Tron Inc., a TRX treasury company, has been on a sustained downtrend since its mid-June peak. The Nasdaq-listed toy and souvenir manufacturer is down 85% from its June 20 peak of $12.80, according to TradingView data. In September alone, the company witnessed a 55% decline. “The hype is deflating,” Peter Chung, head of research at Presto Research, told Decrypt.