{"id":647811,"date":"2025-10-14T11:00:13","date_gmt":"2025-10-14T11:00:13","guid":{"rendered":"https:\/\/www.wncen.com\/?p=647811"},"modified":"2025-10-14T09:42:15","modified_gmt":"2025-10-14T09:42:15","slug":"tron-token-burn-10-million-gone-what-does-it-mean-for-trx-price","status":"publish","type":"post","link":"https:\/\/www.wncen.com\/news\/tron-token-burn-10-million-gone-what-does-it-mean-for-trx-price\/","title":{"rendered":"Tron Token Burn: 10 Million Gone\u2014What Does It Mean For TRX Price?"},"content":{"rendered":"<p>TRON (TRX) recently garnered attention by <a href=\"https:\/\/x.com\/TronixTrx\/status\/72140521?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener nofollow\">incinerating over 10 million tokens<\/a>, demonstrating its dedication to a deflationary approach intended to enhance its value. Currently, TRX is <a href=\"https:\/\/www.coingecko.com\/en\/coins\/tron\" target=\"_blank\" rel=\"noopener nofollow\">trading at roughly $0.1605,<\/a> indicating a small increase.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/www.wncen.com\/news\/uniswap-new-crypto-developments-lift-uni-price-up-by-17-details\/\" target=\"_blank\" rel=\"noopener \">Uniswap: New Crypto Developments Lift UNI Price Up by 17% \u2013 Details<\/a><\/div>\n<p>Analysts express optimism on TRON&#8217;s future, forecasting a <a href=\"https:\/\/coincheckup.com\/coins\/tron\/predictions\" target=\"_blank\" rel=\"noopener nofollow\">57% price increase<\/a> during the next three months, and an even more remarkable 208% rise over six months, figures from CoinCheckup show. This optimistic perspective indicates that TRX may be poised for a substantial upward trajectory in the cryptocurrency market.<\/p>\n<figure id=\"attachment_647813\" aria-describedby=\"caption-attachment-647813\" style=\"width: 1218px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-647813 size-full\" src=\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_769376.png?resize=1218%2C342\" alt=\"\" width=\"1218\" height=\"342\" srcset=\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_769376.png?w=1218 1218w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_769376.png?w=460 460w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_769376.png?w=768 768w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_769376.png?w=860 860w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_769376.png?w=750 750w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_769376.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><figcaption id=\"caption-attachment-647813\" class=\"wp-caption-text\">TRX seen gaining in price in the coming weeks. Source: <a href=\"https:\/\/coincheckup.com\/coins\/tron\/predictions\" target=\"_blank\" rel=\"noopener nofollow\">CoinCheckup<\/a><\/figcaption><\/figure>\n<h2><strong>A Robust Technical Foundation<\/strong><\/h2>\n<p>The technical indicators for TRX are converging towards a positive sentiment. The price chart demonstrates a modest upward trend, while the Relative Strength Index (RSI) is presently at 57.58. This statistic indicates that TRX is approaching overbought area, however there still potential for more gains.<\/p>\n<p>The Stochastic indicator, currently at 66.63, reinforces this bullish perspective by demonstrating momentum without indicating imminent exhaustion. Collectively, these factors suggest that TRX may sustain its upward trend in the short future, rendering it an appealing opportunity for investors.<\/p>\n<figure style=\"width: 1835px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/YoMI6VE0\/\" width=\"1835\" height=\"883\"><figcaption class=\"wp-caption-text\">TRX market cap currently at $13.8 billion. Chart: <a href=\"https:\/\/www.tradingview.com\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<h2><strong>Increasing Enthusiasm For TRON<\/strong><\/h2>\n<p>Alongside the token burn, TRON has had a decent increase in daily active addresses, indicating a growing investor interest, data from IntoTheBlock shows. Although the general trend seems constant, this minor uptick suggests that more people are entering the market.<\/p>\n<p>This increasing participation may enhance the token&#8217;s upward trajectory, particularly when coupled with the current deflationary strategies. As TRON endeavors to diminish its circulating supply, these elements may establish a foundation for heightened prices.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-647812\" src=\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_c0542b.png?resize=1024%2C383\" alt=\"\" width=\"1024\" height=\"383\" srcset=\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_c0542b.png?w=1384 1384w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_c0542b.png?w=460 460w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_c0542b.png?w=768 768w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_c0542b.png?w=860 860w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_c0542b.png?w=750 750w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_c0542b.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<h3><strong>Market Sentiment And Trading Conduct<\/strong><\/h3>\n<p>Despite the positive statistics, traders remain extremely cautious. The Long\/Short Ratio shows shorts slightly outstrip longs with 54% shorts and 46% of longs. This is a &#8216;wait-and-see&#8217; attitude by traders while awaiting a possible volatility in the price movement of TRX.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/www.wncen.com\/news\/shiba-inu-could-surge-340-echoing-its-2021-bull-run-peak-analyst\/\" target=\"_blank\" rel=\"noopener \">Shiba Inu Could Surge 340%, Echoing Its 2021 Bull Run Peak \u2014 Analyst<\/a><\/div>\n<p>The TRX OI-Weighted Funding Rate is at approximately 0. That means that the balance of longs to shorts is neutral, and hence it may also reflect positively on market sentiment pending short-term variability for TRX&#8217;s price.<\/p>\n<p>Recent burning of tokens by TRON and the steady increase in active addresses can boost the momentum TRX needs to post solid growth rates for the next couple of months.