Tron Inc. Debuts on Nasdaq Today — Will TRX See a Price Rebound?
Source Tradingkey
TradingKey – On Thursday, July 24, Tron Inc. (Ticker: TRON) officially rings the Nasdaq Opening Bell, with Justin Sun leading the ceremony.
The listing marks a major milestone for crypto-linked equities and could spark a short-term rebound in TRON’s native token, TRX. In the past five days, TRX has continued to pull back, with a cumulative drop of 6%, temporarily reporting $0.30.
Tron price trend chart, source: Tradingkey
While Tron Inc. and the TRON blockchain are separate entities, they maintain a tight strategic relationship:
- Originally an entertainment firm, Tron Inc. has rebranded into a crypto asset management company.
- Its stated goal: become the largest corporate holder of TRX tokens.
- As of today, Tron Inc. holds over 365 million TRX, valued at approximately $111 million.
Justin Sun, founder of the TRON blockchain, now serves as Global Advisor to Tron Inc., helping shape its crypto treasury strategy.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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