Tron (TRX) Price Reacts Positively After Justin Sun’s Pre-Announcement for June 3


  • Justin Sun says he will be unveiling something “huge” on June 3
  • TRX and BTT react positively to this announcement

Justin sun the CEO and founder of Tron (TRX) wrote on Twitter on June 1 that they are planning something “big” for June 3. He urged his followers to stay tuned and to wait for the date of the announcement. He has also written that the announcement is also going to be related to the BitTorrent (BTT) ecosystem. Sun is also de CEO of BitTorrent and the BTT virtual currency.

Justin Sun Says They Will Unveil Something Big on June 3

On May 31st, Justin Sun announced that they were working on the BitTorrent File System (BTFS) which is going to be a decentralized solution for data storage related to BitTorrent. The main goal is to enable 100 million users to be able to store files on their PCs. It is worth mentioning that Tron’s Super Representatives (SR) will be playing an important role in this scheme.

About the new BTFS, Tron explains in is roadmap:

“[BTFS] is both a protocol and network implementation that provides a content-addressable peer-to-peer mechanism for storing and sharing digital content in a decentralized file system. BTFS provides a foundational platform or Decentralized Applications, known as dApps.”

On May 31st, Sun said that after June 1st they were going to announce something “huge and amazing” about Tron and BitTorrent. Now on June 1st, he said that on June 3, he will be revealing something very important and positive for the whole community.

Because of his announcement, TRON became the largest winner among the 35 larges cryptocurrencies in the market. In 24 hours, the digital asset grew 15% and it has a market capitalization of $2.59 billion. Meanwhile, each TRX can be purchased for $0.03801. Tron is currently the 11th largest crypto surpassing Cardano (ADA).

Although the new announcement seems to be closely related to BitTorrent, the BTT token grew just 3% in the last 24 hours, according to CoinMarketCap. At the moment, the virtual currency is the 29th largest with a market cap of $352 million and a price of $0.001661.

TRON’s price is $0.11 TRX/USD exchange rate today. The real-time TRX market cap of $7.88 Billion currently ranks #20 with , daily trading volume of $1.29 Billion and live coin value change of TRX -13.27 in the last 24 hours.

Live Tron (TRX) Price:

1 TRX/USD =$0.1099 change ~ -13.27%

Coin Market Cap

$7.88 Billion

24 Hour Volume

$1.29 Billion

24 Hour VWAP

$0

24 Hour Change

$-0.01

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