Tron Price in Red Despite Justin Sun’s Promise of Big Announcement on June 3

Last week, Justin Sun tweeted that ‘something amazing’ was going on with BTT and Tron, with details promised to follow after June 1.

On Saturday, June 1, the Tron price soared as the crypto community was anticipating Justin Sun to announce something important about Tron and BitTorrent.

Justin Sun: Just wait for another ‘big announcement’

On Friday, the Tron CEO encouraged the Tron community to stay tuned for one more big thing to be announced on June 3.

I did it! Big win for the #blockchain community! Big reveal June 3. Stayed tuned! #TRX $TRX $BTT #BTT https://t.co/C2ZcINfcKb

— Justin Sun (@justinsuntron) June 1, 2019

However, as this day has arrived, the Tron price is going down. Is the community getting tired of Justin Sun’s promises?

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What the Tron community should expect this week

The prominent Tron supporter Misha Lederman has tweeted that this week several major events would take place. Among them, BTT entering top 30 on CMC (although this took place a while ago already), and Tron returning to the top 10 (this briefly occurred on Sunday but currently TRX is floating between spot 10 and spot 12).

One of the most important events is that this week, Tron celebrates one year since getting off of Ethereum and launching its own mainnet.

The BTFS announcement already took place last week. What is more, today, June 3, is the day when Justin Sun is supposed to finally make the ‘amazing announcement’ he has been promising since last week.

Despite all these good things for Tron, the TRX price is currently sliding.

Tron’s market situation

At press time, TRX is in position 11 on CMC and is trading at $0.0364, showing a price decline of nearly 9 percent.