Justin Sun, the founder of The Tron Blockchain, recently moved to X, who was previously on Twitter, to boast about how TON appeared to be the best green encryption since Trump took office. The founder returned to the news after a viral went to buy and consume a banana of $ 6 million, registered on the wall not long ago.

Sun Quote tweeted a post from Cryptodifer on Tuesday open The wonderful Tron performance compared to the highest encryptions including BTC, ETH and Sol. The founder Trump, who was seriously drawn since he became the President of the United States interested in encryption.

A comparison of the top 10 cryptocurrencies since Trump took office on January 20. Source: Crypto varies

How was the performance of the first ten symbols so far

Compare the chart issued the fair value of the ten best encrypted currencies as of January 20, 2025, when Trump was opened, at its current prices as of March 10, 2025, and calculated the percentage of price change since the opening.

According to the data, most of the top ten symbols have been hurt since Trump’s opening with Torron only shows a great positive gain.

It can be said that Dogecoin is the largest loser, a decrease of 30.4 % of its peak; The side effect is more likely to get rid of investors after they realized that the presence of Duj from Elon Musk barely affects the price of Doge Meme.

The big loser was Solana, who witnessed a decrease in prices of up to 27 %. It has shook the latest declining investor confidence, but the worship community about the distinctive symbol continues, which makes all this seem to be a stage that will be left behind soon.

Among the first ten symbols, Solana is one of the ones that Trump chose to add to the strategic encoding stored that the United States plans to create, which must also be silver lining.

Bitcoin, which rose to a record level of 109,071 dollars shortly after Trump’s inauguration, decreased less than $ 100,000 thanks to investors who receive profits, the failure of American encryption orders to stir markets, and uncertainty from Trump wars.

There is no doubt that Tron is the distinctive match of the list, with a huge increase +92.6 %, making it the only cryptocurrency in the top ten for positive performance although TRX does not make a TROMP distinctive list that was allocated to the American Crypto reserve.

XRP paid this menu, showing more stability for other symbols in the list, with only a small decrease of 0.4 %.

The behavior of the top ten symbols is in response to all the political intervention that occurs unexpected. Historically, it is known that the encryption market suffers from a wonderful period after the presidential opening in the United States. In the case of President Trump, the market is in a serious correction situation after the death of euphoria in the elections.

There was a lot of euphoria after Trump’s electoral victory. Indeed, on the day that took the constitutional oath, the Republican power was surrounded by some of the richest Americans, including Elon Musk, Jeff Bezos, and Mark Zuckerberg, all of whom saw huge gains thanks to the stock markets.

Unfortunately, like the top ten vehicles in encrypted currencies, the President’s Rally of Friends and Wealthy supporters also exposed significant losses in the throat of billions of his wealth.

Weeks have passed since Trump swore, but at that time, five billionaires who sat behind him in the Capitol Rotonda have them lost Completely $ 209 billion of wealth.

Photo from the opening day of Trump on January 20
Photo from the opening day of Trump on January 20. Source: Trump opening (X/twitter)

To date, the S&P has lost 500 6.4 %, and Elon Musk decreased 148 billion dollars, Sergey Bren lost $ 22 billion, and Bernard Arnolt recorded $ 5 billion of losses.

That is, expectations that the market revenues they enjoyed on the opening day will be destroyed, and thanks to the most parts of some Trump and Moussa confrontations with the allies for a long time, the demobilization of the collective workers of government employees, and the background of the tariff.

Why do you challenge the gravity?

TON has seen a significant increase in value in weeks since Trump became president and it does not seem that growth will stop any time soon. TRON currently is $ 0.22 per code of 47.6 % of its highest level ever.

There are many reasons that make TON work well, although many other upper symbols flounder in the volatile market. One of the main engine of positive momentum is its founder, Justin Sun, who was in the spotlight for his bold investments in the Donald Trump encryption project, the financial freedom world (WLF).

The official Tron Justin Sun is the formal designated for consensus 2025, Hong Kong
Founder of Ton Justin Sun officially dedicated to consensus 2025, Hong Kong. source: Justin Sun (X/twitter)

Sun, who was also appointed as a Consultant in the global project, has invested $ 30 million in WLF shortly after Trump’s re -election, and the decision appears to stimulate the investor confidence in the TRX symbol. It seems that confidence has continued although it has been left outside the list of distinctive symbols that will be added to the reserve and in the face of market fluctuations.

Sun’s participation initially caused eyebrows due to his ongoing legal problems with the Securities and Stock Exchange Committee (SEC), which he saw as a defendant of fraud, manipulation of the market, and the offers not registered in March 2023.

Fortunately, the new SEC administration is less combat on encryption players, and the case has been waiting for waiting while exploring a possible solution with the update of the expected situation by April.

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By BBC

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