TRX is preparing for a price breakout after the proposal to reduce supply
Initiative:
• The Tron network proposes to reduce the total supply of TRX to enhance the value of the token.
• This comes after weeks of notable activity on the network and an increase in TVL.
Immediate Impact:
• The price of TRX showed strong bullish signals after the announcement, with the potential to break through multi-month resistance.
#TRX #Tron #TokenBurn #SupplyReduction #AltcoinBreakout