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The price of Bitcoin (BTC) 
$101,558 stands at $106,700, while the controversial figure in the crypto world, Justin Sun, prepares for a significant step in his project. Trump’s assumption of office has facilitated the operations of many altcoin companies. However, for Sun, who has invested heavily in Trump, things are going even better, with the price of TRX surging.
Breaking News on Tron (TRX)
Founded by Justin Sun, Tron has experienced significant growth due to its substantial share in the circulation of USDT. Sun, having maintained a favorable relationship with Trump, is now preparing for an initial public offering following the dismissal of his lawsuit. Future steps do not end there; Sun and Trump’s son Eric will form a company similar to MSTR. Michael Saylor’s strategy holds approximately 600,000 BTC, and Trump’s media company has already taken a billion-dollar BTC reserve initiative.
Given the Trump family’s involvement and Tron’s market share, another crypto giant could emerge. MSTR has allocated tens of billions of dollars for purchases over the years. The emergence of more similar companies will be extremely supportive in addressing BTC supply scarcity. Additionally, the inclusion of the Trump family in the process is quite beneficial for cryptocurrencies in the short to medium term.
At the time of writing, Trump’s Truth Social has applied for a BTC and ETH ETF.
