Although some of the bearish market momentum has begun to relent once again, it seems unlikely most markets will note any sort of positive momentum throughout today. The Tron price, while still under pressure, may very well see a rebound fairly soon. Its losses in BTC value are nearly gone, which should allow the USD value to recover a bit of lost ground as well.
Tron Price Tries to Break Even
It is always interesting to see how individual cryptocurrency projects evolve as more time progresses. The fewer projects rely on Bitcoin’s price momentum first and foremost, the healthier the ecosystem will become. As far as Tron is concerned, it remains to be seen what role Bitcoin’s price momentum plays exactly. More often than not, it would appear as if Tron couldn’t care less about what Bitcoin offers.
This is also evident when looking at the Tron price momentum over the past 24 hours. A net loss of 0.9% in USD value is not positive, but it is not necessarily insurmountable either. There is also the 0.5% loss over Bitcoin,…