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Despite prices falling 3.2% to $0.2525, You see (TRX) has emerged as the leading cryptocurrency asset in terms of profitability. IntoTheBlock Data It reveals that Tron is more than 95% ahead in terms of titles in profit. This puts the asset above prominent competitors such as Bitcoin, Ethereum, and Cardano.
Tron outperforms Bitcoin and Ethereum in profit metrics
Tron addresses in profit amounted to 156.16 million, representing 95.73%. “In the Money” titles, as categorized by IntoTheBlock, are currently making significant gains in the market.
Meanwhile, only 1.15%, or 1.88 million addresses, are recording losses, or “run out of money.”
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Among the top 10 cryptocurrencies, Bitcoin was the closest to Tron in terms of profitability. Bitcoin currently has a profitability of 95%. Ethereum and Cardano's gains declined, recording 78.96% and 59.95%, respectively.
Interestingly, Tron has achieved this success even with a notable decline in price performance. In the past seven days, TRX has fallen below the $0.25 support levels as the asset faces market volatility.
As of this writing, TRX is... exchange At $0.2509, representing a 3.4% decline over the past 24 hours. Despite this slight decline, trading volume saw a 28.75% rise to $819.19 million. Tron market participants remain bullish and expect a shift in price anytime soon.
Whale activity and ecosystem support
Analysts credit Tron's whales as a major boost to the ecosystem so far in December.
like Reported by U. Todaythere has been a 929% spike in whale activity recently, even as the altcoin market is under selling pressure. This increased whale activity while bearish sentiment prevailed may have helped push TRON to the top spot.
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Meanwhile, positive sentiment is rising as the market waits for 2025 to begin the countdown to the new US administration. It is worth noting that Justin Sun, founder of Tron, hinted at a repositioning of the asset with the expected shift in regulatory dynamics.
The Sun dropped a hint to Future trend When he asked the bold question, "What's better than our 'micro' strategy for TRX?" This question may be answered soon, increasing the profitability of the altcoin.
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