Justin Sun is Confident that Bit Torrent and TRON Dapps Will Bring the Next Bull Run to the Crypto Market
The cryptocurrency market is dipping heavily, starting from mid-November and continuing towards December, also experiencing price cuts despite the general prediction that December might be the month reserved for the mass redemption in the crypto market.
However, the reality dictates new price cuts as well as new lows from day to day, as the cryptocurrency market is losing over -80% of its value since the first signs of major bear trends appeared around 9 months back after the entire market surged scoring new record price at the beginning of 2018 and the end of 2019.
On the matter of previous success that the cryptocurrency made back at the end of 2017 and January 2018, Justin Sun, the founder and CEO of TRON foundation and TRX currency, claims that Bitcoin and Ethereum were on the head of a bull run wave led by hype.
For the next bull run, as Justin Sun previously stated, price pumps won’t be hype-driven, adding that TRX will be on the head of the upcoming surge in the cryptocurrency market.
Furthermore, Sun added that BitTorrent and Dapps on TRON network would be the factors to trigger the very next crypto surge.
Changpeng Zhao Claims Bitcoin Will Find a Rebound Trigger, Sun Claims TRON to Lead the Next Crypto Bull Run
Weeks ago when the crisis in the crypto market became more than obvious with excessive November cuts, Changpeng Zhao, the CEO of one of the leading exchange markets, Binance, stated that he is certain that Bitcoin will find a trigger that should condition a rebound for the top cryptocurrency.
When asked what the trigger could be Changpeng Zhao, also known as CZ in the cryptoverse and on Twitter, stated that he is not sure what the trigger could be, or when the trigger will take place, however, he still confirmed with confidence that Bitcoin will get to see another bull run, leading the cryptocurrency market to the next wave of bulls.
Talking about confidence, Justin Sun stated that the next bull run is more likely to happen with BitTorrent and Dapps on Ethereum, criticizing the previous surge as “hype-driven,” stressing out that Project Atlas and development of Dapps through TVM would be the main triggers of the next cryptocurrency surge.
The followers of Justin Sun on Twitter, as well as TRX holders and supporters known as Tronics, supported Sun’s statement, claiming that “there is nothing that Justin Sun can’t do,” while adding that the next year (2019) will be the year to remember, referring to the alleged bull run led by TRON.
However, opinions are divided on this matter.
One of the numerous cryptocurrency enthusiasts joined the comment thread on Twitter, stating that the ending cycle of Bitcoin “will change everything.” In accordance with the crypto believer who defied Sun’s statement, cryptocurrencies like TRX actually react to the movement of Bitcoin in the market, “while Tron has nothing do this.”
With the brawling social networks on the subject on which crypto will get to lead another bull run, Vitalik Buterin, the founder and CEO of Ethereum, claims that the cryptocurrency market will never get to see another 1000x surge in the price of digital assets available in the market.[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]