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Justin Sun Validates TRX ETF With Bullish Post on X
In a recent post on Twitter, Tron’s founder and CEO, Justin Sun, sparked rumors of a potential Tron (TRX) ETF (Exchange-Traded Fund). This development comes as TRX has recently surpassed Cardano to become the ninth-ranked crypto asset by market capitalization.
According to CoinMarketCap data, TRX has experienced an astonishing 122.17% increase in value over the past year, with a remarkable 5.52% growth rate within the last 30 days alone. As of this writing, TRX was trading at $0.2417, representing a slight decline of 1.23% in the previous 24 hours.
Sun’s Twitter post has generated significant buzz among market observers and enthusiasts alike, as it fuels speculation about an impending ETF for TRX. This potential development could be a game-changer for the asset, given its recent outperformance against other major players like Bitcoin and Ethereum.
It is likely that additional asset managers will take notice of TRX’s impressive growth and performance, which could lead to increased interest in filing for their own Tron ETF.
Source: https://u.today/justin-sun-validates-trx-etf-with-bullish-post-on-x
