How High Can TRX Surge Once Tron Goes Public
Tron is once again grabbing mainstream headlines, primarily as the blockchain is now on the cards to go public. Justin Sun’s Tron is now all set to go public through a reverse merger in collaboration with SRM Entertainment. This news has led TRX enthusiasts and holders to reawaken their hope, speculating whether this event may trigger a spectacular price hike in the TRX price. Also Read: TRON Nasdaq Debut via SEC-Approved Reverse Merger, Shares Jump $100M Tron Goes Public Source: CryptoSlate Justin Sun’s crypto-backed Tron has now entered into a reverse merger with SRM Entertainment. This merger simply refers to a process where a company would merge with a public company rather than exploring an active IPO. The method allows a firm to penetrate the public markets at a faster pace, allowing smoother access to the perks. This merger will also push Tron to invest $210 million of tokens into Tron, thereby bolstering its holdings by a notch. The announcement of the firm making its way to th...