TRX Token Holds Strong at $0.27 Despite $100M Buy Plan and $210M Tron Inc. Merger

TRXUSDT is trading at $0.2744, down 2.03% over the last 24 hours (Binance). The recent price decline is attributed to profit-taking and a lack of immediate price surge following the announcement that SRM Entertainment will complete a $210 million reverse merger to become Tron Inc., which will hold a significant TRX treasury and implement a $100 million TRX token purchase. Despite positive long-term sentiment from this development and Justin Sun’s advisory role, the market response has been muted, with TRX remaining range-bound amid broader crypto market volatility and increased whale activity. TRON maintains strong liquidity with a 24-hour trading volume near $943 million and a market cap of approximately $26 billion, ranking #8 among cryptocurrencies, while technical sentiment remains neutral-bullish with a Fear & Greed Index at 61 (Greed).