In a brief twitter announcement today, the CEO of Tron (TRX) announced that the project was inches away from partnering with an industry giant valued at tens of billions of US Dollars. The exact tweet was as follows:
Finally, First time to partner with tens of billions USD valuation industry giant. Guess the name
#TRON #TRX $TRX
— Justin Sun (@justinsuntron) October 12, 2018
Who Could it Be?
Justin’s followers on twitter have since started to speculate as to which company could be the new partner of Tron. One firm that has been suggested by many, is Alibaba. However, many have ruled out the retail and tech giant for its market cap stands at over $400 Billion. Further analyzing Justin’s statement, we note that he mentioned ‘tens of billions’. Therefore, Alibaba is automatically disqualified from the list.
To Much Hype, But no Market Action?
However, some of the members of the Tron community have taken to twitter to express their concern that the hype surrounding the partnership announcement, might fall flat due to the current crypto market atmosphere. Bitcoin recently dropped from stable levels of around $6,600 to $6,200. The King of Crypto has since eroded any Tron (TRX) gains that might have been brought about by the official launch of the Tron Virtual Machine only days ago.
BitTorrent Opens its 100+ Million Ad Network to Crypto Projects
In other news, Tron’s BitTorrent opened its 100+ Million Ad network to leading Crypto projects and businesses. Crypto advertisers can now leverage BitTorrent’s presence on various platforms, to advertise their products and services. Most of the users of BitTorrent are young, educated and tech-savvy, thus making it more appealing for the crypto advertisers to start campaigns and reach their relevant target audience. Advertisers can learn more by visiting Bit Media Network.
What are your thoughts on the possibility of a new partnership between Tron and a major company? Which firm do you think will be named the new partner of TRON? Please let us known in the comment section below.
[Image courtesy of twitter.com/justinsuntron]
Disclaimer: This article is not meant to give financial advice. Any opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.
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