TRON Price Analisis

Tron has seen a small price increase totalling +2.83% over the past 24 hours of trading. The cryptocurrency is currently exchanging hands at a price of $0.0246 (at the time of writing) after gaining a further 10.65% price increase over the past 7 trading days.
However, the rumour has been recently falsified as the partnership that was announced was simply the purchase of cloud computing for Tron from Baidu Cloud Storage. The markets have not responded particularly negatively to the announcement but many investors may be feeling alienated by Justin Sun at this moment in time.
Tron is currently ranked in 11th position in terms of overall market cap across the entire industry. It currently has a total market cap value of $1.62 billion after seeing a 27% price increase over the past 30 trading days. The 13 month old coin is still trading at a price that is 90% lower than its all time high value.
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