Cryptocurrency markets are buzzing with interest in TRX Coin, an established altcoin that has attracted a significant number of investors. Notably, a substantial portion of the USDT supply circulates on the TRX network, making Tron a consistently profitable altcoin. Yet, the project has faced challenges due to the controversial figure of Justin Sun leading it. However, recent developments have sparked renewed enthusiasm.
TRX Coin ETF Insights
Turkish cryptocurrency investors have shown keen interest in TRX Coin, which has seen a rise of about 1%. While the chart presents even more thrilling prospects, the announcement’s impact was relatively mild. Nevertheless, Sun has stirred excitement among the community with his remarks;
“American VCs should start buying TRX – and do it quickly. Don’t wait until it’s too late. TRX only moves in one direction, and that’s always upwards.”
The recent application for a Staked TRX ETF by Canary Capital Group LLC follows the company’s other lesser-known altcoin ETF applications. With the SEC set to make final decisions on various ETF applications by November, the anticipation for TRX is likely to build in the upcoming months.
