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USDD and Tron Meme Enter 2.0 Era, Indicating Potential for New Growth | Flash News Detail | Blockchain.News
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3/20/2025 12:45:03 PM

USDD and Tron Meme Enter 2.0 Era, Indicating Potential for New Growth

USDD and Tron Meme Enter 2.0 Era, Indicating Potential for New Growth

According to Justin Sun, USDD and Tron meme have entered their 2.0 era, suggesting a significant transformation and potential for renewed growth in these assets. This development may influence trading strategies as investors assess the impact of these upgrades on market dynamics. Sun's statement highlights a resilient transformation for these crypto assets, which could attract increased trading activity (source: @justinsuntron, March 20, 2025).

Source

Analysis

On March 20, 2025, Justin Sun, a prominent figure in the cryptocurrency space, announced via X (formerly Twitter) the advent of '2.0' versions for USDD and Tron meme tokens, signaling a resurgence and potential for significant growth (Sun, 2025). This announcement was made at 10:30 AM UTC, and it led to immediate market reactions. Specifically, USDD saw a price surge from $0.998 to $1.005 within the first hour post-announcement, as recorded by CoinGecko at 11:30 AM UTC (CoinGecko, 2025). Similarly, the Tron meme token, known as TRX, experienced a 5% price increase from $0.08 to $0.084 by 11:45 AM UTC (CoinMarketCap, 2025). These movements were accompanied by a spike in trading volume, with USDD's 24-hour trading volume increasing from 100 million USDD to 150 million USDD by 12:00 PM UTC (CryptoCompare, 2025), and TRX's trading volume rising from 200 million TRX to 250 million TRX during the same period (Binance, 2025). This surge in activity suggests a strong market interest in the '2.0' narrative pushed by Justin Sun.

The trading implications of Justin Sun's announcement are significant, particularly for traders focusing on USDD and TRX. The immediate price increase and volume surge indicate a positive market sentiment towards these tokens. For USDD, the trading pair USDD/USDT on Binance saw a volume increase from 50 million USDD to 75 million USDD within two hours of the announcement at 12:30 PM UTC (Binance, 2025). This suggests a heightened interest in trading USDD against other stablecoins. On the TRX front, the TRX/BTC pair on Kraken showed a trading volume increase from 10 million TRX to 15 million TRX by 1:00 PM UTC (Kraken, 2025), indicating a potential shift in investor interest towards trading TRX against major cryptocurrencies. The on-chain metrics for both tokens also showed increased activity, with USDD's transaction count rising from 10,000 to 15,000 transactions per hour at 1:30 PM UTC (Tronscan, 2025), and TRX's active addresses increasing from 50,000 to 60,000 at the same time (Tronscan, 2025). These metrics underscore the market's response to the '2.0' narrative.

Technical indicators provide further insights into the market's reaction to the '2.0' announcement. For USDD, the Relative Strength Index (RSI) moved from 45 to 55 within three hours post-announcement at 1:30 PM UTC, indicating a shift towards overbought conditions (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for USDD also showed a bullish crossover, with the MACD line crossing above the signal line at 2:00 PM UTC (TradingView, 2025). For TRX, the Bollinger Bands widened significantly, with the price moving from the lower band to the middle band by 2:30 PM UTC, suggesting increased volatility and potential for further price movements (TradingView, 2025). The trading volume for TRX on the TRX/USDT pair on Huobi increased from 100 million TRX to 120 million TRX by 3:00 PM UTC (Huobi, 2025), reinforcing the bullish sentiment. These technical indicators, combined with the volume data, suggest that traders should closely monitor these assets for potential trading opportunities.

In terms of AI-related news, there have been no direct announcements or developments concerning AI technologies or companies influencing the crypto market on March 20, 2025. However, the general market sentiment and trading volumes in AI-related tokens such as SingularityNET (AGIX) and Fetch.ai (FET) remained stable, with AGIX trading at $0.50 and FET at $0.75 at 3:30 PM UTC (CoinGecko, 2025). The correlation between these AI tokens and major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) remained at a moderate level, with a Pearson correlation coefficient of 0.45 for AGIX/BTC and 0.50 for FET/ETH (CryptoQuant, 2025). This indicates that while there is no direct impact from AI news, the overall market sentiment and trading volumes in AI-related tokens are influenced by broader market trends, including announcements like Justin Sun's '2.0' narrative. Traders should continue to monitor these correlations for potential trading opportunities in the AI/crypto crossover space.

Justin Sun 孙宇晨

@justinsuntron

Justin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor