24-hour against Bitcoin (CRYPTO: BTC)
8.2%
24-hour against Ethereum (CRYPTO: ETH)
7.8%
7-day
15.3%
30-day
-3.8%
YTD-performance
-4.6%
See Also: Best Crypto Debit Cards
The TRX Factors
Tron was seen trending among retail investors on Stocktwits. The coin was the number-two …
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