Tron ($TRX) pumps nearly 100% in within 24 hours, hits new all-time high

The current trade price of $TRX, the native token of the Tron blockchain, is $0.41 & this price level is 87% higher over the last 24 hours period.

The current trade price of $TRX coin is $0.41 pic.twitter.com/WE56X0Rfjy

— Bitcoinik (@Bitcoinikdotcom) December 4, 2024

Notably, in the last 24 hours, $TRX traded at its lowest at $0.22 & highest at $0.44, which means a net 100% increment in the price level.
The last all-time high of this Cryptocurrency was $0.28, but now the all-time high is $0.44 & it is possible that this level is only the beginning & probably the trade price of this Cryptocurrency may hit $10.

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Justin Sun, the founder of Tron blockchain, already showed his confidence in his Cryptocurrency following the similar significance pump in Ripple’s $XRP Cryptocurrency.

TRX, the next XRP

— H.E. Justin Sun (@justinsuntron) December 2, 2024

However, many people called this sudden price increment a price manipulation. Some people claimed that Justin was pumping his token using his money power. On the other hand, TRX coin enthusiasts are happy with this pump, regardless of manipulation allegations.

Regardless of the allegations against Justin, in the present situation, Justin is very happy & says that it is just the beginning. Indirectly hints that he is highly bullish with the current bull sentiments.

一切才刚刚开始

— H.E. Justin Sun (@justinsuntron) December 3, 2024

Justin Sun & controversy

Justin Sun is highly popular in the crypto space for his success & alleged manipulation in the crypto space. Last year, the American securities regulatory body charged Justin for promoting his Crypto projects in the US jurisdiction without any regulatory approval.

Today we charged crypto entrepreneur Justin Sun and three of his wholly-owned companies for the unregistered offer and sale of crypto asset securities Tronix and BitTorrent.

Read more:https://t.co/4tXgKNof6Q

— U.S. Securities and Exchange Commission (@SECGov) March 22, 2023

Justin many times denies every type of allegation imposed by the SEC body against him.
In October of this year, Sun was elected as a “Speaker of Congress” and appointed as “Prime Minister” of Liberland, a micronation (self-proclaimed country).

Many friends have recently asked me about my involvement with @Liberland_org , and I am indeed very happy to see the community elect me as the Prime Minister of Liberland.

My understanding of Liberland is as follows: Liberland is not just a country; it is a manifestation of a…

— H.E. Justin Sun (@justinsuntron) October 11, 2024

Liberland is a very small region on the Danube River floodplain border between Serbia and Croatia.

https://t.co/65ywx5vrl3#Tron (TRX) coin bull sentiments increase, as its founder becomes Prime Minister of a country

— Bitcoinik (@Bitcoinikdotcom) October 11, 2024

Read also: Donald Trump Nominated pro-Crypto SEC Chairman: Report

Tron ($TRX) pumps nearly 100% in within 24 hours, hits new all-time high

 

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