Tron CEO’s Marketing Ploy has TRX Leading the Market Gains Again
- No, it’s not related to the Tron reboot that Disney is reportedly working on.
It can’t be anything of that huge level, or Tron CEO Justin Sun would have made several announcements of the announcement long before 2019 even started. Jokes aside, it is an announcement of an announcement that Sun says will be “big” for the Tron community and benefit all TRC 10 and 20 tokens.
Can you guess what it is?😉
— Justin Sun (@justinsuntron) November 27, 2019
The community is guessing from TRX burn, Coinbase listing, or a partnership with the likes of Alibaba but one that seems to be the most accurate is the listing on cryptocurrency exchange Poloniex.
A few hours before Sun made the announcement of an announcement, Poloniex also tweeted a cryptic message.
We’ve been working on something big for the #Poloniex community 👷♀️👷♂️
— Poloniex Exchange (@Poloniex) November 26, 2019
Recently, Sun revealed that he has invested in the exchange but didn’t buy anything. The investment was him just helping out some friends and betting on all exchanges that support TRX and BTT.
A few days after this, Poloniex also applied for becoming a Tron Super Representative to provide more features and attract new TRON users to the platform. Founded in 2014, the exchange was bought by Circle in 2018 only to be spin out in less than two years.
This might not be that big of news but TRX price is surely reacting to Sun’s marketing ploy. It is currently the biggest gainer among the top 25 cryptocurrencies.
At the time of writing, TRX has been trading at $0.0154 with 24 hours gains of 8.26% as per Coincodex. In the BTC market as well, it is up by 5.75%. However, the 11th largest cryptocurrency with a market cap of $1.03 billion is still down 93.82% since its all time high of $0.2316.