Tron (TRX) at $20: Justin Sun Invites Community to Do Simple Math

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Category: News ,Author: Vladislav Sopov , Date: 22 Nov 2024 , Week: 47' data-url="/tron-trx-at-20-justin-sun-invites-community-to-do-simple-math" >Tron (TRX) at $20: Justin Sun Invites Community to Do Simple Math</h1> <div class="something"> <div class="something__title">Advertisement</div> <div class="something__nav"> <button class="btn btn--light something__close" aria-label="Close ad"></button> </div> <div class="something__content"> <div class="something__content--long">  <ins class="adsbygoogle" style="display:inline-block;width:728px;height:200px" data-ad-client="ca-pub-9245916885225528" data-ad-slot="4300015380"></ins> </div> <div class="something__content--square">  <ins class="adsbygoogle" style="display:inline-block;width:336px;height:280px" data-ad-client="ca-pub-9245916885225528" data-ad-slot="4924563859"></ins> </div> </div> </div> <div class="share article__share"> <a class="share__link share__link--x" href="#" title="Share to X" 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Sharing", "width=1200,height=600");return false;'></a> <a class="share__link share__link--tg" href="#" onclick='gEvent("telegram","shareTop");window.open("https://telegram.me/share/url?url=https://u.today/tron-trx-at-20-justin-sun-invites-community-to-do-simple-math&text=Tron (TRX) at $20: Justin Sun Invites Community to Do Simple Math")' title="Share to Telegram"></a> <button aria-label="Copy link" class="btn--light share__link share__link--copy" onclick='gEvent("copy","shareTop");copyToClipboard(this)'></button> </div> <div class="article__author"><a class="article__author-user" href="/vladislav-sopov"> <img width="224" height="140" alt="article image" src="https://u.today/sites/default/files/2021-07/8893.jpg" class="article__author-img" /> <div class="article__author-name">Vladislav Sopov</div> </a> <div class="article__author-desc">After making headlines with his $6.2 million "banana deal," Tron's Justin Sun is mocking skeptics</div> </div> <div class="article__wrap"> <div 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class="contents__nav-item"><a class="contents__nav-link link-pseudo" href="#h259976">TRX up to 100x rally? Here's what Justin Sun says</a></li><li class="contents__nav-item"><a class="contents__nav-link link-pseudo" href="#h359976">Tron (TRX) price makes epic comeback</a></li></ul> </div></div> </div> <div class="article__body"> <div class="article__main"> <div class="article__main-head"> <div class="article__short"> <div class="humble article__short-humble"> <div> <a href="/latest-cryptocurrency-news" hreflang="en">News</a> </div> </div> <div class="humble article__short-humble"> Fri, 22/11/2024 - 15:58 </div> </div> <div class="article__main-btns"> <div class="article__fontSize"> <div class="btn--light article__fontSize-toggle"></div> <div class="article__fontSize-menu"> <div class="article__fontSize-item"> <div class="article__fontSize-btn" data-size="article-small"></div> </div> <div class="article__fontSize-item"> <div class="article__fontSize-btn" data-size="article-medium"></div> </div> <div class="article__fontSize-item"> <div class="article__fontSize-btn" data-size="article-large"></div> </div> </div> </div> <div class="article__listen"> <audio class="article__listen-audio" src="/tts/?page=59976" preload="none"></audio> <button class="btn--light article__listen-btn" aria-label="Play/pause audio"></button> </div> </div> </div> <div class="article__img--wrap"> <img class="article__img" src="/sites/default/files/styles/736/public/2024-11/54153.jpg" alt="Tron (TRX) at $20: Justin Sun Invites Community to Do Simple Math"> </div> <figcaption title="https://u.today/">Cover image via <a href="https://u.today/">u.today</a></figcaption> </div> <div class="article__gnews"> <a class="article__gnews-body" href="https://news.google.com/publications/CAAqBwgKMMy2lQsw3ZqrAw?hl=en-US&gl=US&ceid=US:en" target="_blank"> <div class="article__gnews-text">Read U.TODAY on</div> <div class="article__gnews-title">Google News</div> </a> </div> <div class="article__content"> <div class="something"> <div class="something__title">Advertisement</div> <div class="something__nav"> <button class="btn btn--light something__close" aria-label="Close ad"></button> </div> <div class="something__content"> <div class="something__content--long">  <ins class="adsbygoogle" style="display:inline-block;width:728px;height:200px" data-ad-client="ca-pub-9245916885225528" data-ad-slot="3561648781"></ins> </div> <div class="something__content--square">  <ins class="adsbygoogle" style="display:inline-block;width:300px;height:600px" data-ad-client="ca-pub-9245916885225528" data-ad-slot="2056995427"></ins> </div> </div> </div><p>Tron's (TRX) rally to $20 and higher is a question of "simple math," Justin Sun ironically commented on X. Meanwhile, the crypto is actually rocketing; the TRX price is one step away from its all-time high despite the altcoin season lagging.