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Tron CEO is to make an exciting announcement today, but what is it?

Written by  Jun 08, 2020

The CEO/founder of the Tron project, Justin Sun took to Twitter at the end of last month to announce that there will be an announcement today.

Sun has a habit of making pre-announcements but it looks like this news will be announcing a new development in the ecosystem. Justin has been criticised for his way of typing up the community with some people accusing him of doing it in order to pump the price of the TRX token up in the markets.

On the other hand, this could just be seen as a way to build up excitement in the community as a marketing technique. Many known companies use tactics like these in order to hype up their fan base, so it isn’t all that unusual.


Whether Justin does his pre-announcements in order to build up the price of TRX is unknown but since he sent out the tweet, there has been no significant change in the assets price.

The community responded to his initial tweet on the 30th of May with a lacklustre response. You can see one users response below:

Announcing and announcement brilliantly pointless....probably announcing he found another millions bots to pump Tron account usage ?

— SatStackers (@SatsStackers) May 30, 2020

We are still waiting on the announcement from the CEO of Tron but some have speculated that it is a project development which is specifically drawn towards the release of Tron 4.0. The CEO has made significant comparisons of Tron 4.0 to its potential counterpart of ETH 2.0, a very anticipated project within the crypto industry.

Also see: What is Tron (TRX)?

If you are new to the Cryptocurrency world and would like to open an account we recommend Cex.io.

Do you find this article useful? Comment below or follow us on Facebook or Twitter.

Carl Brough

Carl comes from a Crypto tech background in Blockchain, his flair and attention to detail is very important to the success of this website. Carl is a freelance journalist who now prefers to work from home and has such a broad range of experience in the alt coin market, we always appreciate his knowledge and ideas.

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