Justin Sun has announced a $30 million token purchase in Trump-backed World Liberty Financial.
The move comes after Justin Sun, the founder of Tron, invested $30 million in the Trump-connected blockchain project.
Ethereum has overtaken Tron as the leading blockchain for Tether (USDT) dominance.
TL;DR Justin Sun, founder of Tron, invested $30 million in World Liberty Financial (WLFI), becoming the main investor in the project associated with Donald Trump. The partnership with Tron could provide WLFI with a robust infrastructure, boosting its global adoption and positioning it in the crypto market.
For the first time since August 2022, Ethereum (ETH) hosts a bigger U.S. Dollar Tether (USDT) supply than Tron (TRX). Meanwhile, the aggregated cap of USD-pegged stablecoins targets an all-time high over $200 billion.
TRON founder Justin Sun's $30 million investment in Trump-backed World Liberty Financial has revived the struggling DeFi project, pushing total token sales to $51 million and triggering a $15 million payout to Trump-affiliated entities.
Shiba Inu's ecosystem shows strong growth potential as lead developer Shytoshi Kusama acknowledges TRON's success model, while SHIB posts 48% monthly gains and Shibarium reaches new TVL highs.
Justin Sun, founder of the Tron blockchain, made headlines with a significant investment in Donald Trump's crypto project.
Shiba Inu lead developer Shytoshi Kusama lauded TRON's Justin Sun on Tuesday over the blockchain's recent milestone achievement. The lead developer primarily highlighted TRX's product-market fit (PMF) in stablecoin use cases, underscoring the network's pioneering stance as a decentralized, fast, and affordable solution.
Ethereum has reclaimed its position as the leading blockchain for Tether (USDT), surpassing Tron with a supply of $60.3 billion. The post Ethereum Surpasses Tron as Top Blockchain for Tether with $60.3 Billion USDT Supply appeared first on Cryptonews.
Tron approaches key resistance near pattern—will bulls sustain momentum, or is a pullback on the horizon?
The controversial crypto founder has labeled his efforts as geared towards driving innovation in the U.S.
Justin Sun, the founder of the TRON blockchain, has made a $30 million investment in World Liberty Financial (WLFI), a decentralized finance (DeFi) project backed by President-elect Donald Trump. The purchase was completed through a wallet linked to Sun's HTX exchange, formerly known as Huobi, and comes as WLFI struggled with slow initial token sales.
Justin Sun, the founder of Tron, has stirred excitement with a $30 million investment in World Liberty Financial (WLF), a cryptocurrency initiative spearheaded by U.S. President-elect Donald Trump and his family.
Ethereum's enduring appeal for USDT issuance is also tied to its DeFi dominance and institutional adoption.
The Tron founder said the U.S. is becoming the hub for blockchain hub and bitcoin owes a debt to Donald Trump.
Tether issued an additional $3 billion in USDT tokens in November, with $2 billion minted on Ethereum and $1 billion on the Tron network.
Tether mints $3 billion in USDT, boosting crypto market liquidity and potentially signaling bullish momentum.
Tron (TRX) is enjoying a significant surge in the crypto markets right now. The 10th largest cryptocurrency by market capitalization posted a new 6-year high above $0.21 earlier today.
The price of TRON (TRX) has continued to rise, surpassing the historic milestone of $0.18 on April 12, 2021.
Tron Founder Justin Sun proves money can't buy taste - unless it's a $6.2 million banana.
TRON has broken key resistance levels, with technical indicators and liquidations supporting the bullish momentum.
Tron's (TRX) rally to $20 and higher is a question of "simple math," Justin Sun ironically commented on X. Meanwhile, the crypto is actually rocketing; the TRX price is one step away from its all-time high despite the altcoin season lagging.
Justin Sun, the founder of the TRON blockchain platform, recently made headlines with an unexpected acquisition—Maurizio Cattelan's infamous artwork "Comedian," which features a banana duct-taped to a wall.
Tron price continued its strong momentum this week and reached an all-time high, pushing its market cap to over $17 billion. Tron (TRX) surged to a record high of $0.
