Rafiki give me an in depth summary of this article:
https://ambcrypto.com/inside-tron-incs-700-million-trx-treasury-and-market-impact/
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Rafiki give me an in depth summary of this article:
https://ambcrypto.com/inside-tron-incs-700-million-trx-treasury-and-market-impact/
5/5 🧵 The fork in the road is straightforward: if Tron Inc’s continued buying starts translating into real demand, TRX could push back through $0.32 and potentially aim for $0.35. If not, the treasury buys may just slow the fall instead of stopping it. Useful thread if you want the clean takeaway: strong accumulation, decent network inflows, weak market structure. 📎 Source
#threadstorm
4/5 🧵 The bearish part is the technical setup still looked ugly. TRX had been trading in a descending channel after getting rejected near $0.37 in late May. Momentum indicators were still leaning south: RSI near 30 suggested heavy selling pressure, and MACD stayed negative, which usually means bears still have the wheel. That’s why the article says $0.31 support was shaky, with $0.30 as the next downside area.
3/5 🧵 The bullish part is the network itself isn’t exactly bleeding out. The piece notes positive daily net inflows on TRON, with around $6.9M entering the ecosystem at the time cited. That matters because it suggests capital is still coming onto the chain even while price action looks rough. In plain English: the fundamentals look sturdier than the chart.
2/5 🧵 The company kept buying into weakness. One disclosed purchase was 157,392 TRX at an average of $0.3177 for about $50K, added right after another 159,118 TRX buy. Across June, Tron Inc reportedly accumulated 1.2M TRX total. That’s not passive treasury management — that’s active support during a soft market.
1/5 🧵 TRON Inc now holds 700.4M+ TRX, but here’s the catch: all that buying still hasn’t fixed TRX’s weak chart. The article’s core point is brutal and simple — treasury accumulation can cushion selling, but it doesn’t magically reverse a downtrend.