Tron Soars 20% on $1 Billion USDT Mega-Mint Ahead of Nasdaq Debut
Tron's TRX rockets upward as whales swallow a billion-dollar USDT injection—just days before its Nasdaq coming-out party.
Nasdaq listing hype fuels rally
The blockchain's native token surged 20% in 24 hours after Tether's printing press churned out nine zeroes worth of USDT. Market makers are clearly betting big on mainstream validation.
Wall Street's crypto embrace continues
Another digital asset prepares for prime time stock exchange listing—because nothing legitimizes decentralization like SEC paperwork and Bloomberg terminal quotes. The irony's thicker than a banker's bonus.
What’s next for Tron’s price?
Tron quickly bounced back after testing the support at $0.26, which coincided with the high-timeframe support. However, the latest dip also broke the trend where tron achieved higher highs and lower lows. Still, the overall structure remains strong, with a potential path to $0.31.
Justin Sun’s company, Tron, which plays a key role in the Tron Network, will soon list on Nasdaq through a reverse merger. Interestingly, the SRM’s public offering was facilitated by Dominari Securities, a company with Donald TRUMP Jr. and Eric Trump on the advisory board.
Sun, who once faced charges by the U.S. Securities and Exchange Commission, now has close ties to Donald Trump’s family. For one, SUN invested at least $97 million in Donald Trump’s memecoin (TRUMP), in a bid to become the biggest holder.
