{"id":511019,"date":"2022-12-03T11:10:25","date_gmt":"2022-12-03T16:10:25","guid":{"rendered":"https:\/\/wncen.com\/?p=511019"},"modified":"2022-12-03T07:47:37","modified_gmt":"2022-12-03T12:47:37","slug":"tron-unfazed-by-decreasing-volumes-tallies-1-billion-in-usdt-inflow","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/tron-unfazed-by-decreasing-volumes-tallies-1-billion-in-usdt-inflow\/","title":{"rendered":"TRON Unfazed By Decreasing Volumes, Tallies $1 Billion In USDT Inflow"},"content":{"rendered":"
TRON (TRX) remains in a stagnant phase, refusing to make any kind of momentum for an upward run despite a number of positive developments that, in many cases if not all, should have helped trigger a significant price movement.<\/span><\/p>\n Let’s consider this summary:<\/p>\n Instead, the asset continues to consolidate within a narrow range and is not showing any signs of immediate recovery.<\/span><\/p>\n According to the latest information provided by <\/span>Coingecko<\/span><\/a>, at the time of this writing, TRX is trading at $0.053957.<\/span><\/p>\n It only managed to climb by 1.6% during the last week although it is nursing an increase of 6.3% over the last 14 days.<\/span><\/p>\n TRON, currently the 17<\/span>th<\/span> largest crypto asset in terms of overall valuation with a market cap of $4.97 billion, has already gone down by more than 12% on its month-to-date (MTD) performance.<\/span><\/p>\n Not even the news of its mother platform registering a <\/span>massive stablecoin inflow<\/span><\/a> was enough to make the asset push its price to higher levels.<\/span><\/p>\n Tron has seen significant USDT inflows over the past 2 weeks. In total, over $1 Billion of USDT have entered the chain pic.twitter.com\/bbB6XRruvi<\/a><\/p>\n \u2014 DefiLlama.com (@DefiLlama) December 1, 2022<\/a><\/p><\/blockquote>\n Using Twitter, pseudonymous DeFi Llama shared that the Tron decentralized platform observed an inflow of $1 billion USDT for the past two weeks.<\/span><\/p>\n The most notable date during the said time frame was November 18 when the blockchain registered its <\/span>highest stablecoin inflow<\/span><\/a>. Meanwhile, November 24 and 28 were the other dates when the network experienced spikes in the particular department.<\/span><\/p>\n\n
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TRON Performs Well In Stablecoin Inflow Last Month<\/b><\/h2>\n