🚀 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?
Brother Sun's TRX was included in the reserve? SRM skyrocketed by more than 500%. 👀
Just yesterday, SRM signed a $100 million equity financing agreement to launch the $TRX reserve strategy 🔥 $TRX also rose 5% in response, but more people paid attention to SRM's stock price, which skyrocketed by more than 500%. 💥
Recently, more and more companies and institutions have chosen to include cryptocurrencies in their reserves, and interestingly, most of these companies have nothing to do with cryptocurrencies, ranging from pharmaceuticals, gaming, education, and even health and longevity companies 🤔
When it comes to crypto reserves, most of the impressions are basically BTC reserves, but after the news of $TRX was issued, it also made everyone realize that it is not only BTC that can be used 💪 as a reserve
As of today, major companies announced that they would include BTC, ETH, TRX and other crypto assets in their reserves as of today, including the estimated amount 👇 of "starting reserves" &"signing reserve agreements".
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Lazy bag 🔍
🔹 That's over $6.5B in total
🔹 More than 15 companies
🔹 $BTC is the preferred asset for businesses, others include $ETH $TRX $XRP $SOL
🔹 Businesses span a wide range of sectors
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Stocks related to the concept of cryptocurrencies are generally rising, and perhaps in the future, the correlation between U.S. stocks and cryptocurrencies will be greater, will you choose to buy stocks or continue to hold cryptocurrencies? 🤔
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