Justin Sun speculates on TRX price: TRON back in top 10 in June

07 May, 2019
by Jelmer van der Dussen
Justin Sun speculates on TRX price: TRON back in top 10 in June

TRON hasn't seen its best price performance in the last period, dropping from $0,03 in April to the current price of $0,024. Yet Justin Sun, CEO and founder of the project, isn't worried at all.

In an attempt to create hype around his token again, Sun speculated on the price today by tweeting that TRON 'will be back to the top 10 in June'. Currently, TRX sits at the 11th spot, with a market cap of $1.6B. Cardano climbed to the 10th position recently with a market cap of $1.7B. Stellar ($1.8B) is the number 9, followed by a huge gap with Tether ($2.7B) and Binance Coin ($3.1B) on the 8th and 7th spot.

Sun also tried to hype BitTorrent, the company that he bought last year and created the BTT token for. Currently, BitTorrent is sitting at the 50th place on CoinMarketCap, with a market cap of $130 million. But Sun believes that BTT 'will be in the top 30 in Q2'.

Sun gives no single reason for why he thinks TRX and BTT will reclaim their positions again, leading to skeptic reactions from the community.

Meanwhile, the TRX and BTT army want to see better price performance from their coins this year than what Sun is projecting.

TRON is up 2,5% in the last 24 hours, but it's still losing value to Bitcoin, that saw 4,5% gains today.

TRX/USD Chart provided by Tradingview

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Read more about: TRON (TRX) Justin Sun


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