Why Tron is failing to impress investors in a bull market

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Tron Dao’s recent tweet highlighted all the notable developments that happened in its ecosystem over the last seven days. However, despite these positives, TRX’s price action was not at par.

TRX’s price sank over the last week, and a few metrics looked bearish.recently posted a tweet that talked about all the notable developments that happened in the ecosystem over the week that ended on 14 July. The network also reached a new milestone during the same period. However, despite these positives, TRX’s price action was not at par considering how the last bull market allowed multiple coins to register double digit growth.

Another major development was related to Tether. According to the tweet, Tether issued an additional 1 billion USDT on the network, increasing the total circulating supply of TRC20-USDT to more than 44 billion. While this happened, the Tron network reached a new milestone.

 

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