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Bitcoin and altcoin world witnessed a notable development as the TRON community was excited by an announcement from Justin Sun. Justin Sun, the founder of TRON, made a post on social media platform X to highlight the crypto world’s notable achievements of the community. Sun celebrated the TRON community in a recent post for the first time exceeding $50 billion in USDT circulation supply on the Tron network, indicating a significant increase. This development not only reflects the progress of the community but also stokes market optimism for the TRON token.
Surpassing $50 Billion in USDT Circulation: A Community Victory
According to Sun’s post on X, the total Tether (USDT) supply on the TRON Blockchain reached an impressive figure of $50.82 billion. This milestone comes with a significant user base of 36.46 million holders within the TRON ecosystem. In addition, the liquidity of the stablecoin in Decentralized Exchanges (DEXs) reached $63.76 million as of January 13, marking a marginal increase.
This increase in USDT circulation marks a significant step in the crypto world for the TRON community. Acknowledging the important role played by the community, Justin Sun emphasized that this success is proof of the collective efforts within the TRON network.
The Ambitious Goal of $100 Billion
Sun not only celebrated the current milestone in his social media post but also outlined an ambitious future goal for the TRON community. He expressed confidence that the community is on track to issue $100 billion in TRON-based stablecoins in the near future. This announcement attracted significant interest from global crypto investors and contributed to the positive sentiment surrounding the TRON token.
Parallel to the community’s achievements, TRX also showed a notable price increase. In the past 24 hours, TRON recorded an impressive increase of 5.73%, reaching a current trading price of $0.113. The 57.11% increase in trading volume reflects the tremendous steps taken by the TRON community.
Journey to the Future: TRON’s Role in the Crypto Space
The recent milestones reached by the TRON community underline its growing influence in the crypto space. As TRON continues to make significant progress both in terms of USDT circulation and token price, it remains an important player to watch in the evolving crypto environment.
In conclusion, the TRON community’s success in surpassing $50 billion in USDT circulation has created excitement and optimism in the crypto market. With ambitious goals on the horizon and an increase in token price, TRON’s trajectory in the coming months will undoubtedly be closely monitored by investors and enthusiasts worldwide.
