Justin Sun: Vitalik admits ETH led bull run built on hype, TRON to lead next run

02 Dec, 2018 | Updated: 02 Dec, 2018
by Jelmer van der Dussen
Ethereum
Justin Sun: Vitalik admits ETH led bull run built on hype, TRON to lead next run

Justin Sun thinks his project TRON will lead the next bull run, 'built on the massive adoption of dApps and BitTorrent, the recently by TRON acquired torrent platform.

In a tweet, Sun refers to a quote of Ethereum co-founder Vitalik Buterin, who, according to Sun, 'admitted that the 2017 bull run led by Ethereum was based on hype'. In fact, Vitalik only said in the interview with Smart Valor that 'the next wave of crypto adoption is not going to be built on hype because the hype was already there. It has to come from useful applications and things delivering value to people'.

After seeing the interview, Sun took to Twitter to predict that TRON will lead the next bull run not in a way Ethereum did, but 'built on the massive adoption dApps and BitTorrent'.


Read more: Ethereum killer?: Justin Sun encourages ETH developers to switch to TRON

The Ethereum community came out straight away stating that TRON 'is actually all about hype'.

The community agrees with Vitalik that real world applications will lead the way for crypto, but are not convinced Ethereum can make that work.

Currently Ethereum has a market cap of over $12 billion, while TRON sits at around $1 billion.

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