Tron Outrageous Prediction: Justin Sun Predicts TRX Price Could Hit $409k
Tron was in the news not too long ago when Justin Sun addressed the plans for private transactions.
Tron CEO updated the community on the upcoming developments on the Tron network.
In a new tweet, Sun announced that there’s a Tron-based privacy coin is a step closer to reality. Back in January, 2019, Tron CEO revealed plans to have private transactions.
— Justin Sun (@justinsuntron) January 6, 2020
TRX could hit $409k
In a new tweet, Justin Sun predicted that TRX could hit $409k.
Smartereum debates the reason behind such a bold prediction about the price for TRX.
They noted that a few days ago, on January 8, the US stock market surged to new heights after Donald Trump resolved a military war with Iran.
On Thursday, the President made the digital currency community on Twitter excited with a tweet that was deleted long ago.
In his tweet, it’s been reported that he asked the crypto community how their 409k’s were doing as the stock market surged higher.
Smartereum explains that however, the tax-advantaged retirement savings plan that the President was referring to is known as 401(k).
His tweet stated the following:
“STOCK MARKET AT ALL-TIME HIGH! HOW ARE YOUR 409K’S DOING? 70%, 80%, 90% up? Only 50% up! What are you doing wrong?”
The Twitter community blew up with Kris Marszalek – the CEO of Crypto.com – joking that 409k is the new target of Bitcoin (BTC).
Just Sun’s tweet feedback
Smartereum claims that this is how Sun eventually came up with the enormous Tron price prediction.
The feedback that Sun received following this tweet was not exactly the best one.
Somoene commented: “Or it could be in sats, which is about .004 BTC, which is about $32 at these prices. 1 TRX for $32? Yea – I’ll take that any day!”
Another follower said: “He meant to say 409K Zimbabwe dollars, which amount to .000016 and I agree with him since TRX will get there after he dumps his next load.”
There were also Twitter users who showed support for the project, like the Twitter user below:
“We believe in you and in your great project chief: one day all people that laugh and are bad now will cry because Trx will be one of the best cryptocurrency in the world. Go #Trx.”
Kris is Co-founder and CEO of Crypto.com. Founded in 2016 on a simple belief: it’s a basic human right for everyone to control their money, data and identity. Crypto.com provides a powerful alternative to traditional financial services with over 1 million users on the platform.
Founder of TRON (TRX)
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.