Justin Sun hinted that TRX will launch a "Micro" strategy, and Korean market factors have boosted recent gains

On December 4th, Justin Sun, the founder of TRON, posted on social media that "the success of MicroStrategy shows that innovation can overcome outdated regulation. Under Trump's leadership, cryptocurrency regulation in the US has finally begun to relax. For TRX, what could be better than our own'Micro 'strategy? Stay tuned." This statement has sparked speculation in the market that TRX will soon launch a strategy similar to'MicroStrategy', which may further promote the development of the TRON ecosystem.

 

Meanwhile, the recent rise of TRX has also been influenced by factors in the Korean market. According to BTC Markets crypto analyst Rachael Lucas, political instability in Korea may be part of the reason for the rise of TRX. As a widely used transfer token between exchanges, TRX is particularly widely used in the Korean market, making it a tool for quickly transferring funds across platforms. In addition, the trading restrictions of Upbit, the largest exchange in Korea, have prompted traders to look for other asset transfer solutions, further increasing the trading volume of TRX. It is worth noting that Upbit has accounted for more than 80% of the spot trading volume in Korea at certain times.

 

Presto Research analyst Min Jung also stated that although political events in South Korea played a certain role in the rise of TRX, it was not the only reason. Jung pointed out that the rise of TRX may be part of the "Dino rotation" phenomenon in the current market environment, and traditional cryptocurrencies such as XRP are also rising.

 

Overall, Justin Sun's implied "Micro" strategy and the growing demand in the Korean market are bringing new development opportunities and market attention to TRX.