Earlier in the day, the cryptocurrency TRON (TRX) grew more than 150%, becoming the eighth largest cryptocurrency by market cap. With this increase, TRON has increased Dash to 11.
TRON has been on the rise since mid-December and has grown more than 2000 percent since then.. Even in just the first week of 2018, TRON saw nearly 300 percent growth. TRON, which reached the $0.20 limit earlier in the day, is still at $0.20 levels and has a market cap of $13.3 billion.
What is TRON?
TRON presents itself as a Blockchain-based protocol for the entertainment industry – a platform focused on content distribution where TRON’s coin TRX is in circulation. The project ran an ICO in early September. The project was aiming to raise $70 million in the ICO and it successfully achieved this goal.. TRX has been on sale since mid-September.
Intriguing Tweets
In the past few days, TRON CEO and founder Justin Sun has given some hints about future partnerships, but Sun has not named these possible partners. It didn’t provide any details or details.
On January 2, Sun tweeted about a possible partnership with “huge companies” and claimed they “will be huge soon”.
More partnerships are coming! Even #NASDAQ listed companies and the giant companies with more than 100 million users started to contact us for partnership. We will be huge soon! #TRON #TRX $TRX
— Justin Sun (@justinsuntron) January 2, 2018
“More partnerships are coming! NASDAQ listed companies and even giant companies with more than 100 million users have contacted us for partnership.. We’ll be huge soon!”
On January 4, Sun again tweeted that a “prestigious” partnership will be announced next week.
We will announce our partnership with a very prestigious public listed company next week. Looking forward to it!
— Justin Sun (@justinsuntron) January 4, 2018
“A very prestigious ring next week we will announce our partnership with open company. I’m looking forward to it!”
On December 31st, Sun predicted that TRON would rank among the top 10 cryptocurrencies in 2018, and the prediction turned into reality just a few days after entering 2018.
Top 20 Cryptos in 2017. #TRON will be Top 10 in 2018. #TRX $TRX pic.twitter.com/tayOXWFzr2
— Justin Sun (@justinsuntron) December 31, 2017
“ Top 20 cryptocurrencies in 2017. TRON will be in the top 10 in 2018.”
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