🚀 Not only is Sun going to take off in a rocket, but Tron is also about to take off!
@TRON_INC went public on Nasdaq yesterday (the 24th), and Sun rang the bell!
He truly is a man standing at the forefront, with constant news about him lately.
♦️ First, there was a massive withdrawal to exchanges recently, with 160,000 $ETH flowing into Binance over the past week.
♦️ Next, on July 21, Blue Origin announced the crew for the NS-34 space mission, and Sun became the youngest Chinese astronaut in the crypto industry.
♦️ Now, @TRON_INC is going public through a reverse merger with SRM Entertainment.
Every day I wake up to news about the legendary figure Sun; will @TRON_INC take off together with @justinsuntron after going public? 🚀
👇 Why is the market reacting so strongly to Sun's coin transfer? Why is it a merger with SRM?
Introduction to SRM Entertainment Company
SRM is the reserve company of Tron, which announced a $100 million equity financing agreement on June 17 of this year, initiating a reserve strategy for $TRX. Following this, the stock price skyrocketed by over 500% 💥
This reverse merger of SRM is essentially a shift from MicroStrategy back to being a major player. Will this merger news lead to positive developments in the stock price?
Is Sun's TRX included in reserves? SRM skyrocketed over 500% 👀
Just yesterday, SRM signed a $100 million equity financing agreement, initiating the $TRX reserve strategy 🔥 $TRX also rose by 5% in response, but more attention was drawn to SRM's stock price, which surged over 500% 💥
Recently, more and more companies and institutions are choosing to include cryptocurrencies in their reserves. Interestingly, most of these companies are not directly related to cryptocurrency, spanning industries from pharmaceuticals, gaming, education, to health and longevity 🤔
When it comes to crypto reserves, the general impression is mostly about BTC reserves, but after the news about $TRX, it has made everyone realize that not only BTC can be used as a reserve 💪
Coin Research has compiled statistics as of today, regarding major companies announcing they will include crypto assets like BTC, ETH, TRX, etc., in their reserves, including estimated amounts for "initiating reserves" & "signing reserve agreements" 👇
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Summary 🔍
🔹 Total over $6.5B
🔹 More than 15 companies
🔹 $BTC is the preferred asset for companies, others include $ETH, $TRX, $XRP, $SOL
🔹 Companies span various fields
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Stocks related to cryptocurrency concepts are generally rising. Perhaps in the future, the correlation between the US stock market and cryptocurrencies will be greater. Will you choose to buy stocks or continue holding cryptocurrencies? 🤔
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