ATH drawdown comparison, TRX is really resistant to beatings
BTC -29% ETH -38.4% BNB -34.8% XRP -44.2% Solana -54.8% TRX has only retraced 33.5%
The price of TRX has always been very stable, and there must be someone on the chain who is actually using it.
Just look at the drawdown magnitude and you can see that the smaller the retracement, the more it means that the fundamentals are hard, demand is stable, and selling pressure cannot keep up with growth.
TRON's users, stablecoin circulation, and on-chain activity have all gone up in recent years, but its price seems to be "supported" by fundamentals rather than driven by emotions.
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ATH drawdown comparison, TRX is really resistant to beatings
BTC -29%
ETH -38.4%
BNB -34.8%
XRP -44.2%
Solana -54.8%
TRX has only retraced 33.5%
The price of TRX has always been very stable, and there must be someone on the chain who is actually using it.
Just look at the drawdown magnitude and you can see that the smaller the retracement, the more it means that the fundamentals are hard, demand is stable, and selling pressure cannot keep up with growth.
TRON's users, stablecoin circulation, and on-chain activity have all gone up in recent years, but its price seems to be "supported" by fundamentals rather than driven by emotions.
@justinsuntron #TRONEcoStar