The throne price prices as its ITD’s fees leave $ 1 billion

The price of the throne stopped between key support and resistance levels to 0.2210 USD and 0.2595 dollars even how its fees are increasing.

Throne (Twitch) Token traded from $ 0.2430, which gave market capitalization of $ 23 billion, which makes the ninth largest coin in cryptocurrency Industry.

Tokenterminal The data show that the throne has generated over 985 million dollars this year, which makes it another most profitable player in the cryptocurrency industry, after the Teter (USDTT).

Tron has become a more profitable network layer-1 from etherema (El) and Solana (Salt), who made over $ 388 million, or $ 234 million, respectively.

His fees came from his stablekoin transactions. Tronscan The data show that it became the largest cordage processor, the largest stablecoin in cryptocuracy. He processed $ 33 billion in Friday. There were 2.1 million transfers on Friday, and the number of account transfer increases to almost a million.

The Tron also benefited from the growth of his decentralized finance sector. Defi Llama The data show that the token volume that is handled in Blockeyin at 20% in the last seven days in the last seven days to over 1.06 billion dollars. He shook over $ 3.45 billion in the last 30 days, which makes him one of the largest chains in Kriptou.

Technical analysis of the price throne

The daily shows that the TRX price remained in the narrow range in the last few months. The rest is between support to 0.2165 USD and resistance to $ 0.25,

The throne crossed the 50-day average average average and formed levels for bakara, as well as a MACD and the relative index of power continued growing.

Therefore, the token will probably have a bull-punching while strengthening its basics. If the price is raised above the upper side of the channel to 0.2585 USD, more profits will be confirmed.

The movement above that level will indicate more gains. The next point to view is $ 0.3085, which had the highest momentum 16. December.

The drop below support to 0.2165 USD cancel the bull forecast.