The TRON blockchain is emerging as a notable phenomenon in the coin industry, and recent moves have continued to strengthen its position in the market. Justin Sun, the founder of TRON, recently invested 30 million USD in the cryptocurrency project called World Liberty Financial by Donald Trump. This is an important effort to promote decentralized finance (DeFi) and enhance TRON's application in the crypto space.
TRON Market Performance Over the Past 15 Days
Over the past 15 days, the price of TRON has experienced many fluctuations but still shows a certain growth trend. On November 14, 2024, the price of TRON stood at 0.177 USD, with a market capitalization of over 15 billion USD. By November 24, 2024, this altcoin reached a peak of 0.211 USD, raising its market cap to nearly 18.3 billion USD.
After reaching a peak, the price of TRON experienced a slight correction down to 0.195 USD on November 26, 2024, before recovering slightly on November 28, 2024, to a price of 0.201 USD. This volatility may be related to recent news about Justin Sun's participation in the World Liberty Financial project, prompting investors to become more interested in TRON's future in the DeFi field.
Notably, weekly trading volume has maintained high levels, fluctuating between approximately 0.86 billion USD and 1.85 billion USD, indicating strong and continuous interest from investors.
Latest News and Forecast
News about Justin Sun's investment in World Liberty Financial marks a new development for TRON. Previously, TRON had recorded processing up to 92% of USDT transactions, along with an impressive figure of 271 million accounts and 50 million weekly transactions. These numbers not only reflect TRON's strong development but also show its potential in expanding its application in the decentralized finance sector.
Looking ahead, TRON's development in the coming weeks may be positively influenced by this new investment flow. If TRON can effectively seize the opportunities from World Liberty Financial, we can expect significant growth not only in price but also in application and influence in the altcoin market.
In the current context, investors should closely monitor the developments of the World Liberty Financial project and news related to TRON to have optimal investment opportunities in this volatile coin market.
Conclusion: TRON seems to be well-prepared for a stronger development phase, and Justin Sun's involvement in this new DeFi project could be an important boost taking TRON to new heights in the cryptocurrency and decentralized finance space.
