#TRX Price Surges Despite Twitter Hack & Scam; Justin Sun Urges OKX To Freeze Funds

Despite a recent Twitter hack, the TRX token has surged following a major upgrade to Justin Sun's Tron network.

Highlights

Justin Sun's Tron network underwent a major upgrade boosting the TRX token price.

Scammers hacked Tron's official X account to promote a scam and stole funds.

Despite this scam, the TRX token surges by about 7% over the past month.

As Justin Sun’s Tron network has undergone a significant upgrade, the TRX price has seen a major rally despite the recent hack. Reportedly, scammers hacked the official Twitter account of Tron and used it to steal user funds. While Sun traced the stolen funds to OKX, he contacted them to freeze the assets.

Notably, the TRX price, currently trading at $0.2482, surged by a marginal $1.6% over the last 24 hours and a notable 7.2% over the past month despite a 0.6% weekly dip. Though TRX reached a daily high of $0.2498 following the upgrade, the Twitter hack pulled the price down.