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June 12, 2025

TRX Price Rallies on Trump-Backed Stablecoin Launch: Will Bulls Push Past 0.30?

Tron has launched a USD1 stablecoin, backed by World Liberty Financial and associated with both former President Trump and cryptocurrency pioneer Justin Sun. In just one week, the stablecoin’s market capitalization on Tron surged to 1.86 billion, resulting in a total value of 79.04 billion. Justin Sun joined Trump’s pro-crypto dinner circle in May 2025, potentially influencing market participation. As we analyze TRX, it shows signs of waning momentum just below the crucial resistance level of 0.286. On-chain data indicates 60.

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