Tron Founder Justin Sun Asserts TRX Price Will Hit New ATH

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Is TRX About to Become the Next Galactic Currency? 🚀💰

In a universe not so far away, Tron founder Justin Sun is positively fizzing with optimism over the future of Tron (TRX), as he gazes into his crystal ball (which suspiciously resembles a disco ball) and predicts a new price level. According to Sun, TRX’s price will reach a new all-time high (ATH), despite the current on-chain indicators and the fact that the universe seems to be conspiring against him.

Justin Sun Targets New All-Time High For TRX

Just three months after TRX hit an all-time high, Justin Sun has declared that the asset will leapfrog over its previous milestone like a caffeinated kangaroo. The project’s founder took to X (formerly known as Twitter, but let’s not dwell on the past) to predict the future price of TRX amid a swirling vortex of uncertainty that would make even the most seasoned fortune teller raise an eyebrow.

For Justin Sun, TRX will set another all-time high in the coming months, following a steep drop in asset prices that could make a rollercoaster look like a gentle stroll in the park. TRX set a new all-time high of $0.44 in December 2024, riding the coattails of a broader altcoin rally, but recent prices are about as exciting as watching paint dry.

“TRX will hit ATH no matter what happens,” declared Sun in an X post, presumably while standing on a soapbox and wearing a tinfoil hat.

With prices currently at $0.24, TRX has plummeted by 44.22% from its all-time high, but analysts are still sharing a similar sentiment with Justin Sun, possibly while sipping on some very optimistic Kool-Aid. TRX’s seven-day chart indicates a steady upward climb of nearly 7%, igniting wild speculation that TRX will reach the mystical $1 mark, which is about as likely as finding a unicorn in your backyard.

Tron Network’s Activity Heats Up To A Boil

Despite trading at nearly 50% from its all-time high, the Tron network is recording impressive network activity, which is a bit like saying a snail is running a marathon. Onchain analyst Ali Martinez confirmed that active addresses have reached 2.94 million, marking a two-month high, which is either a sign of impending success or just a lot of bored people clicking buttons.

Pseudonymous analyst Crypto Patel, who may or may not be a cat typing on a keyboard, revealed that TRX is barreling toward $1, expressing confidence that the asset will reach the target in this bull run, which sounds suspiciously like a rollercoaster ride through a candy factory.

A hefty investment by Justin Sun in the Trump family-backed World Liberty tokens has fueled speculation for an upward climb for TRX, although the exclusion of TRX in the Crypto Strategic Reserve has left a bad taste in the mouth of investors, much like that last slice of pizza no one wants to eat.

Amid all this speculation involving TRX, the Chinese-born entrepreneur is grappling with his fair share of legal troubles. Justin Sun is staring down the possibility of a lawsuit from blockchain protocol Chain for market manipulation, which sounds like a plot twist in a bad sci-fi movie. The US SEC is exploring a resolution to Justin Sun’s civil fraud case, following the securities watchdog’s dismissal of Kraken’s case, which is about as comforting as a warm cup of cold coffee.

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2025-03-09 03:18