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TRON beats 7-year all-time high with market cap reaching 34.5 billion USDT

Bitcoinist
by Bitcoinist
9 months ago
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Tron (TRX) has reached a new all-time high surpassing a 7-year price level and hitting a market capitalization of 34.5 billion USDT. The high-utility crypto asset surged by 81% to reach a new all-time high of 0.43 USDT. 

Before we go further on Tron’s recent price action and the developments driving its surge. Let us look at another emerging Altcoin with a potential 234% surge following its presale. 

Minotaurus (MTAUR): Ongoing Presale with a potential 234% surge token 

Minotaurus is an exciting Web 3 gaming ecosystem with an ongoing live presale. The Web 3 game falls under the category of Hybrid Casual games and it involves navigating a minotaur through a maze. 

The Minotaurus project is offering its native MTAUR token in an ongoing presale for a reduced price alongside other benefits. 

The MTAUR token is currently going for 0.00006006 USDT and it is projected to list for 0.0002 USDT. 

This leaves MTAUR holders with a potential 234% surge at listing with the number going up to 400% for the earliest holders. 

Aside from the reduced price for MTAUR tokens, the presale is offering a 100,000 USDT giveaway with one lucky user standing the chance of winning 50,000 USDT in MTAUR. 

Early participants of the presale enjoy certain benefits which include a referral bonus for inviting friends, a vesting program incentivizing long-term holders, and exclusive access to upcoming features of the game. 

Enjoy these benefits by Joining the Minotaurus Presale Today! 

Founder Activities and Potential Grayscale Adoption driving TRON surge 

TRON hit a new all-time high of 0.43 USDT and is currently exchanging hands for 0.41 USDT. The crypto asset has surged by 78.8% in the last 24 hours alongside other altcoins like XRP and BNB. 

According to Pat Zhang, head of WOO X Research, the price action by TRON is driven by two significant factors. 

The recent activities of the network’s founder Justin Sun and the potential adoption of TRON as a Grayscale Asset. 

TRON is among the 35 proposed tokens listed by Grayscale for adoption and this piece of information has added more institutional legitimacy to the Tron project. 

Besides this, Tron’s founder Justin Sun has been in the news for a couple of good reasons ranging from a 30 million USDT contribution to  Donald Trump-backed World Liberty Financial and being made an advisor for the same project. 

Finally, a light-hearted stunt by Tron Founder involving a 6.3 million USDT artwork named Comedian helped spark community engagement having a positive effect on Tron-related tokens. 

Tron was launched in 2017 after a successful Initial Coin Offering that pulled in 70 million USDT. 

The Tron blockchain is among the leading blockchains in the industry with its TRC 20 network one of the most preferred networks for daily transactions.

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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