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Cryptocurrency News Articles

TRON (TRX) Price Hits New All-Time High of $0.23, Signaling Altcoin Season May Be Coming

Dec 03, 2024 at 07:18 pm

The Tron token has surpassed a record $20 billion in market capitalization, flashing another bullish signal for altcoins leading into 2025.

TRON (TRX) Price Hits New All-Time High of $0.23, Signaling Altcoin Season May Be Coming

The Tron (TRX) token has hit a new all-time high of $0.23 as the coin joins other altcoins in a bullish signal ahead of 2025.

The Tron token price hit a new all-time high of $0.23 after the token rose over 13% in the 24 hours leading up to 10:20 am UTC on Dec. 3, according to Cointelegraph data.

TRX is up 42% on the monthly chart and over 101% year-to-date (YTD).

TRX’s new all-time high comes shortly after Tron founder Justin Sun revealed he had become the largest investor in Donald Trump’s crypto project after investing $30 million in World Liberty Financial (WLFI) tokens on Nov. 25.

The TRX token’s new all-time high is the latest signal of a potential altcoin signal that could see smaller cryptocurrencies rally during December, according to some analysts.

Increasingly more analysts expect an altcoin season leading into early 2025, which could see Ether (ETH) rise to $4,000 before Jan. 20, when United States President-elect Trump officially takes office.

tron price hits new ath all time high crypto project donald trump to launch his own coin soon trx price today trx price now trx price 2023 trx price 2024 trx price 2025

Tron (TRX) Price Hits New All-Time High as Altcoin Season Heats Up Tron (TRX) has hit a new record high of $0.23 as the coin joins other altcoins in a bullish signal ahead of 2025.

The Tron token price hit a new all-time high of $0.23 after the token rose over 13% in the 24 hours leading up to 10:20 am UTC on Dec. 3, according to Cointelegraph data.

TRX is up 42% on the monthly chart and over 101% year-to-date (YTD).

TRX’s new all-time high comes shortly after Tron founder Justin Sun revealed he had become the largest investor in Donald Trump’s crypto project after investing $30 million in World Liberty Financial (WLFI) tokens on Nov. 25.

The TRX token’s new all-time high is the latest signal of a potential altcoin signal that could see smaller cryptocurrencies rally during December, according to some analysts.

Increasingly more analysts expect an altcoin season leading into early 2025, which could see Ether (ETH) rise to $4,000 before Jan. 20, when United States President-elect Trump officially takes office.

Meanwhile, Bitcoin (BTC) dominance fell below its two-year support line on Nov. 30 in another signal of the potential commencement of altcoin season leading into 2025.

Declining Bitcoin dominance suggests that investors are taking profit from their BTC positions and investing part of these funds into altcoins.

December’s altcoin rally has already started based on historical patterns emerging on the declining ratio of altcoins relative to Bitcoin’s market capitalization, popular trader Mikybull Crypto shared in a Dec. 3 X post:

tron price hits new ath all time high crypto project donald trump to launch his own coin soon trx price today trx price now trx price 2023 trx price 2024 trx price 2025

Tron (TRX) Hits New All-Time High, Signaling Potential Altcoin Season The Tron (TRX) token has hit a new record high of $0.23 as the coin joins other altcoins in a bullish signal ahead of 2025.

The Tron token price hit a new all-time high of $0.23 after the token rose over 13% in the 24 hours leading up to 10:20 am UTC on Dec. 3, according to Cointelegraph data.

TRX is up 42% on the monthly chart and over 101% year-to-date (YTD).

TRX’s new all-time high comes shortly after Tron founder Justin Sun revealed he had become the largest investor in Donald Trump’s crypto project after investing $30 million in World Liberty Financial (WLFI) tokens on Nov. 25.

The TRX token’s new all-time high is the latest signal of a potential altcoin signal that could see smaller cryptocurrencies rally during December, according to some analysts.

Increasingly more analysts expect an altcoin season leading into early 2025, which could see Ether (ETH) rise to $4,000 before Jan. 20, when United States President-

News source:www.tradingview.com

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