Going to buy TRON (TRX) or Avalanche (AVAX)

Technical analysis report updated on 30/09/2022

Introduction to the history of two cryptocurrencies

History of TRON

TRON coin (TRX) was recorded by Coin Market Cap system on September 13, 09.

Currently on the market TRON coins can be exchanged for 686 other digital currencies.

TRON is currently ranked 15th on the cryptocurrency rankings by market cap

Avalanche development history

Avalanche coin (AVAX) was recorded by Coin Market Cap system on July 13, 07. If compared with TRON, this coin was born later

Currently on the market Avalanche coin can be exchanged for 323 other digital currencies (This number is only 0.47% compared to TRON coin)

Avalanche is currently ranked 16th on the cryptocurrency rankings by market cap

Information worth referencing

Information investors should know

Comparison of recent growth between TRON and Avalanche

Growth rate TRON (TRX) Avalanches (AVAX) Isolation (TRX - AVAX)
Within 24 hours 1.34% -0.03% 1.37%
Within 7 days 0.73% -1.35% 2.08%
Within 30 days -6.58% -9.96% 3.38%
Within 60 days -14.50% -30.37% 15.87%
Within 90 days -7.18% 6.54% -13.73%

Analysis by growth

Trong khoảng thời gian 3 tháng gần đây đồng tiền TRON với -7.18%. Còn đối với đồng Avalanche cũng trong 3 tháng gần đây đã có sự tăng trường đáng kể

Compare total supply value and market capitalization

TRON (TRX) Avalanches (AVAX)
Maximum total supply 0 720,000,000
Circulating supply 92,343,760,463 295,924,216
Total supply 92,343,787,035 404,229,626

* Note
Total circulating supply: Number of coins circulating in the market and in the hands of the public. It is similar to how stocks move in the stock market.
Maximum total supply: The maximum number of coins that will exist in the lifetime of the cryptocurrency. It is similar to fully diluted shares in the stock market.
Total supply: Number of coins created, minus any burned coins. It is similar to shares outstanding on the stock market.

Summary of reasons to buy TRON or Avalanche

Reasons to buy TRON

Reasons not to buy TRON

Reasons to buy Avalanche

Reasons not to buy Avalanche

General note for investors

These are specifications based analysis only

The technical specifications will be suitable for short-term investors, and profit from the investments With large and long-term investments you also need to do fundamental analysis i.e. read and understand more about the technicians, teams, investors behind that particular digital currency.

We do not make investment decisions for you

Automatic parameter analysis articles will help you have a multi-dimensional and easier to understand view than just looking at those with zero numbers.

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