</p><h2 id="h259976">TRX up to 100x rally? Here's what Justin Sun says</h2><p>In a joking tweet, cryptocurrency exchange Poloniex decided to calculate the prospects of Tron's (TRX) price given the fact that Tron's founder Justin Sun just purchased a banana for $6.2 million. This formula spells out $20 for TRX as a resonable price, Poloniex wrote to 635,000 followers.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Simple math <a rel="nofollow" target="_blank" href="https://t.co/UZ64Jg66eH">https://t.co/UZ64Jg66eH</a></p><div class="hot"> <div class="hot__head"> <div class="hot__title">HOT Stories</div> <a rel="nofollow" target="_blank" class="btn btn--light hot__btn" href="/hot-stories" title="Go to Hot stories"> </a> </div> <div class="hot__body"> <a href="https://u.today/xrp-to-2-this-crucial-level-needs-to-be-cleared-first" class="hot__col"> <div class="hot__col-name">XRP to $2: This Crucial Level Needs to Be Cleared First</div> </a> <a href="https://u.today/ripple-mints-gigantic-105-million-rlusd-stablecoin-in-one-go" class="hot__col"> <div class="hot__col-name">Ripple Mints Gigantic 10.5 Million RLUSD Stablecoin in One Go</div> </a> <a href="https://u.today/stellar-xlm-price-sensationally-jumps-by-56-overnight" class="hot__col"> <div class="hot__col-name">Stellar (XLM) Price Sensationally Jumps by 56% Overnight</div> </a> <a href="https://u.today/rich-dad-poor-dad-author-im-following-saylors-tactical-bitcoin-investment-plan" class="hot__col"> <div class="hot__col-name">'Rich Dad Poor Dad' Author: 'I'm Following Saylor's Tactical Bitcoin Investment Plan'</div> </a> </div> </div>— H.E. Justin Sun 🍌 (@justinsuntron) <a rel="nofollow" target="_blank" href="https://twitter.com/justinsuntron/status/1859861942732718325?ref_src=twsrc%5Etfw">November 22, 2024</a></blockquote> </div><p>Sun appreciated the humor of the statement and suggested that the TRX price rally over $20 (which is equal to a 100x upsurge) is an issue of "simple math."</p><div class="something"> <div class="something__title">Advertisement</div> <div class="something__nav"> <button class="btn btn--light something__close" aria-label="Close ad"></button> </div> <div class="something__content"> <div class="something__content--long">  <ins class="adsbygoogle" style="display:inline-block;width:728px;height:200px" data-ad-client="ca-pub-9245916885225528" data-ad-slot="3561648781"></ins> </div> <div class="something__content--square">  <ins class="adsbygoogle" style="display:inline-block;width:300px;height:600px" data-ad-client="ca-pub-9245916885225528" data-ad-slot="2056995427"></ins> </div> </div> </div><p>Yesterday, Nov. 21, 2024, Tron founder and BitTorrent CEO Sun purchased Maurizio Cattelan's "Comedian" artwork, which is literally a banana duct-taped to a wall, for $6.2 million.</p><p>The banana from the artwork was called "the most expensive fruit" in the world. Right now, Sun is planning to eat the banana himself as part of the "cultural experience."</p><p>Tron's community is excited by this performance by Justin Sun and is certain that the TRX price is ready to start its price discovery.</p><h2 id="h359976">Tron (TRX) price makes epic comeback</h2><p>Tron's TRX is one of the few major altcoins that managed to reach and even leave in the dust the price levels of previous rallies. </p><p>On Nov. 18, 2024, Tron (TRX) jumped to $0.204. This is the highest price level since early January 2018. As such, the TRX/USD price is targeting its almost seven-year highs.</p><p>At its current valuation, TRX only needs to add 10% to hit its all-time high. The cryptocurrency is on the verge of being among the top 10 cryptos by market cap, with an over $17.2 billion capitalization.</p> </div> <div class="article__panel"> <div class="article__tags btns-spacer"> <a class="btn btn--hash-tag" href="/tron-news">#TRON News</a> </div> </div> </div> </div> <div class="article__author -hr-"> <div class="article__author-label">About the author</div> <a class="article__author-user" href="/vladislav-sopov"> <img width="224" height="140" alt="article image" src="https://u.today/sites/default/files/2021-07/8893.jpg" loading="lazy" class="article__author-img" /> <div class="article__author-name">Vladislav Sopov</div> </a> <div class="article__author-desc"><p>Blockchain Analyst & Writer with scientific background. 6+ years in IT-analytics, 3+ years in blockchain.</p> <p>Worked in independent analysis as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)</p> </div> </div> <div class="something something--related"> </div> <div class="news 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