Tron(TRX) News: Potential for an 85% Price Surge as Tron Meme Coins Rebound

Tron (TRX) could be poised for a significant price increase in the near term, driven by three key catalysts. Despite being in a bear market, the Tron ecosystem is showing signs of recovery, particularly with the rebound of its meme coin sector. Sundog, the largest meme coin on the Tron network, has surged 77%, indicating a potential broader market reversal. Here's a closer look at the factors that could push TRX prices higher.

TRX Price Eyes 85% Surge as Tron Meme Coins Rebound

Tron price remains in a bear market after dropping 47% from its highest level in 2024, but three key catalysts could push it higher in the NEAR term. Tron (TRX) fell to $0.2395 on Thursday, bringing its market capitalization to $20 billion. However, there are potential factors that could drive its price higher. First, the Tron meme coin ecosystem is showing signs of recovery, with Sundog, the largest meme coin on the network, surging 77% in the last 24 hours. Other meme coins like TRON Bull Coin and Suncat also rallied, boosting their combined market capitalization by 57%.

TRX Investors Pivot to Panshibi (SHIBI) Presale

The latest Tron news reveals a significant shift in investor behavior as TRX holders move into the presale of the new meme coin, Panshibi (SHIBI). Market experts have spoken highly of the token, predicting massive price increases. This shift comes as the TRON price struggles to find positive momentum, while Panshibi's presale is selling out in record time, presenting TRX holders with an opportunity to purchase a high-potential token at an undervalued price.

Penny cryptos poised for growth: ChowWow, TRON, and Cardano stand out

Penny cryptos offer high earning potential, and ChowWow, TRON, and Cardano are top picks for investors seeking the next big opportunity. Cardano's Talo integration sparks hope, TRON's staking activities are spiking, and ChowWow is rewarding token holders via its staking platform.