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Sun Yuchen: Tron’s User Count Reaches 200 Million Milestone
TRX Remains Stable, BitTorrent (BTT) Soars
Sun Yuchen: Tron’s User Count Reaches 200 Million Milestone
On the 6th, Sun Yuchen tweeted that his blockchain platform Tron (TRX) has reached the milestone of 200 million users. He specifically thanked Tether and its developers, as there are up to 34.5 million users (about 17.2%) holding USDT on the Tron network.
He believes that with the adoption of USDT and other stablecoins, Tron’s market position will be further consolidated.
TRX Remains Stable, BitTorrent (BTT) Soars
Sun Yuchen’s emotional statement did not bring any price increase to Tron, but instead, BTT started to rise about two hours later and doubled within two hours, with a peak increase of up to 127%.
BTT gradually retraced after reaching its peak, and at the time of submission, the increase was only 47%.
BitTorrent
The official Twitter account of BitTorrent did not release any positive news.
Note: Sun Yuchen acquired BitTorrent for $140 million in June 2018.
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“King of Hype” foreign media long article reports on the acquisition of BitTorrent: a company full of hype and lies
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Further Reading
Inspired by the fundraising of BALD, Sun Yuchen tweeted: Can we create an absolutely secure Shiba Inu?
Related to Sun Yuchen being sued by the SEC? Binance US announces delisting of SPELL, TRX