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📰 News
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Tron Founder Justin Sun Asks Vitalik Buterin for Birthday Wishes, Sun Gets Criticized by Community Again

  • Yuri Molchan
    📰 News

    Justin Sun’s 29th birthday coincides with Ethereum 4th foundation anniversary, Sun asks for birthday wishes from Vitalik Buterin


Tron Founder Justin Sun Asks Vitalik Buterin for Birthday Wishes, Sun Gets Criticized by Community Again
Contents

On July 30, the Tron CEO Justin Sun celebrated his 29th birthday. However, that was also the fourth foundation anniversary of the blockchain that Tron sprang off last year – Ethereum.

In a recent tweet, Justin Sun suggests Vitalik Buterin congratulate him, thus bringing another wave of criticism on himself from the community.

The crypto community gives Justin Sun a #whenjail hashtag

The recent events that Justin Sun has been involved in have made him slightly fall in the eyes of many in the crypto community. The much-hyped lunch with Warren Buffett which later was postponed and now seems to be canceled, Sun’s troubles with Chinese authorities and numerous accusations of scamming, illegal gambling and running a pornography business have filled media headlines over the last couple of weeks.

Sun allegedly apologized to the community and regulators on Weibo and promised to start taking care of his health now (treating his ‘kidney stones’, which many believe to be a mere excuse for not postponing the lunch with Buffett) and reduce his social media presence.

However, a short while ago he tweeted a Bruce Lee quote without naming the source, thus making the community furious and bringing accusations of scamming on himself again.

Twitter image
Image by Twitter

A twitter user has even put a hashtag #whenjail when replying to Justin Sun’s request to Vitalik Buterin.

TRX price recovering

For a few days in a row, TRX price was showing a negative movement, dropping significantly with Tron dropping to spot #12 from #10 on CoinMarketCap.

However, at press time, the TRX price is in the green, showing a 2.31-percent rise and trading at $0.0223.

Tron price 07/31/19
Image by CoinMarketCap
Cover image via vk.com
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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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📈 Price Predictions
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XRP Price On The Verge Of Breakout? Twitter Users Expect XRP Hit $1 This Year

  • Vera Yurina
    📈 Price Predictions

    Can Ripple touch the $1 level this year? Check out interesting opinions and XRP price predictions from Twitter users


XRP Price On The Verge Of Breakout? Twitter Users Expect XRP Hit $1 This Year

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

Failing to sustain high price level, XRP is keeping around $0.30. It might seem that Ripple’s XRP stands still all the time, but Twitter users have the opposite opinion. They are sure that big changes are coming, and XRP is simply accumulating power for the price to explode. Can Ripple go to the moon in 2019? What will drive its overwhelming growth? Check out XRP price predictions from Twitter users. 

The history repeats

According to the long-term price charts, Ripple might be repeating its history, and the scenario of 2019 can actualize this year, too:

If XRP breaks out of the current resistance zones, its growth would exceed $1 easily. Some traders are sure it has enough potential to touch the $5 level, too.

Are there any certain triggers of XRP growth? There’s a bunch of theories. One of them claims that Ripple will burn its immense reserves of XRP for its price to rocket:

Although the petition is started, Ripple Labs itself does not plan to burn its tokens – it might have too serious outcomes. 

Card

 Here is the golden section pattern that proves XRP might soar:

However, it’s simply an amateur approach: what works with fiats might not work with altcoins at all. 

Better make mid- and short-term predictions based on traditional technicals, such as Fib levels:

XRP won’t grow overnight 

The short-term XRP price predictions are positive:

But simple moves to $0.4-0.5 won’t make any serious difference. As for higher XRP levels, there is no 100% confidence that we can reach them in 2019.

Don’t rush to the conclusions

All in all, time will show whether Ripple is able of groundbreaking moves. Right now, there are no signs of Ripple going to the ceiling. As one Twitter user ironically noticed, Ripple will discuss how liquidity has changed before they know the numbers:

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Has #XRPArmy Turned Against Ripple? Not Really

Has #XRPArmy Turned Against Ripple? Not Really

The XRP conspiracy theory

This post simply could not stay unnoticed:

What we are witnessing now is how Ripple Labs manipulates its XRP stocks and buys/sells XRP in large amounts to shift the value of the coin. Will their efforts turn out to be fruitful? 

For some reason, XRP gets more attractive for other blockchains’ representatives:

Seems like they know something usual traders aren’t aware of. Does it mean Ripple is preparing for a major breakout? Everything is possible.

Meanwhile, Ripple’s bottom levels keep growing from year to year:

Thus, Ripple Labs keeps actualizing its plans, even though slowly. So even if it’s a non-profitable variant for shorts, it must be a great choice for long-term investors. Patience is the key. 

Cover image via 123rf.com
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About the author

Crypto writer, blockchain geek & Bitcoin holder with a strong belief in the power of cryptocurrency. Veronika combines in-depth analytical approach with creative writing to deliver the texts that both inform and entertain. With hundreds of reviews, SEO articles and marketing texts under the belt, she has experience of working for blockchain Medium channels, Cryptodiffer site and ICOs. Part of U.Today team since 2018, she focuses on crypto price predictions and monitors the market to provide the most relevant info & opinions.

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