The price of Tron (TRX) has skyrocketed after founder Justin Sun teased a big reveal about the cryptocurrency.
In a tweet dated 1st June, he referred to a project involving Tron and BitTorrent. “I think I will have a 70% chance to win and nail it,” he said.
I did it! Big win for the #blockchain community! Big reveal June 3. Stayed tuned! #TRX $TRX $BTT #BTT https://t.co/C2ZcINfcKb
— H.E. Justin Sun 孙宇晨 (@justinsuntron) June 1, 2019
The Tron price predictably surged in the aftermath of the announcement, leaping more than 20%. BitTorrent Token (BTT), meanwhile, was up 10%.
No partnership for you!
In May, Liverpool Football Club denied agreeing a partnership with the Tron Foundation, the company behind Tron.
This followed a tweet by Sun featuring a video invitation from the Premiership club complete with his company’s logo. Sun stated that he was looking forward to exploring an official partnership and that more details would be released shortly.
Misha Lederman, Co-founder of Tron-related startup IAmDecentralized, claimed that this “would be beyond massive for crypto to say the least…I can already see the Tron logo on that red @LFC shirt at Anfield.”
However, a spokesperson for Liverpool said: “We do regularly engage with lots of companies to better understand their business and we have extended an invitation to Tron, along with many others. To be clear, no discussions have taken place.”
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.