Tron Inc. Expands TRX Treasury Past 719.2 Million Tokens
- —Tron Inc. acquired 148,607 TRX at an average of $0.3365, about $50,000 in total
- —The company's total TRX holdings now exceed 719.2 million tokens
- —TRX trades in a weekly ascending channel, with an analyst eyeing $0.45
- —Holding support at the channel's lower boundary is key to the bullish structure
Why it matters: Corporate accumulation adds marginal demand for TRX, but the small size means price direction hinges on the channel holding.
Source: TronWeekly