The whole cryptocurrency market has been dwindling ever since they reached their highest point earlier this year, January 2018. The crash has resulted in all the major cryptocurrencies losing more than 80% of their value. This unexpected turn of the market has crushed the investors’ sentiments, with several coins valued at the price they were in early 2017.
Additionally, a majority of the market was expecting a bull rally this December, however, the coins fell further into the bear’s trap. This, in turn, has led the crypto verse trying to figure out the catalyst for the next bull run, with the majority of the well-known influencers stating that it is going to be technological advancement.
Changpeng Zhao, the co-founder, and CEO of Binance, asked the cryptocurrency community about the next catalyst for the bull run. CZ said on Twitter:
“What do you think will be the trigger for the next bull run? (I get asked this question often, and honestly, I don’t know the answer, other than keep building)”
To which, Justin Sun, the CEO and Founder of Tron Foundation stated:
“#DApp in #TRON and @BitTorrent project Atlas. #TRX $TRX”
TronsTronics, a Twitterati said:
“It is becoming more and more clear. There is nothing @justinsuntron can’t do. This is gonna be a year to remember 2019.”
Paul Brainy, a crypto-believer said:
“Great joke Justin. Really good one. When cycle on BITCOIN ends everything will change. And Tron has nothing to this. It’s just one of 2000 shitcoins which react on BITCOIN moves.”
Recently, Justin Sun and the co-founder of Ethereum, Vitalik Buterin got into a brawl because of a similar topic. In an interview with Smart Valor, wherein Buterin was asked about the next wave for cryptocurrency adoption. Buterin stated that the next cause is going to be the actual application of the technology and that it is not going to be built on hype.
This remark resulted in Sun stating that Buterin “admits that ETH leads the 2017 bull run built on hype”. This was followed by him stating that the Tron is going to lead the next bull run, which is going to be based on the massive adoption of dApps and BitTorrent.
Notably, this is not the first time the duo had a face off on a social media platform. In September, Buterin had stated that cryptocurrencies would not witness another 1000x growth in terms of price, to almost 200 trillion which is approx. 70% of the current global wealth put in cryptocurrency.
To which, Sun had stated that he believes that the entire wealth of the world would turn into cryptocurrencies “like blackhole and grow much bigger in the future”. He also added that the cryptocurrency market capitalization is going to hit $10 trillion before Apple’s and Amazon’s.
0 Response to "Tron [TRX]’s Justin Sun believes that dApp in Tron and BitTorrent project will trigger next bull run."
Post a Comment