Justin Sun Claims New Project Atlas Tron dApp Will Help Usher in Next Crypto Bull Run
Ever since scaling to its apex in January, the global cryptocurrency market has been on a bit of a freefall. As a result of the major crashes that have taken place this year, almost all of the premier digital currencies within this space have lost a whopping 80% of their value. Owing to this reason many investors have started to wean away from this nascent domain and are holding back till things start to look positive once again.
Also worth remembering is that many market experts had claimed that December 2018 would be the month when the altcoin sector would once again rise. However, as we all know, that has not been the case thus far, in fact, the month has already seen Bitcoin and some of the other premier assets drop to their lowest price point in quite some time.
Justin Sun Remains Ever Bullish
Recently, Binance CEO posted a question to his followers on Twitter which read:
— Justin Sun (@justinsuntron) December 8, 2018
Moments later, he received a reply from Justin Sun, the CEO and Founder of Tron Foundation, who claimed that ‘Project Atlas’ (which is built atop the Tron blockchain) will help usher in the next major bull run for the global altcoin market.
Sun And Buterin Go At Each Other
Our regular readers may remember, a couple of days back, Justin Sun and Ethereum co-founder, Vitalik Buterin, got into a verbal brawl when talking about the next wave of cryptocurrency adoption. On the subject, Buterin was quoted as saying that the next cause for a major bull run would be due to an “actual app rather than some internet hype”.
Sun took offence to the aforementioned remark and commented that Buterin’s ETH platform itself runs solely on “hype” at the moment.
This is not the first time Sun and Buterin have taken digs at one another. Earlier this year (in September), Buterin had claimed that
“the crypto market would not witness another 1000x growth in terms of its overall price”,
to which Sun immediately replied that much like a black hole, this market was set to
“grow much bigger in the future”.
Not only that, he also boldly proclaimed that the total cap of the cryptocurrency market would hit $10 trillion before Apple and Amazon would ever reach that figure.