TRON (TRX) Is Making a Splash: What's Causing This Crazy Rise?

TRON (TRX) is really making a splash right now! With its price hitting $0.1578, it's at its highest point in three years. This huge jump has pushed

TRON (TRX) is making waves in the crypto world once again. After hitting a high of $0.1578, TRX is now trading at $0.1541, showing a gain of 12.45% in the last 24 hours and a massive 22% over the past week.

With this impressive surge, TRON has booted Cardano (ADA) out of the Top 10 crypto rankings. But what’s causing this sky-high rise, and could there be even more to come for TRX? Let’s dive into the numbers and see what’s going on!

TRON’s Market Cap Going Through the Roof

A quick glance at TRON’s 30-minute chart shows TRX at a critical level of $1.152. If it manages to break through the resistance at $1.155, we could see a rapid ascent towards $1.580. However, if TRX drops below the critical level of $1.152, we might witness a shift in momentum. In that case, the price could experience a downturn towards support levels at $1.482 or even lower at $1.453. Get ready for some wild ups and downs!

SunPump’s Meme Coin Frenzy

So what’s really driving TRON’s sky-high rise? The key seems to be SunPump, a new meme coin platform that’s been making big waves. Ever since SunPump started, we’ve seen the launch of around 40,000 new meme tokens. And get this – since launch, around $6.2M revenue has been generated. That’s some serious exponential growth.

This meme coin madness is playing a huge part in TRON’s price surge, with lots of investors jumping in hoping for big profits. Now, let’s see how SunPump is affecting TRON in a positive way – the numbers don’t lie!

Revenue Boost: TRON’s Financial Explosion

According to Dune’s data, total revenue from token launches on SunPump has skyrocketed to a massive 3,792,453 TRX. And here’s another interesting stat: the number of tokens launched jumped from 354 on August 13 to an incredible 11,174 by August 19. Many of these tokens are TRON versions of popular coins like PEPE, which is getting a lot of people excited.

With TRON now featured on Dexscreener, it’s getting even more visibility. This could draw even more investors and push TRX to new heights.

Dex Screener Integration: TRON’s New Journey Started!

TRON has officially been integrated into Dex Screener, a move that’s set to turbocharge the platform’s visibility at a large scale. Justin Sun, the charismatic founder of TRON, announced this exciting development on X (formerly Twitter). With TRON now featured on Dexscreener, the exposure for TRON and its projects is about to hit new heights.

Here we go! TRON is officially on @dexscreener ! You can track TRON meme tokens and get info. This milestone integrates TRON and @sunpumpmeme into the meme token community. Tomorrow, millions are expected to join the TRON meme ecosystem, and we are ready! https://t.co/bBWZkTSVCf

What’s Next?

With TRON’s market cap shooting up and SunPump’s meme coin explosion driving big revenue, things are looking bright for TRX. Investors are keeping a close eye on these developments. The numbers suggest that TRX could be on the brink of even bigger gains. If the trends keep going this way, a 50X surge might not be too far off. If you’re thinking about investing, now could be the perfect time to jump in before the next big leap!

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