16 May 2025
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All Tron (TRX) Investors Reported Profitable According to CryptoQuant
CryptoQuant reports that all holders of TRX are currently in profit. This milestone reflects increased trading activity and investor confidence.
Key Highlights
- As of May 16, 2025, all TRX investors are profitable across various holding periods.
- Short-term holders are influencing market sentiment positively, which may drive further price increases.
- TRX is trading at approximately $0.2709 with a 0.27% increase over the last 24 hours.
- Tron ranks 10th by market cap, valued at $25.71 billion, with a 24-hour trading volume of $993.14 million.
- Market sentiment suggests potential price drops, but optimism among investors remains high.
Justin Sun's Remarks
Tron founder Justin Sun encouraged large USDT holders to transfer assets to the Tron blockchain, citing enhanced security features. Despite challenges, TRX maintains relevance in the market.
Security Incident
The TRON DAO X account experienced a social engineering attack, resulting in an undisclosed loss affecting community members.