The value of Tron has increased by 22% in the last 24 hours. There can be several reasons for this, Tron is a Chinese coin and since the Chinese president’s verdict on blockchain, all Chinese coins are burning. Another reason, Tron’s CEO and “master vendor” Justin Sun has announced on Twitter that Tron will be working with a US billion-dollar company.
#TRON will partner with a hundred billion USD megacorporation next week. It will not only benefit $ TRX but all TRC10 & 20 tokens including $ BTT & $ WIN etc. It will broadly distribute #TRON Dapps and tokens to billions of customers. TBA. Make a guess?
– Justin Sun (@justinsuntron) October 25, 2019
Buy the rumor, sell the news
Since Justin Sun has released this rumor into the world on Twitter, the price of TRX has risen sharply. Now we have to wait for the actual news, what that partnership entails and with which company they will work. This news would not only have a major impact on Tron, but on every coin that runs on the tron blockchain.
He then asked his nearly 2 million Twitter followers to guess which mega company he was referring to.
This is Sun’s second hint in less than two weeks. On October 15, Sun was asked on Twitter if big news is coming. Sun replied that they can expect something big before the end of the month.
Is it Samsung?
Although nothing is officially known yet, there are already rumors. A logical rumor is that it is about Samsung. This rumor is fueled by the fact that TRX and all other TRC-20 tokens (tokens on the Tron blockchain) are easy to add to the Samsung Blockchain wallet. Two more reasons: Samsung has more such partnerships and Sun previously tweeted that he would be one of the speakers at the upcoming Samsung Developer Conference 2019, scheduled for October 29 – 30 in San Jose, California.
This weekend, Tron also took the place of Stellar XLM. Tron rose to tenth place, and XLM dropped to number 11. Justin Sun could not contain his enthusiasm and tweeted that TRX is in the top 4 this year. He has already deleted this tweet, after a reaction from Changpeng “CZ” Zhao, CEO of Binance.