On Wednesday (January 9th), as Bitcoin (BTC) struggled to stay above the $4,000 level, TRON (TRX) confidently powered its way past Tether (USDT) with a 12% surge in price to become the 8th most valuable cryptocurrency by market cap.
At press time (19:45 UTC), according to data from CryptoCompare, TRX was trading at $0.02952, up 12% in the past 24-hour period. Here is the one-day chart:
And TRX's performance in the past 30 days is even more impressive: during this period, the TRX price has gone from $0.01351 on December 10th (at 18:00 UTC) to $0.02949 on January 9th (18:00 UTC), i.e. gained in value by an amazing 118%:
TRON Founder and CEO, Justin Sun, who is a master of promoting TRON on Twitter, was quick to display his pride in TRON's strong performance and to put the coins higher up in the market cap table on notice by posting this tweet:
And an even more humorous tweet came from Dovey Wan, a co-founder of cryptoasset investment fund Primitive Ventures:
Featured Image Courtesy of TRON Foundation