bullish

2024

Millions

TRON

<p>The post <a href="https://coinpedia.org/news/tron-trx-jump-into-top-10-cryptos-justin-sun-reveals-millions-of-new-users-coming-soon/">Tron (TRX) Jump into Top 10 Cryptos: Justin Sun Reveals Millions of New Users Coming Soon”</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Tron (TRX), the native token of the Tron blockchain, has climbed into the top 10 cryptocurrencies by market cap, now holding the 10th position with a market capitalization of $12.49 billion, <a href="https://coinpedia.org/price-analysis/tron-overtakes-cardano-open-interest-rises-by-52-whats-next/" target="_blank" rel="noreferrer noopener">surpassing Cardano</a>, Avalanche, and others.&nbsp;</p> 
<p>Tron’s rise in rankings coincides with a significant announcement from its founder, Justin Sun, who recently revealed that several prominent leaders from meme communities have shown strong interest in joining the Tron ecosystem.</p> 
<h2 class="wp-block-heading" id="h-meme-communities-eye-tron">Meme Communities Eye Tron</h2> 
<p>According to Sun, these meme community leaders are eager to bring millions of users to Tron, highlighting the platform’s growing appeal. These leaders are eager to join the <a href="https://coinpedia.org/news/tron-meme-coins-soar-as-justin-sun-unveils-game-changing-token-generator/" target="_blank" rel="noreferrer noopener">Tron ecosystem quickly</a>, which could significantly increase Tron’s user base and boost its adoption.</p> 
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   <p lang="en" dir="ltr">Today, I talked with several major meme community leaders about the meme ecosystem on Tron. They said they plan to bring millions of users <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f92f.png" alt="🤯" class="wp-smiley" style="height: 1em; max-height: 1em;"> to the Tron community and can't wait to join the Tron ecosystem as soon as possible. They’re already here—what about you? TO THE SUN<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f31e.png" alt="🌞" class="wp-smiley" style="height: 1em; max-height: 1em;"></p>— H.E. Justin Sun 孙宇晨(hiring) (@justinsuntron) <a href="https://twitter.com/justinsuntron/status/1825614186363367805?ref_src=twsrc%5Etfw">August 19, 2024</a>
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<p>The potential arrival of millions of meme coin fans on Tron could lead to more network activity and higher value.&nbsp;</p> 
<p>Tron’s appeal lies in its high-speed transactions, low fees, and robust infrastructure, along with perks like native MEV protection, making it an attractive option for meme communities looking to expand their reach.&nbsp;</p> 
<p>With its ability to handle 2000 transactions per second smoothly, Tron is in a strong position to attract the next wave of crypto users. Additionally, Justin Sun believes that the Tron’s biggest strength is its <a href="https://tether.to/en/transparency/?tab=usdt" target="_blank" rel="noreferrer noopener nofollow">$60 billion in TRON</a> USDT. No other blockchain protocol has a liquidity pool this large.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-tron-price-analysis">Tron Price Analysis</h2> 
<p>The technical analysis of TRX’s price chart shows several positive signs, indicating a possible bullish trend. Mainly on the 4-hour chart, TRX is trading above the 100-day Simple Moving Average (SMA), which suggests growing market confidence.</p> 
<p>Recently, TRX formed a bullish trend line with support at $0.1430 on the hourly chart. If this trend continues, TRX could aim for $0.1480, and possibly reach $0.1520. Breaking above the $0.157 resistance level might push the price toward its all-time high of $0.1804.</p> 
<p>As of now, TRX is trading at $0.144, up 6.4% in the last 24 hours. Its market capitalization stands at $12.49 billion, with a daily trading volume of nearly $733 million.</p> 
<p>Also Check Out: <a href="https://coinpedia.org/news/tron-lawsuit-update-sec-vs-tron-battle-takes-a-new-turn-in-court/" target="_blank" rel="noreferrer noopener">Tron Lawsuit Update: SEC vs. Tron Battle Takes a New Turn in Court</a></p>

Tron (TRX) Jump into Top 10 Cryptos: Justin Sun Reveals Millions of New Users Coming Soon”

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