Top 3 Tron-Based Crypto Coins That Can Potentially Skyrocket in 2023

The Tron Network has recorded a sharp spike in its volume over the past few days, highlighting increased bullish sentiment for its ecosystem.

The Tron Network has witnessed a substantial increase in its volume over the past few days, indicating a positive outlook for its ecosystem. Among altcoins built on the Tron chain, BTT, JST, and SUN have recorded impressive price actions.

BTT Price Action

The BTT price has surged over 25% within the past day with a trading volume of $84.79 million. Moreover, it has added 27.16% over the last week and 6.32% during the past month. With a market cap of $915.46 million, it has secured the 69th position.

The technical indicator, RSI, displays a sharp rise toward the overbought range. Moreover, the SMA constantly acts as a support to the BTT price chart in the 1D time frame. This indicates a strong bullish outlook for the altcoin this week.

Suppose the market pushes the BitTorrent price above its resistance level of $0.0000009450. In that case, the altcoin will prepare to test its upper high of $0.0000012260. Conversely, a bearish reversal could result in it plunging toward its low of $0.0000006490.

JST Price Action

The JST price has continued trading under a strong bullish influence by adding 10.89% within the past 24 hours. Moreover, it has added 21.58% within the past week and 11.69% over the past 30 days. This altcoin has a relatively lower YTD return of below 1%, suggesting recent adoption.

The Moving Average Convergence Divergence (MACD) has displayed a significant rise in its green histogram, with its averages showing a constant uptrend. This highlights that the Just price will continue to gain value this week.

If the market continues trading under a bullish sentiment, the JST price will prepare to head toward its upper resistance level of $0.04080 during the upcoming time. However, if the bears regain control, the altcoin will retest its low of $0.03030.

SUN Price Action

Built to support the Tron ecosystem, this project is the first to support a stablecoin swap, self-governance, and token mining. Its native token “SUN” acts as a mode of transfer on its block. Further, it gives its users special access to voting, governance rights in the community, and value capture.

Notably, it has jumped 59.86% in the past day with a trading volume of $330.601 million, a change of +472.55%. Moreover, it has surged 109% in the past week and 78.60% over the past month. The SUN (new) price has a YTD return of 135.91%.

With a trading price of $0.0196, a circulating supply of 9,951,640,722 SUN tokens, and a total supply of 19,900,730,000 SUN tokens, it has secured the 197th position with a market capitalization of $190.784 million.