🚨 This $TRX On-Chain Metric is Flashing a HUGE Warning! 🚨
Everyone is cheering the high daily transaction count on the Tron network, but let's look closer. While active addresses are up, the velocity of the $TRX token remains stagnant. This suggests that a lot of the activity is stablecoin transfer (USDT), not necessarily people buying or staking the native token.
The short-term price trend is heavily influenced by Bitcoin. If $BTC sneezes, $TRX could easily re-test its recent lows. Don't be fooled by high utility numbers alone! Always follow the capital flow.
What is the biggest risk for right now? Comment your honest opinion!
TRX
0.2788
-0.14%