On the morning of January 4, TRON (TRX) registered a 136 percent increase, becoming the 9th largest crypto-currency by market capitalization and pushing the Dash to 11th place.
Altcoin has been on a bullish trend since the middle of December, growing well over 2,000 percent since then. Only in the first week of 2018 did the currency reach almost 300 percent growth. TRON hit $ 0.20 earlier today and is currently trading at an average of $ 0.17, with a market capitalization of $ 12.4 billion by the close of the day.
What is TRON?
TRON is marketed as a Blockchain-based protocol for the entertainment industry - a platform for the distribution of content in which the TRON's native tok, TRX, circulates. The project launched an ICO in early September, reaching its fundraising goal of $ 70 million. The TRX has been trading since the middle of September.
Provocative tweets
In recent days, TRON founder and CEO Justin Sun has published a couple of tempting tweets that suggest future partnerships, without divulging any name or details.
On January 2 Sun tweeted about potential partnerships with "giant companies," and boldly commented "We'll be huge soon!".
JUSTIN SUN
More partnerships are coming! Even #NASDAQ listed companies and the giant companies with more than 100 million users started to contact us for partnership. We will be huge soon! #TRON #TRX $TRX
We will announce our partnership with a very prestigious public listed company next week. Looking forward to it!
On December 31, Sun predicted that his criptomoeda would enter the Top Ten in 2018, a feat he managed to accomplish in the first four days of the year.
JUSTIN SUN
Top 20 Cryptos in 2017. #TRONwill be Top 10 in 2018.#TRX
And you, how far can TRON go?
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