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Justin Sun Tweets New Partnership with “Industry Giant”, TRX Rises 14 Percent
Over the past week, the market has been in the red area, thus disappointing investors and holders. Tron (TRX) has been more often in green than in red, pretty much due to the new movements made by the platform team.
The biggest TRX trader
At the time of writing, TRX is trading at $0,023324 after a 5.17 percent rise. Earlier this week, TRX even demonstrated a 14 percent surge.
The well-known fact is that the largest number of TRX traded is conducted on Binance. This exchange passes through itself around $20.511 mln equivalent of TRX. Bit-Z follows this trading giant, with a circulation of $20.284 mln worth of TRX going through its traders.
Yuri MolchanNew partnership
On Friday, the CEO of Tron Justin Sun proudly announced teaming up with a new partner that he called an “industry giant” offering his followers to guess what company he was talking about. That, most likely, contributed to yesterday’s surge of TRX.
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
The announcement provoked a heated reaction of the community. Last time a similar thing happened when Tron revealed the purchase of BitTorrent, of which U.Today reported in summer.
XRP rising after TRX
Ripple’s coin is another asset which has picked the bullish movement and is going up, following TRX. However, on Saturday, XRP fell down a little and is currently sitting at $0,422317 after a 0.17 percent decrease.
Darryn PollockDisclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
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