Big Plans for Tron [TRX] Ahead, Founder Justin Sun Commits to Make Tron a Global Brand
January 18th, 2019
Major Highlights for TRON
- Tron CEO, Justin Sun says they want to become the first cryptocurrency people will think of
- While working on its dapp ecosystem and leverage BitTorrent’s huge customer base, Tron is also expanding its services to corporate clients
“The first cryptocurrency they will think of is Tron”- Justin Sun
Justin Sun, the founder of 9th largest cryptocurrency by market cap of $1.7 billion as per Coinmarketcap is looking for a bright future of Tron. Justin Sun told Bloomberg, he wants TRX to be the first cryptocurrency that comes into people’s mind when they think of crypto.
“The first cryptocurrency they will think of is Tron.” Not just this, he further clarified what’s in his mind for Tron’s future as he said, “We want to become the most famous brand in the world.”
For some, it might look like Tron is reaching too far but as Ryan Selkis, the chief executive officer at researcher Messari Ic. points out:
“A lot of people wrote off Tron as all hype/marketing and no substance, but they made a lot of noise with the BitTorrent acquisition, and now I think it’s an open question of whether they will be one of crypto’s most high profile ‘fake it til you make it’ success stories.”
If we take a look at the past one-month performance of Tron, they have been making a lot of noise. In about a month, the market cap of Tron doubled. It went up from $853 million to the current $1.6 billion. At one point, it even touched $2.3 billion.
28-year old Justin Sun is no doubt the center of all the attention and excitement who is extremely confident in Tron. Reportedly, the $70 million raised by the cryptocurrency in its ICO is sitting largely untouched, which further speaks of its growth.
Apart from becoming the most popular cryptocurrency in the world, the company is currently focused on its dapp ecosystem. Moreover, the goal is to turn the 100 million monthly users of BitTorrent into users of Tron cryptocurrency.
According to Sun, they are also expanding into serving corporate customers and already have agreements with Swisscom and Oracle Corp. At the time of writing, Tron has been trading at $0.025 with 24-hours gains of 2.43 percent. In the BTC market as well, it is in the green by 1.57 percent.