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Justin Sun Validates TRX ETF, Seeks to Capitalize on Rally Momentum
In a recent post on Twitter, Tron founder Justin Sun has sparked rumors of a potential Tron ETF filing. This comes as the asset’s price continues to rise, following a 122.17% increase in the past year and a 5.52% growth rate over the last 30 days.
As of this writing, TRX was trading at $0.2417, representing a 1.23% decline in 24 hours, according to CoinMarketCap data. Despite the short-term downturn, market observers anticipate a rally with TRX following Sun’s confirmation of the ETF filing.
It is likely that other asset managers will be swayed by Tron’s recent performance against Bitcoin and Ethereum and its future potential.
Following this recent growth and increased interest in the asset, many are anticipating a long-term upswing for TRX.
Source: https://u.today/justin-sun-validates-trx-etf-with-bullish-post-on-x