Tron price has gone parabolic, rising for two consecutive weeks and reaching its all-time high of $0.2067. It has soared by over 350% from its lowest point in 2022, bringing its market cap to over $17 billion, making it the eleventh-biggest cryptocurrency in the industry.
TRON (TRX) has been enjoying a significant resurgence this November, with its price making impressive gains, and the network showing strong performance across several key metrics. While the token's price increase is drawing attention, it is the dominance of USDT (Tether) on the TRON network that could be setting the stage for further growth.
TRON's Justin Sun drops $6.2M on a banana taped to a wall, proving crypto kings have a wild sense of artistic humor.
The cryptocurrency industry's flair for the dramatic has reached new heights as TRON founder Justin Sun has acquired Maurizio Cattelan's controversial artwork “Comedian” – infamously known simply as ‘The Banana' – for a staggering $6.2 million at a Sotheby's auction in New York. Yes, it's literally a banana taped to a wall.
Tron founder Justin Sun purchased Maurizio Cattelan's Comedian, a banana taped to a wall, for $5.2 million at a Sotheby's auction, with an additional $1 million in fees.
Crypto entrepreneur Justin Sun purchased Maurizio Cattelan's "Comedian" banana artwork for $6.24 million at Sotheby's New York, announcing plans to eat the fruit as a cultural statement.
Tron founder Justin Sun bought a banana artwork for $6.24M at Sotheby's on Wednesday, exceeding its presale estimate by over four times. The post Tron Founder Justin Sun Splurges $6 Million on a Banana at Art Auction appeared first on Cryptonews.
Ever thought a banana could sell for millions? That's exactly what happened when Maurizio Cattelan's Comedian, a duct taped banana to a wall, fetched $6.2 million at auction. At the same time, René Magritte's surreal masterpiece, The Empire of Light, broke records with a $121.2 million sale.
TRON's November recovery means the network is in a good position right now.
Tron has experienced a sustained uptrend over the past month, putting 99.71% of TRX holders in profit.
As the crypto market hints at a potential surge, focus shifts to Monero and Tron. According to ChangeNOW, a platform for exchanging cryptocurrency without registration, transaction volumes for XMR and TRX have grown.
Tron (TRX) bulls flexed their muscles as they propelled the altcoin to $0.1825 on 13 November. Meanwhile, potential profit-taking catalyzed slight declines to press time levels of $0.1820. Meanwhile, the altcoin exhibits notable upside strength, signaling a potential 820% increase from current prices to $1.681.
TRON price is hugging all-time high price after soaring on November 13 and hitting $0.1825. Since then the asset has retraced to its current price of $0.1813.
Tron's (TRX) price has hit a new 52-week high, signaling a strong bull run that many believe could push the altcoin toward $0.2621. However, recent market pullbacks and technical patterns are raising questions about whether the bullish momentum can continue in the short term.
For the first time since May 2021, Tron (TRX) price has registered a daily close above 17 cents. The large-cap altcoin, with a fully diluted valuation (FDV) of about $15.2 billion, has seen its daily average traded volume more than triple in the last week to hover about $1.
TRON's price has risen to $0.1778 with a 7% daily gain, supported by a 121% surge in trading volume to $1.62 billion and positive technical indicators including a 0.04% funding rate and 88.33% weekly increase in inflow volume.
TRON hits $0.18 with a 7% surge, sparking speculation on reaching 2018 highs.
With a market cap of $15.39B, Tron remains the 10th biggest crypto market. Following a massive surge last night, the TRX prices take a quick U-turn back for a retest. Delaying a weekly chart breakout rally, Tron stands at a crossroads with the price action traders paying close attention.
Can Shiba Inu sustain its place in crypto's global TOP 10 as the magnificent bull rally recoups meme coin dominance?
The price rally comes in the wake of Donald Trump's return to the White House, with analysts predicting a new dawn for the crypto industry.
After the Ethereum price registered a strong 29% gain moving to $3,200 over the past week, Tron founder Justin Sun cashing out part of his ETH investment. Reportedly, dormant ETH whales have also turned active by offloading their holdings.
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