TRX-USD Today, December 31: Sun’s $18M Tron Inc. Bet Lifts TRX
Justin Sun is back in focus for Canadian crypto investors after his US$18 million equity investment in Nasdaq-listed Tron Inc. The move aims to expand the company’s TRX treasury and may support demand during thin year-end liquidity. With TRXUSD testing its 50-day EMA, a daily close above about $0.286 could target the 200-day EMA. A failure would risk a pullback toward roughly $0.263. We outline the Tron Inc investment, current TRX price levels, and a simple plan for managing risk in CAD.
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