TRON Inc., the company founded by Justin Sun, has experienced a sharp decline in stock price, dropping nearly 90% since its public listing last year. In the most recent trading session, the stock closed at $1.36.
According to NS3.AI, this company—focused on manufacturing toys and licensed merchandise—struggles to achieve sustainable profits. Most of its financial results currently rely on unrealized gains from holding and staking TRX tokens, rather than core business operations.
Notably, while TRON Inc.'s stock has plummeted, the TRX token has only decreased by about 9%, indicating a significant disconnect between the company’s financial situation and the price movement of the related digital asset.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Crypto Market Holds Steady Despite U.S.-Iran Tensions
The crypto market remains stable amid geopolitical tensions, with a market cap of $2.31T. Bitcoin and Ethereum show slight gains, while notable gainers include TRUMP, IRIS, and PEPE. DeFi TVL rises, but NFT sales decline. Key companies adopt Solana's toolkit, and Singapore reports an $8.83M crypto theft.
BlockChainReporter8m ago
The TRUMP team is suspected of depositing 5.48 million TRUMP into a certain CEX, worth over 16.06 million USD.
Gate News report, on March 29, according to on-chain analyst Ai Yi's monitoring, the TRUMP team is suspected of selling over $16.06 million worth of TRUMP tokens. The Bitgo custody address has deposited 5.48 million TRUMP to a certain CEX in the past 2 hours. Tracing the source of the funds, this batch of tokens comes from the TRUMP Team.
GateNews2h ago
Bitcoin Breaks $69K Support Driven by Options Expiry Stress and Iran War Fears
Bitcoin falls below $69K due to $14B options expiry and Iran conflict fears.
Major altcoins like Ether, Solana, and XRP also decline amid market uncertainty.
Whales accumulate quietly, while Bitcoin ETFs attract institutional inflows despite extreme fear sentiment.
Bitcoin — BTC,
CryptoNewsLand2h ago
Mined 1 coin costs $20,000 in losses! Bitcoin miners spark a wave of fleeings as “mining difficulty” drops sharply by 7.8%
The Bitcoin mining industry is facing severe challenges, with mining costs skyrocketing to $88,000, while the Bitcoin price is around $68,000, leading to increased losses for miners. As geopolitical risks and high oil prices take their toll, hash power continues to decline, and industry pressure has also triggered market instability. Many mining companies are beginning to transition to AI and high-performance computing in order to survive.
区块客3h ago