The TRON Foundation has officially denied widespread rumors circulating in the market regarding its native cryptocurrency, TRX (TRON), experiencing a sudden surge in value to $11.
Verified market data confirms that the price of TRX has remained stable, currently trading at approximately $0.32. The Foundation stated no market activity or official announcements support the claim of a massive price increase.
Citing the potential for misinformation to cause market instability, the Foundation emphasized the importance of relying on verified information sources. They highlighted the consistent transaction volumes and liquidity observed for TRX across cryptocurrency exchanges as evidence of its steady performance.
To ensure transparency and counter false claims, the TRON Foundation actively directs users to its official price trackers and verified exchange data. These resources provide real-time confirmation of TRX’s stable market value.
The Foundation advised all investors to depend exclusively on official reports and reputable sources when obtaining information about TRX and the broader cryptocurrency market to avoid falling victim to unfounded rumors.