Justin Sun Predicts Q2 Gains for TRON (TRX) and BitTorrent (BTT)
Justin Sun, the CEO of the TRON Foundation, recently took to Twitter to deliver some predictably bullish — although, less so than usual — price predictions for both TRON (TRX) and BitTorrent Token (BTT), which launched on TRON earlier this year.
In his tweet, Sun predicts that TRON will make its way back to the top-10 in June while BitTorrent will be a top-30 cryptocurrency in Q2 2019, meaning by the end of June.
— Justin Sun (@justinsuntron) May 7, 2019
TRX is down 20% in the past month, making it the eleventh-largest digital currency with a market cap of roughly $1.62 billion. Notably, it only needs to gain 2.2% to pass Cardano’s (ADA) market cap and reclaim a top-10 spot.
As for BitTorrent, the token currently has a market cap of $141 million, making it the 49th-largest cryptocurrency behind IOST (IOST). To make it to the top-30 based on current prices, BTT would need to gain roughly 80%.
Sun also made waves on Twitter yesterday in the aftermath of the Binance hack, where $41 million in bitcoin (BTC) was stolen from the leading exchange in a well-orchestrated attack. In classic Justin Sun fashion, the outspoken CEO looked to capitalize on the marketing opportunity by offering up 7,000 BTC worth of his own USDT to purchase Binance Coin (BNB), bitcoin, TRON and BitTorrent on Binance.
— Justin Sun (@justinsuntron) May 8, 2019
Of course, CZ promptly turned the offer down and noted that he would be using the company’s current SAFU fund to cover the losses.
More: Justin Sun’s Tweet
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.