Tron creator and CEO of BitTorrent, Justin Sun has announced he won the 2oth anniversary charity launch hosted by Billionaire entrepreneur Warren Buffet, with a whooping sum of $4,576,888. Justin Sun, last week dropped $4.6 million to seal the charity action on eBay.
While the cryptocurrency community have been waiting for the big announcement, Justin Sun who branded himself as a long-term believer of Buffett and his long-term value investing strategy, said the upcoming lunch is an opportunity for him to educate Buffet while also seeking mutual understanding and growth with the CEO of Berkshire Hathaway.
It is a known fact that Buffet said he sees no “unique value” in Bitcoin, but believes in blockchain, the tech behind BTC.
While expecting contributions from other leaders in the crypto and blockchain space, Justin said the Buffett auction is a worthy cause which the whole money would be used to support the GLIDE Foundation’s 50-year quest to help the homeless and needy in San Francisco.
The development is no doubt a blessing for TRON and BitTorrent, and will generally help the cryptocurrency and blockchain community at large.
Early Today’s Gazette published a widespread rumour that the big announcement is going to be a partnership with Apple Inc, however, the rumour turns out to be completely untrue.
Will Tron (TRX) Price See Double Explosion?
Bitcoin is undoubtedly known as the market leader with its ability to influence the trend of most coins in the space. However, Tron (TRX), a cryptographic project of the Chinese icon Justin Sun, is undoubtedly making this a myth in the space.
After tons of remarkable announcements, the latest one shows that Tron is trying to be an outstanding project in the blockchain space.
As at press time, the price of Tron (TRX) token is still painted with red, the usually plummeting color, but there are high opportunities the value of the altcoin spike in the next few hours due to buying pressure. Analysts have proclaimed that people are already finding Tron as a viable project to invest in, and its pathway to success has been paved.
While Justin Sun earlier promised the supporters and investors of his coin that Tron will undoubtedly sit on the 6th position this year, it is clear that the time has arrived.
Tron (TRX) is Unchallengeable In China, Research Reveals
China remains a hostile region for all cryptocurrencies, but some projects seem to be finding their way out of the valve to succeed in the regions. Tron (TRX) among all cryptographic projects in the blockchain industry is pulling strings to become viable in China, and it is gradually getting a nod.
After two consecutive known times, Tron has again made it to top three in the latest ranking issued out by China’s Center for Information and Industry Development (CCID).
CCID, the largest research and consulting company in china, in its 12th Global Public Blockchain Technology Assessment Index, placed Tron in the second position with 144.1 points for the third consecutive times.
CCID described that the assessment was based on creativity, basic technology and applicability, safety, and decentralization among others. Therefore, Tron is rich in these qualities.
The fact that Justin Sun is the founder of the Chinese Snapchat, Peiwo, and Tron making it to the top position in the Chinese index consistently is sure a boost for the blockchain technology in the region.
