Bitzo
2025-06-18 16:51:22

TRX IPO Incoming: Tron Plans $210M Raise on Nasdaq

TRON is stepping into uncharted territory with a bold $210 million IPO planned for Nasdaq—a move that could redefine its role in the blockchain world. As the market watches closely, TRX’s leap into traditional finance may send ripples across the entire crypto space. Could this be the spark that sets off the next wave of altcoin momentum? Will TRON (TRX) Break Free from Bearish Grasp? Source: tradingview TRON (TRX) is hovering between 26 and 29 cents. Bulls seem weak right now. The price has slipped nearly eight percent this past week. But over six months, TRX has surged almost eight percent. Its RSI score is about 40, hinting at more bearish vibes. Yet, if TRX gains momentum, it might blast past the 31-cent resistance soon. With luck, it could even go up to 33 cents, marking a potential rise of more than ten percent from its current level. The support at 25 cents is nearby, so keep an eye on it. Bulls need to step up to flip the current trend. Conclusion TRON’s IPO ambitions mark a rare crossover between crypto and Wall Street, and its $210M raise could draw attention not just to TRX, but to established assets like Bitcoin, Ethereum, Litecoin, and Cardano. If investor confidence surges, we may witness renewed strength across major altcoins. The coming weeks will reveal whether TRON’s bold move inspires a broader rally—or becomes a solo headline in a cautious market. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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