This week, Justin Sun spoke many times about Bitcoin bullish company Microstrategy and the rising trading price of $TRX; He is probably giving away a very important clue that the entire crypto space is unaware of.
Justin Sun is a popular but controversial crypto entrepreneur. It is known in the crypto space for its multiple crypto projects, for example, Tron ($TRX), $Sun coin, $BTT coin, ApeNFT coin, Just coin, win coin, Huobi Global Exchange, Poloniex Crypto Exchange, etc. In 2023, the United States Securities and Exchange Commission (SEC) levied multiple charges against the founder of Tron for offering an unregistered security token in the US jurisdiction without any regulatory approval or permission.
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Sun’s statement attracted the attention of many cryptocurrency enthusiasts when he suggested that a “Micro” strategy for TRX could bring similar success for TRX coins and TRX holders. He noted his belief in TRX’s potential to become a major cryptocurrency, much like Bitcoin, in the cryptocurrency space.
With these statements, the Tron founder also hinted that something similar could happen with the TRX coin.
In recent days, Justin has significantly shown his inclination towards the cryptocurrency $XRP. Tried to connect XRP coin and TRX coin.
On December 4, 2024, Justin hinted that Ripple’s $RLUSD stablecoin will launch on the Tron Blockchain.
Ripple’s RLUSD stablecoin will be launched for the first time on the $XRPL blockchain network. All development efforts have been made and currently, Ripple leadership is awaiting regulatory approval from New York financial regulators.
Also Read: Crypto Giants Eyeing Ethereum ($ETH) and Bitcoin Cash ($BCH) – Here’s Why This Bull Run Could Be a Game-Changer