Does TRON need a new CEO?

TRON and Justin Sun have been a part of crypto for a long time now, but is it time for TRON to move on to a more professional CEO. Justin Sun’s antics have drawn a lot of blowback and criticism and it has reflected poorly on TRON and may be hurting it because investors don’t want to buy a crypto whose CEO they do not find Trustworthy.

Justin Sun has Dinner with Warren Buffet, tron rises

Justin Sun finally had the long awaited meal with Warren Buffet on Jan 23rd, about 7 months after the initial planned meeting. He bought with him Charlie Lee, E-toro’s CEO, Huobi’s CFO, as well as Binance’s Charity director. It is said that Justin gave Buffet 1 BTC and a few million TRX as a parting gift.

Justin Sun accused of using Kobe Bryant Tragedy to promote Nitron

After Kobe Bryant’s Tragic death yesterday from a helicopter accident, Justin Sun tweeted that they would have a moment of silence for the NBA superstar at niTRON 2020, calling Kobe part of the “TRON Family”. It didn’t take long for social media to become cynical about this tweet saying that Justin Sun was just using this tragic event to promote Nitron 2020. But if you break his tweet down, he said nothing disrespectful. He basically said:

1) We met and Spoke at niTRON 2019(which is true, Kobe was a highlight speaker at niTRON 2019 although they didn’t really talk about blockchain)

2) It was a great honor to meet Kobe

3) They’ll have a moment of silence for Kobe at niTRON 2020

Justin son pre-announces partnership with mega-corp

Justin Sun, the CEO of TRON and BitTorrent announced today that TRON and BTT were going to announce a partnership with a $100 billion mega-corp. Now, the question is which corp is it or is Justin Sun just manufacturing hype like last time? The $100 bln figure limits the possibilities to companies like Alibaba, Huawei, Samsung, and other mega-corps.

Justin Sun going to buy Poloniex?

There is a rumor from Poloniex insiders that Justin Sun is at the head of a group of buyers that is acquiring Poloniex from Circle. Circle acquired Poloniex last year for $400 million and it can be assumed that the price payed for Poloniex is in buyout would be greater. Poloniex will also be closing its doors to US customers soon and US customers will have until Dec 15th to get their coins off of Poloniex. This seems strange as one of Justin Sun’s goals was to get TRON(TRX) on a US exchange and this does not seem to do the trick.

Justin Sun accused of buying 5000 twitter followers a day

As if TRON CEO Justin Sun didn’t already have enough trouble, he has been accused of buying 5000 twitter users per day to boost up his popularity and faking that TRON has a lot of followers and interest. This wouldn’t be much of a scandal if it was anyone else but for a CEO that has depended on hype to keep his profile high, it may be a big blow if true. Justin Sun has been mired in lies and scandals for a year now and this certainly does not help the look of things.

TRON vs Ethereum, really Justin Sun vs Vitalik

There has been some drama in the crypto world lately as Vitalik took a shot at Justin Sun and Justin Sun responded, sharing his own views on crypto. This is a collision of two juggernauts in the Crypto World and possibly a reflection of the different directions that the two cryptos are heading.
Vitalik first said that he does not think Cryptocurrencies will see the fast 1000x growth again and some people thought he meant that cryptocurrencies would not see massive adoption and growth. However, this is not what he meant. He later clarified this by saying that what he meant was, he does not think that the market cap of cryptos will grow to 1000x what it is currently anytime soon. Considering that 1000x the current marketcap of cryptos would equal the vast majority of the world’s wealth, I would tend to agree with his assessment. He then took a shot at Justin Sun saying that if people thought like that, we’d all be creating hype like Justin Sun. Justin sun responded by saying that he believes in the future growth of crypto and that the crypto market would hit the $10 trillion market cap before any large corporation like Apple or Amazon did. I also agree with Justin Sun’s sentiment. I think the Crypto market cap of all coins will reach $10 trillion before any large corporation will. $10 trillion is still a far cry from 1000 times today’s market cap, which would put crypto at nearly $200 trillion so the two statements from the two titans of the crypto world are not mutually exclusive but they do represent the overall sentiment of careful growth from Vitalik vs boundless optimism from Justin sun. It also reflections the trajectories of Ethereum and TRON with TRON increasing its accounts and adoption while Ethereum is shrinking because it is being technologically outclassed by its competitors.

TRON Possible partnership with Alibaba? To $4 soon?

There has been strong speculation(and with teeth) that in the weeks after Justin Sun graduated from the University that Jack Ma founded, that the two have a secret agreement in place between TRON and Alibaba and are planning to have a senior official come out and confirm the deal. As of right now, this still falls into the “speculative” category but because of the close ties between the two men, it is more likely than other rumors to be true. Some say TRON could go as high as $4 if this deal were really signed, which is a possibility since that would give TRON more of a use case than any other cryptocurrency out there so in a bull market, it could see $4. However, in the current market, I think 40-50 cents is more of a possibility with this deal being signed if true. Either way, TRON is a coin you should be keeping track of in the coming days.