Justin Sun tweeted on the 6th that his public chain TRON (TRX) has reached a milestone of 200 million users. He especially wanted to thank Tether and the developers behind it because as many as 34.5 million users (about 17.2%) hold USDT on the TRON chain.
He believes that with the adoption of USDT and other stablecoins, TRON's market position will be further consolidated.
TRX remained unchanged, while BitTorrent (BTT) surged
Justin Sun’s emotional speech did not bring any increase to Tron at all. Instead, BTT started to rise about two hours later and doubled within two hours, with the increase reaching 127% at one point.
BTT gradually pulled back after reaching its high point, and the increase has only been 47% so far.
BitTorrent’s official Twitter account did not release any positive news either.
Note: Justin Sun acquired BitTorrent for $140 million in June 2018.
Let's learn about Sun Ge's past
1. Sun Ge announced the launch of an ICO, which was later known as TRON. He held a nationwide roadshow for a month, and the 94 incident happened a month later. After he raised funds, all ICO projects were closed.
2. In 2018, the second bull market, TRON reached a historical high of 0.27, and the bull market ended
3. IEO hot spots. In 2018, Sun Ge also launched an IEO BTT. One month later, the IEO sector plummeted.
4. I won the lunch with Buffett, but he didn’t. The cryptocurrency market plummeted within a month.
5. In 2020, they took advantage of the popularity of DeFi and plagiarized Uni, Sushi, YFI, etc. to create their own imitation projects on Tron. As soon as they went online on September 1, the prices of the original coins of these projects collapsed. Sushi fell from 13 yuan to 50 cents, and YFI fell from 30,000 to 7,000. . .
6. After years of silence, Sun Ge issued an open letter saying that he would invest all his efforts in the BTC project, and the stock price plummeted on September 7.
7, 2023.3.2 Sun Ge’s Twitter feed warmed up again, saying that there will be major TRX news next week. . .
8. In May 2022, a stable currency USDD was created, and within a few days, UST was directly decoupled and LUNA was directly exposed
How can there be such a coincidence in the world?
When Brother Sun smiles, life and death are unpredictable.