Overnight, all tokens of Justin Sun’s group surged. As of 8:34 a.m. on December 4, TRX and SUN both rose by more than 50% in a single day. In addition, TRX and HTX continued to set new highs, reaching 0.4497 USDT and 0.000003596 USDT respectively. The SunPump ecosystem is even stronger, with FOFAR rising by more than 100%, and MUNCAT and SUNCAT both rising by around 80%.
TRX=XRP?
It all started with a tweet from Justin Sun: TRX, the next XRP.
Just as people were making fun of and speculating about this content, TRX's rise was just like XPR's before, setting new highs all the way, reaching a maximum of 0.4497 USDT.
Sun Ge responded: 6 years have passed. Still here. Still BUIDLing. Everything has changed, but one thing has not changed: TRON is still a strong contender for the top 10 in the crypto market.
Crypto KOL MMCrypto wrote that TRX broke the 7-year record high and needs to be respected. This is one of the very few cryptocurrencies that beat Bitcoin in multiple cycles! He also said that he will wait for an opportunity to enter the market for the long term.
Presto Research analyst Min Jung believes that the (South Korean) political event may have played a role in TRON's rise, but the rise is unlikely to be driven entirely by the event. This may also be part of a broader "Dino rotation", where traditional cryptocurrencies like XRP have been rising under current market conditions.
0×Moon analysis shows that TRX, as a token of the TRON public chain, has benefited from TRON's strong stablecoin capital, so even if the ecosystem seems to be underdeveloped, it will continue to rise. At the same time, the empowerment of Meme Season makes it possible for TRX to rise further.
He concluded that a careful study would reveal that the performance of the Sun Brother series is always the most stable, with the least decline in a bear market.
$HTX may be the next wealth code
The exchange's platform currency has always been a strong and stable sector. Although Brother Sun has been busy all the time and has a strong presence, $HTX is relatively low-key and has not entered the public eye. It has also quietly reached ATH in the past two days.
Data shows that this morning, $HTX rose to a high of $0.000003596, setting a new record high. The token has risen by nearly 350% since it bottomed out at $0.0000008 in early August this year.
Why is $HTX worth paying attention to? Crypto KOL Evans.eth analyzed that there are three reasons:
1. Cancel the $HTX subsidy and the circulating market value is perfectly controlled.
The inflation pressure of $HTX has been significantly reduced, the circulating supply has been tightened, and the supply and demand relationship has been further optimized. In the long run, this provides a solid foundation for the price increase of $HTX .
2. Mining and financial management are connected, one coin can be mined in multiple ways, reducing the difficulty of operation.
Huobi HTX ecosystem is breaking down the barriers between mining and financial management. Users only need to hold $HTX to enjoy the "one coin, multiple mining" profit model. Higher profits and simpler operation!
This not only improves the efficiency of users' capital utilization, but also enhances the actual usage scenarios and attractiveness of $HTX. Directly lock $HTX and enjoy multiple benefits!
3. Brother Sun is about to make trouble, and his loyal fans have already eaten the meat in advance.
Now is the beginning of the bull market, and the Huobi HTX ecosystem will usher in an important turning point for capital inflow. $HTX is undoubtedly the star player in this feast. Sun Ge once again demonstrated his precise control of the market, and his every move can attract great attention from the market.
In addition, Evans.eth also stated that by optimizing user experience and lowering the operating threshold, $HTX is becoming the core force driving the development of Huobi HTX ecosystem. The trend of substantial capital inflow has already emerged, and directly holding $HTX may become the first choice for users. With the continuous improvement of Huobi HTX ecosystem, the use scenarios of $HTX are continuing to expand. From payment, mining, financial management to more innovative scenarios, the value of $HTX will be further amplified in the closed loop of the ecosystem.
He concluded that $HTX's trend has been ahead of other mainstream currencies and has become one of the indicators of the start of the bull market. In the future, $HTX is expected to become the focus of capital chasing and usher in a new round of rising waves.
Bull market prices may exceed expectations, and everything has just begun
HTX and TRX continue to hit new all-time highs. Crypto Squirtle/Ji-smart Jenny, the founder of the largest Chinese crypto community in Australia, commented that Sun Ge is still quite capable. Evans.eth also posted that Sun Ge has never lied to anyone, but it is not a bull market yet.
As for the future direction of the bull market, Justin Sun revealed in a media interview that 2025 will be a big year. The four-year cycle of the crypto industry is very obvious, and now there are positive factors such as Trump's election and friendly regulation. He also admitted that he would not predict prices because prices sometimes exceed expectations.
Perhaps crypto users can look forward to it, as Justin Sun said on social media, everything has just begun.
