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Tron Founder Justin Sun Gets Under Fire While Boasting New Tron dApp Volume Data

  • Yuri Molchan
    📰 News

    As Justin Sun shares new data on growth of Tron-based dApps’ monetary volume, the community accuses him of failing to make TRX price grow

Tron Founder Justin Sun Gets Under Fire While Boasting New Tron dApp Volume Data
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Contents

In his recent tweet, Justin Sun proudly shares another milestone that Tron dApps have reached lately – the volume of cash that passes through them has outperformed that of EOS and Ethereum.

Sun calls the Tron-based Wink dApp as the one with the highest volume.

Wink dApp passes license validation

Earlier on Wednesday, the Wink account on Twitter posted an update, spreading the word that this decentralized application developed on the Tron chain has passed Gaming Curacao License Validation.

The developer is the company Windfall Win N.V., based on the Curacao island in the Caribbean.

This location is believed to be one of the most beneficial for gaming operators, as per the Medium post about Wink.

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Justin Sun is under yet another wave of critics

As of late, Justin Sun’s ‘stories of success’ that he posts in Twitter about Tron have been met with disappointment and a lot of criticism from the crypto community. The possible reason for that is Justin Sun failing to conduct the long-expected lunch with Warren Buffett.

That was an overhyped event that cost Justin Sun over four million USD but never took place due to his troubles with the Chinese authorities. However, Justin Sun simply said that he suddenly was diagnosed with stones in his kidneys.

This time, the community also began to rebuke Sun of letting the TRX price drop substantially.

If previously Tron was part of the top-ten list on CoinMarketCap, now it has been pushed out to stay on position #12.

Image by CoinMarketCap
Image by CoinMarketCap

As for the dApp volume data, Sun’s followers are also accusing him of lying to his followers and the whole crypto community.

Image by Twitter
Image by Twitter
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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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Bitcoin Price Likely to Decline to $7,800: Crypto Analyst

  • Yuri Molchan
    📰 News

    Bitcoin is to find support at $7,800 or recover to $8,300, an analyst writes, but either way ‘continuation of the ranging on either of the levels is going to occur’

Bitcoin Price Likely to Decline to $7,800: Crypto Analyst
Cover image via www.123rf.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Over the last few days, Bitcoin has been trading below the $8,500 area. At the moment, it has recovered to $8,258 after the recent slip below the $8,100 level.

Analysts have been bullish on BTC in the long run, however, the nearest BTC price movements are expected to be bearish.

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The crypto analyst @CryptoMichNL believes that there are two paths ahead of Bitcoin at the moment. If it fails to recover to $8,300, he says on his Twitter page, then the market should be ready for the flagship coin to drop and find support at the $7,800 or $7,300 levels.

Whichever way it goes, ‘continuation of the ranging on either of the levels is going to occur’.

The analyst tweeted this forecast twice with an hour pause.

Only the most important posts per day. Infographics, analytics, reviews & summaries. Follow us on Facebook!

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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