TRON (TRX) was hit hard in the first half of November after unfortunate events such as the explosion of FTX, once considered the third largest exchange in the world. According to the data, TRX fell steadily from its price of 0.064 dollar on November 6 until it fell to 0.046 dollar on November 14.
After that, the cryptocurrency managed to show a rebound. It continues to do a relatively good job of recoupling its losses. In fact, at the time of this writing, TRON has managed to bounce 19% from its November low. Now it is trading at 0.054dollar.
Over the past two weeks, TRX seems to have calmed down now after both the general crypto winter and the FTX crisis. Meanwhile, Tron blockchain shared some key data regarding its performance for its community via Twitter.
Source: https://www.tronweekly.com/tron-founder-jumped-on-the-weth-fud-bandwagon/
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