Justin Sun announces the announcement of an announcement; BTT surges 20%

26 May, 2019 | Updated: 26 May, 2019
by Will Heasman
Price Action
Justin Sun announces the announcement of an announcement; BTT surges 20%

One of the only two altcoins in the top 100 actually citing notable gains today is BitTorrent (BTT) and Tron (TRX) and it appears this is all thanks to Justin sun and his trademark marketing skills…

Sun, the master of hype and CEO of TRON often utilizes announcements in order to pump the market excite his followers, and this latest announcement (of an announcement) is no exception:

There was barely enough detail to even surmise what the announcement could be about; furthermore the addition of a “70%” chance to “win” alludes to the fact that it might not even happen… so instead of questioning the community decided to rip into Sun a little:

However, the market apparently agreed that this announcement was enough to warrant a 20% hike in price, with TRX citing a 10% increase and BTT citing a 20% rise soon after the news.

So, I guess we’ll have to wait until June 1st for the revelation. However, with a relatively small 70% chance of Sun ‘winning’ whatever there is for Sun to “win,” June 1st could end up being one big disappointment…

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Will this announcement on June 1st be worth the 20% rise?

(25 votes)

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