The TRON token has been in the news for some time now following the loss of its market capitalisation and was the 12th digital currency before the TRON founder, Justin Sun said it could take up to six months before it heads back into the top ten on CoinMarketCap
The release of its first gaming decentralisation application TRONbet has seen the token gain a bigger trading volume beyond Vitalik Buterin’s Ethereum.
Although in a recent interview with CoinCentral, the CEO of the TRON Foundation and the TRON founder, Justin Sun gave a few hints to his favourite projects in the crypto space aside his interest in TRON projects and project Atlas. This isn’t the first time that Sun has given his thoughts on his interest in other digital currencies when XRP gained more than 70% in September following an announcement for the launch of the new product, xRapid.
In a recent interview, Sun was asked about other digital currencies that he was into other than TRON and he said Ethereum and Bitcoin and he stated that he is positive and maintains the belief that the TRON network will deliver a premium, decentralised internet experience to its users.
According to ZyCrypto, explaining his choice for picking Ethereum, he said that it’s the first expansion of the blockchain to applications and that he’s always been a fan of the project despite his strong goal to make TRX beat ETH in market capitalisation.
For choosing Bitcoin, Sun explained that it’s one of the projects he likes. He said:
“Gateway for many into the world of blockchain technology, and showcases its potential extremely well.”
After TRONbet was launched, a day following, Sun was excited to see the transactions for the TRON token to beat Ethereum during mid-October. Ever since this, the trading volume for the TRON token has been growing higher and higher in a race with Ethereum due to the gaming site contributing around 20% of its trading volume.
Currently, TRX is in the green by 2 percent and is sat at number eleven according to CoinMarketCap. The price of TRX is trading at $0.022 a the current time of writing.
What are your thoughts? Let us know what you think down below in the comments!