<\/p>\n<p>Technical indicators depict a positive trend and solid price projections, which shows TRX will gain substantially in the short term.<\/p>\n<p><em>Featured image from Pixabay, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TRON (TRX) recently garnered attention by incinerating over 10 million tokens, demonstrating its dedication to a deflationary approach intended to enhance its value. Currently, TRX is trading at roughly $0.1605, indicating a small increase. Related Reading: Uniswap: New Crypto Developments Lift UNI Price Up by 17% \u2013 Details Analysts express optimism on TRON&#8217;s future, forecasting a 57% price increase during the next three months, and an even more remarkable 208% rise over six months, figures from CoinCheckup show. This optimistic perspective indicates that TRX may be poised for a substantial upward trajectory in the cryptocurrency market. A Robust Technical Foundation The technical indicators for TRX are converging towards a positive sentiment. The price chart demonstrates a modest upward trend, while the Relative Strength Index (RSI) is presently at 57.58. This statistic indicates that TRX is approaching overbought area, however there still potential for more gains. The Stochastic indicator, currently at 66.63, reinforces this bullish perspective by demonstrating momentum without indicating imminent exhaustion. Collectively, these factors suggest that TRX may sustain its upward trend in the short future, rendering it an appealing opportunity for investors. Increasing Enthusiasm For TRON Alongside the token burn, TRON has had a decent increase in daily active addresses, indicating a growing investor interest, data from IntoTheBlock shows. Although the general trend seems constant, this minor uptick suggests that more people are entering the market. This increasing participation may enhance the token&#8217;s upward trajectory, particularly when coupled with the current deflationary strategies. As TRON endeavors to diminish its circulating supply, these elements may establish a foundation for heightened prices. Market Sentiment And Trading Conduct Despite the positive statistics, traders remain extremely cautious. The Long\/Short Ratio shows shorts slightly outstrip longs with 54% shorts and 46% of longs. This is a &#8216;wait-and-see&#8217; attitude by traders while awaiting a possible volatility in the price movement of TRX. Related Reading: Shiba Inu Could Surge 340%, Echoing Its 2021 Bull Run Peak \u2014 Analyst The TRX OI-Weighted Funding Rate is at approximately 0. That means that the balance of longs to shorts is neutral, and hence it may also reflect positively on market sentiment pending short-term variability for TRX&#8217;s price. Recent burning of tokens by TRON and the steady increase in active addresses can boost the momentum TRX needs to post solid growth rates for the next couple of months. Technical indicators depict a positive trend and solid price projections, which shows TRX will gain substantially in the short term. Featured image from Pixabay, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":647829,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[134,6664,84471,11808,11993],"class_list":["post-647811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoin","tag-crypto","tag-meme-coin","tag-tron","tag-trx"],"acf":[],"yoast_head":"\n<title>Tron Token Burn: 10 Million Gone\u2014What Does It Mean for TRX Price?<\/title>\n<meta name=\"description\" content=\"TRON (TRX) recently garnered attention by incinerating over 10 million tokens, demonstrating its dedication to a deflationary approach intended to enhance\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/www.wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Tron Token Burn: 10 Million Gone\u2014What Does It Mean For TRX Price?","url":"http:\/\/www.wncen.com\/news\/tron-token-burn-10-million-gone-what-does-it-mean-for-trx-price\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.wncen.com\/news\/tron-token-burn-10-million-gone-what-does-it-mean-for-trx-price\/"},"thumbnailUrl":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/a_d99d3f.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/a_d99d3f.jpg?fit=1278%2C853"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/www.wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","crypto","meme coin","tron","trx"],"dateCreated":"2025-10-14T11:00:13Z","datePublished":"2025-10-14T11:00:13Z","dateModified":"2025-10-14T11:00:13Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Tron Token Burn: 10 Million Gone\\u2014What Does It Mean For TRX Price?\",\"url\":\"http:\\\/\\\/www.wncen.com\\\/news\\\/tron-token-burn-10-million-gone-what-does-it-mean-for-trx-price\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.wncen.com\\\/news\\\/tron-token-burn-10-million-gone-what-does-it-mean-for-trx-price\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/a_d99d3f.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/a_d99d3f.jpg?fit=1278%2C853\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/www.wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"crypto\",\"meme coin\",\"tron\",\"trx\"],\"dateCreated\":\"2025-10-14T11:00:13Z\",\"datePublished\":\"2025-10-14T11:00:13Z\",\"dateModified\":\"2025-10-14T11:00:13Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/a_d99d3f.jpg?fit=1278%2C853","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts\/647811"}],"collection":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/comments?post=647811"}],"version-history":[{"count":4,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts\/647811\/revisions"}],"predecessor-version":[{"id":647839,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts\/647811\/revisions\/647839"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/media\/647829"}],"wp:attachment":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/media?parent=647811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/categories?post=647811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/tags?post=647811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}