This week, Justin Sun many times talked about Bitcoin bull firm Microstrategy & increasing the trade price of $TRX; probably he is giving a very big hint about which the whole crypto space is unaware.
Justin Sun is a popular but controversial crypto entrepreneur. He is known in the crypto space for his multiple crypto projects, e.g. Tron ($TRX), $Sun coin, $BTT coin, ApeNFT coin, Just coin, win coin, Huobi Global exchange, Poloniex crypto exchange, etc. In 2023, the United States Securities and Exchange Commission (SEC) imposed multiple charges against Tron’s founder for offering an unregistered security token in the US jurisdiction without any regulatory approval or permission.
In a new post on X (formerly Twitter), Justin Sun shared his thoughts on Microstrategy’s Big Bitcoin holding strategy & said how a “micro” “strategy” gives a higher return for a company against strict traditional & outdated financial rules.
Sun’s statement dragged the attention of many crypto enthusiasts when he suggested that a “Micro” strategy for TRX could bring similar success for TRX coin as well as TRX holders. He signalled his belief in TRX’s potential to become a significant cryptocurrency, just like Bitcoin, in the cryptocurrency space.
With these statements, Tron’s founder also hinted that something similar may happen to the TRX coin.
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In the last few days, Justin has significantly shown his inclination toward $XRP Cryptocurrency. He tried to connect the XRP coin & TRX coin.
On 4 Dec 2024, Justin hinted that Ripple’s stablecoin $RLUSD will be launched on Tron Blockchain.
Ripple’s RLUSD stablecoin will be first launched on the $XRPL blockchain network. The whole development effort has been made & currently, Ripple leadership is waiting for regulatory approval from New York’s financial regulators.