🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
🎁 Prize pool over $10,000! Win Huawei Mate Tri-fold Phone, F1 Red Bull Racing Car Model, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=12
How to earn Growth Points fast?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
100% chance to win — prizes guaranteed! Come and draw now!
Event ends: August 9, 16:00 UTC
More details: https://www
Tron is preparing for the issuance of 1 billion dollars in securities: Will TRX break through?
In a bold move that drew strong attention from the crypto market, Tron Inc. filed a registration for the issuance of securities worth $1 billion with the Securities and Exchange Commission of the United States (SEC).
This document shows that the company intends to buy back up to 3.1 billion TRON tokens (TRX) — an increase of 849% compared to the last purchase of 365 million TRX in June.
The previous purchase coincided with the time when the price of TRX began a strong rally. Therefore, the market is closely watching to see if history will repeat itself.
The securities issuance registration file provides the company with flexibility in selling securities in phases rather than selling all at once.
In this case, Tron Inc. will have additional capital to significantly expand the amount of TRX it holds, thereby supporting market depth, stabilizing prices, or even driving a strong price increase.
The proposed scale of nearly 3.1 billion TRX will be one of the boldest moves by any organization involved in crypto in recent quarters.
And with the unrealized profit on the Tron network being at an all-time high, the market may currently be ready for a new speculative wave if buying pressure returns.
Whether this move will lead to a bullish breakout depends on how quickly and clearly Tron Inc. will deploy capital.
If the filing is approved by the SEC, investors can fully expect to see profits double if history repeats itself and buying activity starts early.
This could trigger a strong price surge, especially in the context of unrealized profits on the TRON network being at an all-time high.
With the proposal to sign up for the issuance of securities worth 1 billion dollars now presented, Justin Sun's Tron Inc. could once again become a wave-making force in the market. If the capital flow starts to pour in and the network remains stable, TRX may be preparing for a new bullish wave.
Đình Đình