Tron's founder Justin Sun made bold predictions regarding the upcoming market capitalization of TRX and other stablecoins on his platform.
Justin Sun's Predictions for TRX Market Cap
In a message shared on social media, Sun claims that the market caps of TRX, USDT, and USDD on the Tron network will hit all-time highs in the second quarter of this year. He stated: "The market cap of TRX, USDT on Tron, and USDD on Tron will all hit all-time highs in Q2. Mark my words!" — H.E. Justin Sun.
Current TRX and USDD Performance
As of the time of writing, TRX is trading at $0.25, approximately 44% below its all-time high. For the total market value of TRX to break records, it needs to exceed $36.76 billion. Current market value stands at $23.97 billion, implying a necessary growth of 53%.
Context of Growth and Market Conditions
The stablecoin USDD, also associated with Justin Sun, has a controversial reputation, while USDT conducts the majority of its transactions through the Tron network. In this context, Sun has noted that an overall increase in the market cap of stablecoins for the current quarter could be significant.
Justin Sun's predictions regarding TRX market cap growth are intriguing, but achieving these projections will require significant shifts in the market.
