The crypto market is a sea of red with many coins trading negatively in the past 24 hours. One coin that has been swept in this wave is Tron despite its recent developments within the crypto space. We had earlier reported a series of events that have occurred to Tron in the past few days.
The blockchain platform announced yesterday that its native Wallet had been successfully integrated into Opera Web Browser. This means that over 300 million Opera users would be able to store and transfer TRX and BTT tokens via the platform.
Furthermore, Tron had gained a major coup when popular Dapp EOSKnight revealed that it was leaving EOS for Tron’s blockchain network.
Tron (TRX) Intraday Analysis
Tron (TRX) is currently trading negatively with the coin suffering a loss of 3.80% in the last 24 hours. Looking at its 24-hour trading chart, we can see the sharp decline of the coin towards the last 6 hours of trading. This could be due to the general downturn in the market and is most likely a temporary trend for the coin.
Tron (TRX) is currently priced at $0.014962 per unit with a daily volume of $704,792,517 at the time of writing. The popular crypto is currently ranked 11th on the crypto rankings with a market cap of $997,712,679.
Dogecoin (DOGE) Intraday Analysis
Dogecoin (DOGE) is one coin that many crypto enthusiasts are fond of despite the lack of updates to its technology in recent years. DOGE is one of the coins in the market known for its high volatility with some dubbing it inflation coin. Its intraday trading chart shows the coin hitting its peak for the day at around 2.00 UTC before embarking on a steady descent to its current price.
Dogecoin currently trades at $0.002543 which is a 3.80% decrease to the USD within the time period. It is the 28th ranked coin with a market cap of $309,547,200.
Digibyte (DGB) Intraday Analysis
Digibyte (DGB) is one coin that is highly rated within the crypto community but has yet to hit the heights of its potentials in the past 18 months. The coin lost 4.52% of its value in the last 24 hours which is a general indication of the crypto market.
On close observation of its trading charts, there are lots of sharp spikes and downturn movement within the 24-hour time frame.
This could be indicative that the market forces are preparing for a potential bullish rally in the coming days. Digibyte (DGB) has been on a stable trend in recent weeks and these latest trends could indicate signs of positive movements coming.
Digibyte (DGB) is currently ranked 53rd on the coin rankings and currently trades at $0.007215 per unit as at the time of writing.