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TRON founder Justin Sun is taking bold steps with investments that could strengthen TRON’s position in the blockchain space. His recent $30 million purchase of tokens from Donald Trump’s World Liberty Financial marks him as the project’s leading investor. This move showcases Sun’s ability to seize impactful opportunities. This investment follows Sun’s $6.2 million acquisition of Maurizio Cattelan’s artwork, “Comedian,” during a Sotheby’s auction, reinforcing his unique approach to combining blockchain, art, and finance.
Diamond hands only! 💎🌊 Stay bullish, not foolish. #BTT #BitTorrent #TRON #MakeCryptoGreatAgain pic.twitter.com/pywu8lykYL
— BitTorrent Community (@TheBTTCommunity) November 27, 2024
Experts believe Sun’s role in World Liberty Financial could open doors for TRON to enter new markets, boosting TRX adoption and market performance. A representative for World Liberty Financial mentioned ongoing significant acquisitions and hinted at more developments ahead. Sun’s dynamic investment strategy and expanding influence suggest that TRON (TRX) could experience substantial growth, positioning it for a strong bullish trend in the near future.
Key TRON Levels To Watch – November 26
TRXUSD has been bullish, consistently trading above the 9-day SMA. The price recently retraced to fill an FVG (Fair Value Gap) near the $0.1880 level, showing strong buyer interest.
Key support lies at the FVG, with a potential rally toward resistance at $0.2260 if momentum resumes. MACD (Moving Average Convergence Divergence) is slightly neutral, suggesting consolidation before a possible uptrend continuation.
TRON Key Levels
Resistance Levels: $0.2000, $0.2260, $0.2410
Support Levels: $0.1690, $0.1420, $0.1210
TRX Metrics
Total Market Capitalization: $3.19T
TRON Market Capitalization:$16.94B
TRON Volume: $1.34B
Market Rank: #11
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