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Justin Sun Does It Again: Hints In Twitter Affect TRX and BTT Prices

27 May 2019 08:26, UTC
Justin SUN, CEO of the TRON Foundation, has once again proved that you can use any marketing trick on Twitter that will affect the price of a cryptocurrency. So, TRON (TRX) and BitTorrent (BTT) increased by about 15 and 25% respectively after his new post on Sunday.

Despite the fact that the CEO did not claim anything certain enough, the price of two cryptocurrencies reacted, increasing almost instantly.

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For example, Sun’s previous tricky post was a “dummy”: he wrote about a probable collaboration with Liverpool FC, which resulted in a lot of attention to the CEO of the TRON Foundation. However, it turned out that in reality, everything was much more prosaic: Sun simply presented the proposal that many companies receive via the email. In fact, nobody from TRON negotiated with Liverpool FC.

At the moment of writing the news, TRON cryptocurrency is ranked 11th in terms of cryptocurrency capitalization, BitTorrent is in 31st place.

Image courtesy of Blockboard