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Justin Sun Graces Forbes Cover as TRX Trading Volume Surpasses $500 Million

Justin Sun Graces Forbes Cover as TRX Trading Volume Surpasses $500 Million

Tron founder Justin Sun has appeared on the cover of Forbes, coinciding with the tenth anniversary of Hupan University, from which he graduated.

The businessman is the second Chinese individual after Jack Ma to be featured on the magazine’s cover.

The community expressed concern, recalling the longstanding “curse.” In the past, the appearance of crypto entrepreneurs in Forbes has been followed by market downturns. Recently, MicroStrategy founder Michael Saylor also graced the cover.

Following the Forbes publication, TRX trading volume on Binance alone increased by 12%, reaching approximately $115 million. The token’s price briefly rose to $0.2305.

15-minute chart of TRX/USDT on Binance. Data: TradingView.

According to CoinGecko, the total TRX turnover across all supporting platforms reached $588 million. 

Activity on the TRON network showed growth: the number of unique addresses increased by 20% in a day, while the number of transactions jumped by 30%.

On March 26, Sun announced the launch of AI products and a new season of meme tokens on TRON.

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