Tron (TRX) Is The Only Cryptocurrency With Gains In October

In the latest altcoin news, we reported about the plunge of Ethereum (ETH) and Ripple (XRP) when each declined by more than 10 percent this October, after ten days of mostly bearish action in the crypto space.

However, one altcoin seems to have stolen the show last month. We are talking about TRON (TRX) which performance showed that the asset was stable in October – especially since it is a coin that is often volatile.

Earlier this year, Finder.com conducted a study that ranked the top fifty cryptocurrencies by market cap in terms of volatility. For the first time in two months of 2018, Tron ranked as the most volatile.

However, in October Tron saw a 30-day change of about one-quarter-of-one-percent with a movement that was occurring to the upside. Along with its founder Justin Sun, Tron has been accused of over-hyping partnerships on a multiple occasions.

Finally, First time to partner with tens of billions USD valuation industry giant. Guess the name 😊#TRON #TRX $TRX

— Justin Sun (@justinsuntron) October 12, 2018

This mysterious partnership, as announced by Justin Sun, turned out to be with a cloud computing company named Baidu – but according to some reports – Tron was only a client of Baidu and not a partner in the conventional sense of the word.

Currently, Tron is trading at Currently, Tron is trading at $0..
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022568 with a small, but a positive incline. Meanwhile, other altcoins continue to bleed on the market. Throughout the month, Ripple fell by more than 18% while Litecoin (LTC) was down almost 17%.