TRON is ranked at #11 beneath Stellar in the market. The trading volume recorded stands at approximately $707.988 million, whereas the supply has 66.682 billion TRX coins in play as of this very moment. The total market cap of TRON amounts to $1.063 billion. The price received a boost of 3.45% in the course of the past 24-hours; this, in turn, brought TRX all the way up to $0.015949 where it presently rests.
#TRON has added another 500,000 users on the mainnet in Q3 – with a total amount of over 3.7 million mainnet addresses it has become the largest blockchain platform that launched since 2017.
— Justin Sun (@justinsuntron) October 8, 2019
According to the candlestick chart connected to the TRX/USD pair on tradingview [based on the data obtained from the Bitfinex Exchange], buyers are finally back in action which helped TRON recover in the neutral zone. The daily RSI [for 14 periods] is at 54.43, signifying that further growth would bring TRX to the overbought zone.
From 4th October onwards, the MACD line started climbing atop the signal line, which, in turn, led to the creation of a green histogram over the zero line. In the aftermath of 29th September, the peaks tied to the Awesome Oscillator have all possessed the green shade. Support can be found near the $0.01296 level, and chief resistance may be felt adjacent to the $0.01868 mark.
On October 11th 00:00 UTC we will initiate our ninth $BTT airdrop and reward TRON $TRX holders with 990,000,000 #BTT! Here’s everything you need to know about our airdrop program and how to be eligible.https://t.co/kFTnkIGHwv
— BitTorrent Inc. (@BitTorrent) October 8, 2019
Essentially, TRON is a rapidly growing ecosystem with a varied number of applications in the field of DApp development, cross-border transfers, and so on. Justin Sun has attracted the attention of nearly 2 million followers on Twitter [though this number may include a large number of bots that have been used as strategies for marketing in the past].