Trx price eyes breakout as TRON proposes to cut token supply

TRON intends to decrease block rewards significantly. The proposal’s voting is open until June 13, and if it passes, it could enhance TRX’s value by increasing its annual deflation rate.

As of now, TRX is trading at about 0.29 USD, reflecting a 3% increase over the past day. Analysts suggest potential fluctuations in price before any breakout above 0.30 USD.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts