Connect with us


Justin Sun gets criticized for posting an alleged “paid” release of TRON [TRX] as an “exclusive”!

Ketaki Dixit



Source: Flickr

Justin Sun, the founder of TRON [TRX] has been in the news recently for getting criticised by his followers for his tweets which are generally “announcements” of announcements in nature. This time around, Justin Sun tweeted about an “exclusive” coverage by Reuters about Tron’s Main Net release which was preponed from July 31st to May 31st.

Although the community, in general, has been happy about TRX getting listed in Bittrex and Upbit, a Korean exchange, they have found Justin’s tweet to be rather entertaining than informational.

Justin Sun's Tweet about an "exclusive" coverage

Justin Sun’s Tweet about an “exclusive” coverage

TRON’s blockchain technology allows users to store and distribute content. It allows the direct trade, transfer and exchange of content without any intermediaries. It acts as a catalyst to the growing nature of the ever-changing content production industry.

The recent Tweet about an “exclusive” with Reuters did not bode well with Twitteratis.

Tweets Questioning Justin's "Exclusive" tweet

Tweets Questioning Justin’s “Exclusive” tweet

Jonathan Estrada, another Twitterati says,

“Justin – this is very suspicious. This is not a real article unfortunately. It is paid advertisement. You are misleading your followers, including myself. You paid to have this posted under Reuters advertisement arm.”

Another Twitterati questioning Justin's tweet

Another Twitterati questioning Justin’s tweet

Tron is currently trading at $0.047 to a token with an 18% increase in the past seven days. This increase according to market observers was partly due to TRX getting added on the Korean exchange with a BTC and ETH pairing and news breaking out of Tron’s tech team increasing their team size to cover more ground.

Tron’s main net release was the most anticipated news as it removes the Ethereum dependancy and opens up the market to cheap and huge transactions.

Matt Gondry, a veteran cryptocurrency investor says,

“The Main Net release on March 31st coupled with a possible scenario of Bitcoin breaking its current lethargic levels to a 18-20K level then Tron could experience a massive bull run. Things have been going well for them with Upbit and Bittrex. Markets just need a slight green push and off we launch”

Subscribe to AMBCrypto’s Newsletter

Follow us on Telegram | Twitter | Facebook

Ketaki Dixit is a Journalism major from Jain University. She has about 1-year experience in the field and is passionate about blockchain technology and the cryptocurrency world.


Tron DApp Weekly Report: Gambling apps leads the surge in Tron DApp numbers

Namrata Shukla



Tron DApp Weekly Report: Tron DApps number led by Gambling apps
Source: Pixabay

Tron, the eleventh largest cryptocurrency on CoinMarketCap, recently collaborated with Bitpie, a partnership that would help startups to bridge the gap in vulnerable financial systems. Tron’s token might be lagging in terms of performance in the market but, Tron DApps continued to surge.

The DApp weekly report released by the Tron Foundation reported an increase of 22 DApps in the Tron ecosystem, taking the total to 392. It noted that gambling DApps mainly contributed to this growth as 17 DApps were gambling-based. Decentralized exchanges followed suit, as 3 new DApps made their way into the Tron DApp ecosystem. The main highlight for the entire Tron community was the partnership with Opera, a mainstream browser.

Tron introduced a DApp ‘Lucky Moon,’ an entertainment-based DApp that pushes users to estimate the current time to run away from the imploding rocket with a specific reward rate. As the rocket takes-off, the reward rate keeps increasing and the player will have to escape at the right time. An extension of this game is ‘Tyrant Annihilation,’ where users need to collect seven types of equipment to kill a tyrant. The DApp might have taken inspiration from The Avengers.

The report made note of the fact that the Tron public chain received support from Aocoin wallet, a decentralized secure digital currency wallet. My Token, a software company that specializes in market information has been integrated into Tronscan and TRX market, leading the way to user traffic in DApps ecosystem.

At press time, Tron was valued at $0.0283 with a market cap of $1.89 billion. The 24-hour trading volume of the coin was noted to be $690.34 as it reported 6.36% growth over the past day. The coin grew by 8.80% over the past seven days, but fell by 0.44% in an hour.

Subscribe to AMBCrypto’s Newsletter

Continue Reading