Sun Yuchen stirs up waves again, SRM skyrockets 533%, is it the next TRX?

Sun Yuchen is making big moves. Tron plans to directly go public in the U.S. by merging with the Nasdaq-listed company SRM Entertainment through a reverse merger.

Once completed, the new company will be renamed Tron Inc., becoming the first publicly listed company in the U.S. specifically holding TRX. There are also rumors that Donald Trump's son Eric Trump will join the management of Tron Inc., while Sun Yuchen himself will 'step back' and become an advisor to SRM, to make it less sensitive to U.S. regulators.

Although Eric Trump publicly denied this, the market sentiment was completely unaffected, and SRM's U.S. stock continued to soar last night, closing at $9.19, with a daily increase of 533%.