Justin Sun admits on video in an interview with Peter McCormack, that Tron is a Sh*tcoin but he did say that, ‘’It’s my Sh*itcoin’’ so let’s see the possible implications of his statement in the latest Tron news today.
The TRON founder Justin Sun admits that his cryptocurrency is a sh*tcoin and many wonder whether this is a new type of marketing for the founder. In the interview with Peter McCormack, the founder of Tron (TRX) repeatedly called the cryptocurrency sh*tcoin and still urged the users to buy it. He named himself as the ‘’Ethereum killer’’ and now he is trying to get more publicity by disparaging his own project in his strange sense of marketing strategies.
Peter McCormack asked the TRON founder whether ‘’is Tron a valid coin or a sh*tcoin’’ and he answered instantly that it is a ‘’sh*tcoin’’ seemingly happy to imply that the entire idea of a cryptocurrency being superior to Ethereum is a joke. The strange exchange was posted by Peter McCormack himself on his Twitter profile and Sun was still in joking mood shared his post and wrote ‘’LOL.’’ Sun is known to be a strong hypeman for his crypto project and some wonder whether this could have serious implications for the project and his style of marketing the cryptocurrency.
Sun was known to be making ‘’announcements of announcements’’ for TRON and using every opportunity to brag about the project and its possibilities. Sun even tried to make use of the news regarding the coronavirus outbreak by relating it to his crypto project. He also shamelessly used Kobe Bryant’s death to promote Tron as well. However, his ‘’Lol’’ reply, was good enough for people to understand that they were all joking and the entire interview was done in good fun apparently.
For others, Sun calling TRON a ‘’sh*tcoin’’ is something that is can be characterized as his type of marketing even if it was a joke. Perhaps, he feels that he can make such comments without any consequences given the market rising again. Tron is, however, decreasing against Bitcoin but it is still up significantly since the start of the year. At the start of this year, the asset trading at $0.013 and now is trading at $0.021927, remaining the 13th largest cryptocurrency by market cap.
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