What's Happening With Tron? Will It Be The Next XRP? What's The Source Of The Rise As TRX Breaks Records?

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Bitcoinsistemi2024/12/04 05:33

By:Elif Azra Güven

Tron (TRX) price and market cap have seen a solid rise today.

While XRP has been sweeping the market with its unstoppable rise in recent days, many altcoins are expected to be next in line.

One of these altcoins was Tron (TRX).

Tron (TRX) founder Justin Sun stated in his posts on his X account that TRX will be the next XRP.

TRX=XRP

— H.E. Justin Sun 🍌 (@justinsuntron) December 3, 2024

Following these posts by Justin Sun, the Tron price recorded a solid rise today and rose by more than 15%.

Along with the Tron price, its market value also increased and exceeded $20 billion.

TRON's market cap has reached a new all-time high, surpassing $20 billion, according to CoinMarketCap data.

This record level in TRX came after Tron founder Justin Sun invested $30 million in Donald Trump-backed altcoin project World Liberty Financial (WLFI) at the end of November and announced that he was the project’s largest investor.

Related News Tron (TRX) Founder Justin Sun Joins Donald Trump's Team!

*This is not investment advice.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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