Tron Makes Big Moves Behind the Curtain – TRX Token Swap Countdown

Tron [TRX] – Yesterday. Variety reported that Tron’s founder has purchased the software company BitTorrent Inc. Surprisingly, it has yet to be announced by any of the parties involved.

We will announce our partnership with a very prestigious public listed company next week. Looking forward to it!

— Justin Sun (@justinsuntron) January 4, 2018

Can’t forget this one.

We have a major partnership announcement this week. And it is also the first time we partner with an public listed company. #TRON #TRX $TRX

— Justin Sun (@justinsuntron) January 10, 2018

As you can see from the Tweets above, Sun has been quick to jump on the pump tactics of Tron’s moves in the past, but why stop now? It might be due to legal issues, or the founder has decided to take a different approach to big announcements.

According to Variety, the staffers of all parties have been advised to not talk to the press at this time and were informed about the deal last week. Back in January, Sun signed a letter of intent to acquire the company. What the founder plans to do with BitTorrent remains unknown, but it would be interesting to see if he tries to utilize the platform on the Tron blockchain.

BitTorrent’s website reads:

“Download large files with the easy-to-use BitTorrent client. Enjoy fast speeds, a simple interface, powerful options and more. Get started now with free, unlimited downloading.”

>> Tron Main Net Launch, Down -40%


Justin Sun has recently announced its reward winners for both the GitHub Developer Contribution Pool and the Bug Bounty for May.

#TRX $TRX #TRON Github Contribution Reward in May. We encourage and welcome developers to submit code for #TRON project on Github. It is also our hope for everyone to be actively engaged in the construction of Github community.

— Justin Sun (@justinsuntron) June 12, 2018

The results of Github Bug Bounty program in May for #TRON Testnet has just been released. A total of 15 members are rewarded. This reward announcement bears no relevance to the mainnet Bug Bounty Program. #TRX $TRX

— Justin Sun (@justinsuntron) June 12, 2018

15 members were rewarded with TRX in the bug bounty, and it is still open until June 24th.

Tron’s token migration is set for June 21st, make sure your tokens are on the exchange you used to trade for TRX by that date.

TRX Price Update

At press time, TRX is trading at $0.0484 a coin, up 2.99%, in 24 hours. For the week, TRX is down –18.92%, and for the month, the coin is down –28.08%.

Featured Image: Unsplash

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