The month of October saw many altcoins continue to bleed out in price, with ethereum (ETH) and ripple (XRP) each declining by more than 10 percent. After almost ten months of mostly bearish price action in the cryptocurrency space, there was just one crypto token that managed to tread water in October — tron (TRX).
Tron’s October stability comes as a bit of a surprise for a coin that is often volatile. Earlier this year, Finder.com conducted a study ranking the top fifty cryptocurrencies by market cap in order of volatility. For the first two months of 2018, tron ranked as the most volatile.
This past month, tron saw a 30-day change of about one-quarter-of-one percent, with that movement occurring to the upside.