Tron (TRX) price rise coming? Justin Sun, Tron CEO has announced that the 11th largest cryptocurrency is partnering up with an industry giant with a valuation of tens of billions of dollars. With “guess the name”, Sun has risen the anticipation with TRX looking to take a hike.
TRX price surge incoming?
Tron founder and CEO has yet again raised the anticipation as he announces on Twitter: “Finally, First time to partner with tens of billions USD valuation industry giant.” And then ask the public to “Guess the name.”
Well, the majority of the people have come up with Alibaba, a Chinese multinational conglomerate in the Internet, retail, e-commerce, AI, and technology industry. Co-founded by Jack Ma, it is one of the biggest companies in the world, Alibaba’s market value stood at US$542 billion as of June 2018. The interesting fact is Justin Sun has graduated from Jack Ma’s Hupan University.
A few guesses were for Amazon, though people do come up with Ripple, Google, Walmart, Xiaomi among others.
Tron is quite popular with its marketing gimmicks as in the past Justin Sun has started countdowns for Tron mainnet launch, and TVM. One Twitter user shared, “Yeah another announcement of the announcement with the guess game now.”
However, people are certainly pumped up as another one comments, “tron to partner with a company worth in excess of $10 billion. #trx just keep delivering.”
These events raise the interest of the public in the related cryptocurrencies and the prices usually take a surge.
At the time of writing, Tron (TRX) has been trading at $0.0226 with a 2.15 percent rise. At 11th spot, it has a market cap of $1.48 billion while managing the daily trading volume of $173 million.
Do you think TRX will take a jump on the anticipation of this partnership? Share your thoughts with us by commenting below!