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The cryptocurrency market, like most financial markets this year, has been struggling with increased volatility. However, one key asset in the top 10 of tokens by market cap has hit a major milestone amid the uncertainty. Indeed, Tron has reached $1 billion in revenue, with traders pondering just what’s next for TRX. The Justin Sun-led token has been one of the fastest rises in the industry over the last two years. However, like many of its contemporaries in the sector, it has failed to live up to expectations this year. The question is, can a recent market turnaround spark a potential price jump for Tron? Source: Shutterstock Also Read: If You Invested $5,000 in Tron’s TRX During Its Launch, Here’s Your Returns Justin Sun’s Tron Hits Major Milestone: Here’s What to Expect From TRX It has been an interesting start to the week for the cryptocurrency market. Despite the stock market falling noticeably, Bitcoin has surged. Indeed, the leading crypto reached an $88,000 pri...

You can attend the Donald Trump inauguration events alongside alleged Tron (TRX) wash trader and Liberland prime minister Justin Sun for the meager sum of $50,000.  The VIP package offered by Liberland includes entry for two to the Trump Cabinet Reception, the Make America Great Again Victory Rally, Trump’s swearing-in ceremony, his inauguration parade, and the Starlight Ball, where Time reports “high-dollar donors,” will be in attendance.  According to Liberland, the country’s twice-elected prime minister will be in attendance alongside President Vit Jedlicka. Tickets are being sold in partnership with the Trump Vance Inaugural Committee. Liberland says the Starlight Ball and Cabinet Reception are an opportunity “to make the case for Liberland to the incoming administration and how we can partner with decision-makers in helping establish a new, free-market country in the Balkans.”  Justin Sun elected prime minister of Liberland for a second ...

Coinbase has announced that it intends to delist Wrapped Bitcoin (wBTC), claiming that as of its “most recent review,” it no longer meets the listing requirements for the exchange. This will go into effect on December 19. This comes after Coinbase launched its own competitor to this token, Coinbase Wrapped Bitcoin (cbBTC), a token that has drawn the ire of Justin Sun, who is now involved in the custody of WBTC. Justin Sun and WBTC The tokenized bitcoin space has seen great upheaval since August when BitGo announced that it was forming a new joint venture with Justin Sun and BiT Global to manage the custody of WBTC . How involved is Justin Sun with WBTC’s new custodian BiT Global? Read more: CHART: The growth of WBTC competitors Sun’s involvement has provoked a great deal of consternation across the industry and led Coinbase and Kraken to launch tokenized competitors. It has also prompted an ill-fated proposal from Threshold Network to acquire...

A meme coin boom on the Tron network’s SunPump is minting millionaires, with the Justin Sun-backed platform generating over $1 million in revenue in less than two weeks and outpacing Solana’s Pump.fun in activity and revenue over the past 24 hours.” More than 7,500 meme coins were launched on SunPump in just the last day, generating $585K in revenue, according to Dune Analytics  data. By comparison, Pump.fun saw 6,700 tokens created, earning $366K during the same period. Traders Score Big Trading Meme Coins On Tron Traders are reaping massive profits from these meme coins on SunPump, with some early buyers turning modest investments into millions almost overnight. On-chain analytics platform Arkham Intelligence revealed in an Aug. 20 X post that one trader with the address “TT4S5,” who was one of the earliest buyers of SUNDOG, achieved a profit of $20.60 million in 6 days. This trader turned $1.69K of SUNDOG into $20 MILLION in 6 days TT4S5 wa...

The Justin Sun Group, including TRON, HTX, Poloniex and TUSD, reported a 14% increase in revenue from the previous quarter. Sun suggests that the ability to sustain revenue growth in these adverse conditions presents a more promising fourth quarter as the market displays signs of recovery. Better conditions to come In a post on X dated Oct. 26, Sun shares that following the third quarter of 2023, actual revenue was $202 million, with profits being estimated at $98 million. Based on these numbers, the Group’s estimate for revenue in the next quarter is now projected at $190 million, which would suggest profits of $104 million. 三季度结束了，三季度实际收入为2.02亿美元，支出为1.04亿美元，盈利为9800万美元，环比增长14%，集团增收降本措施持续见效。四季度预测收入为1.9亿美元，支出8800万美元，盈利为1.04亿美元。 https://t.co/8cBsL4v7vn — H.E. Justin Sun 孙宇晨 (@justinsuntron) October 26, 2023 Sun surmises an optimistic fourth quarter due to the third quarter being plagued with formidable challenges in the industry, including a backdrop of high-interest r...