Tron and BitTorrent CEO, Justin Sun, shared a few days ago that Tron would be back in top-10 by June and BTT would be one of the top 30 by Q2 in the cryptocurrency list after the Tron Foundation’s focus on developing Tron and BitTorrent’s ecosystem failed to help the coin climb the list.
Sun gave $200k to the Binance charity fund to help the people who were involved in legal suits against Craig Wright. He also talked about the long friendship he shared with Binance’s CEO, mentioning that they have a relation of “pure collaboration”, something reflected by Binance’s decision to add Tron and BitTorrent on its platform before any other exchange did.
Justin Sun and Binance hack
In a recent interview with Bitcoin magazine, Sun spoke about the recent Binance hack, stating that his move to donate a sum that was equal to the stolen amount to the exchange was intended to lower the panic in the community and called it a “small setback”.
Sun supported Changpeng Zhao, CEO of Binance on his take on Craig Wright, an Australian Bitcoin enthusiast. Sun noted,
“I totally agree with Changpeng Zhao. Craig Wright is always trying to bully people for legal because he acknowledges he may not win the lawsuit itself, but he can sue the people because of those people… People are unable to afford legal fees and lawyers.”
Justin Sun Assured The Use Of The BTT Token
Sun has also announced the launch of a BTT wallet and token on uTorrent and BTT by Q2, which has a number of over 1 million active users all over the world. Sun showed confidence in the utility of the token and said that they (TRON) had already run a “lab test” and talked about its impact which according to him gave a “dramatic improvement” of the network.”
The price rise of the BitTorrent Token (BTT) has also left its USD pairing at its highest level since a month when it first went into a bearish trend which is apparently now being challenged.
It seems as though Justin Sun has now managed to get results off his communication and marketing strategy yet again. The eyes on BTT in the middle of the latest price surge is kept sharp by the forecasters.
“El Màgico,” a Bitcoin and Altcoins trader on twitter said:
$BTT 1D TF-
“Broken out of this falling wedge, PA currently testing resistance. Want to see a 1D close above 7348 and I will feel very bullish on BitTorrent. Justin Sun while speaking at Consensus said they (TRON) have a bit in the pipelines on FA basis too. Looks primed for a rally.”
TRON CEO had hinted another similar partnership by mentioning in a tweet that he is glad to announce another tech giant with hundreds of millions of users will be enabling #TRON ecosystem in Q2 as well. He thrilled the readers by ending it with:
“Guess who? To be revealed soon on #Consensus2019.”
The message from Tron increased loads of excitement and many unknown theories to the already-hyped ‘Consensus 2019’ conference, where several crypto-enthusiasts are already expecting the identity reveal of the real ‘Satoshi Nakamoto’. Based on rumors completely, Sun was speculated to increase Tron’s reach in the crypto and blockchain market through partnerships as such.
Image Source: https://www.bittorrent.com/btt/