🚨 Serum to Sell $100M Worth of Stock — Plans to Go All-In on TRX!
In a move that’s turning heads across the crypto landscape, #SRM (Serum) has announced plans to sell $100 million worth of stock in a bold attempt to accumulate TRX (Tron). Yes, you read that right — Serum is betting big on Justin Sun’s Tron ecosystem!
💰 The Breakdown:
Stock Sale Amount: $100,000,000
Target Asset: TRX
Purpose: Strategic treasury shift — signaling deep confidence in Tron’s long-term vision.
This isn’t a casual buy — it’s a massive capital rotation that could shake the altcoin market, especially with Tron steadily gaining traction in DeFi, stablecoins, and real-world payments.
🧠 Why TRX?
High transaction speed with ultra-low fees.
Thriving ecosystem of DeFi dApps and USDT flows.
Increased institutional interest post-HK crypto regulatory softening.
TRX is one of the few chains showing consistent user activity growth.
📊 Technical Outlook — TRX:
Current Price: ~$0.118
Next Resistance: $0.124 / $0.130
Major Support: $0.112 / $0.107
MACD: Trending bullish crossover
RSI: Just above 55 — bullish momentum building
🤔 What This Means:
If this deal goes through, we might see:
TRX price spike on buy-side pressure.
More protocols and DAOs shifting liquidity toward Tron.
SRM making headlines again for its aggressive investment pivot.
Is Serum’s $100M TRX move a bullish masterstroke, or a risky all-in? Time — and the market — will tell. But one thing’s clear: they’re not playing small.
