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Reading: Justin Sun’s Active Role and Developments in the Cryptocurrency World
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COINTURK NEWS > Cryptocurrency News > Justin Sun’s Active Role and Developments in the Cryptocurrency World
Cryptocurrency News

Justin Sun’s Active Role and Developments in the Cryptocurrency World

In Brief

  • Justin Sun's recent comments have excited investors.

  • He hinted at a possible TRX ETF and shared his HTX exchange usage.

  • TRX price rises following Bitcoin's surge, with significant monthly gains.

COINTURK NEWS
COINTURK NEWS 1 year ago
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Justin Sun has always preferred to be in the spotlight in the world of cryptocurrency. The figurehead of TRON made moves that caught the crypto world’s attention, such as acquiring the HTX exchange. His statements early today seem to have excited investors.

Contents
Justin Sun’s AnnouncementsTRON (TRX) Price in Dollars

Justin Sun’s Announcements

Early in the day, Justin Sun made his first post, asking the following question:

TRX ETF?

Following last month’s approval of the spot Bitcoin ETF, there have been many developments regarding Ethereum, and even XRP developments have started to be closely monitored. Today, it seems that Sun has taken a global pulse check regarding TRX.

Later in the day, the founder of TRON shared more information, responding to questions about his use of the HTX exchange by revealing the extent of his usage with a graphic. His statement was as follows:

My personal HTX account balance (for those who say I don’t use HTX much) @HTX_Global. I personally use almost all the major exchanges and support them. However, it would be incorrect to say that I rarely use HTX. I am a heavy HTX user. My personal use of HTX is the same as all HTX users, to believe and trade.

Following his statement and the shared image, it was evident that Justin Sun had over 28,000 BTC on the HTX exchange alone, which was approximately equivalent to 1.6 billion dollars.

TRON (TRX) Price in Dollars

While all this was happening, eyes were also on the TRX price. Following the announcement related to Bitcoin layer-2, the price of TRX began to rise and continued to climb following Bitcoin’s breach of $57,000 today.

The price of TRX has risen to $0.1423 after a more than 2% increase in the last 24 hours. On a weekly review, TRX’s price was seen to have risen by nearly 3%. More importantly, the TRX price has risen by approximately 27% in the last month.

Additionally, looking at the transaction volume in the last 24 hours, there was an increase of over 40%, surpassing 408 million dollars. The overall volume of TRX also saw an increase of over 2%, solidifying its position at 11th with a market value of 12.5 billion dollars.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 28 February, 2024 - 1:14 am 28 February, 2024 - 1:14 am
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