TRON Climbs Into Top 10, Bitcoin Moves Closer To $17K - Jan 5th Crypto News

TRON’S cryptocurrency TRONIX climbed into the top 10 yesterday and a tweet from its founder Justin Sun seemed to give it an extra boost. He posted on twitter that the company "will announce a partnership with a very prestigious public company next week.” We then saw it jump all the way to 6th place, but we then saw it slip into 7th place with a market cap of over $14 billion. It is in 4th place in terms of trading volume over the past 24 hours. TRONIX is traded heavily on Binance.

Sun seems to be very proactive and ambitious. He was included on Forbes 30 Under 30 in Asia.

He was the Only Millennial Student of the Jack Ma Hupan University and he apparently has closes ties to Alibaba’s Jack Ma. Forbes also published an article in August titled “Could This Millennial 'Crypto' Tech Visionary Be The Next Jack Ma?”. TRON is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. Peiwo App with over 10 million users will become the first TRON-compatible entertainment APP. Tron has recently partnered up with oBike, an Asian bike sharing company, and Game.com, a leading online gaming platform. This collaboration plans to launch a similar game to CryptoKitties, let’s not forget that this game's popularity in December actually caused the Ethereum network to slow down. And speaking of ethereum, it hit a record high as ether finally managed to break past $1,000. Bitcoin is in the green today and it gained more than 10% over the past 24 hours. It finally managed to break past $16,000 and it is moving closer to $17,000.

So how high do you think it can go this weekend? thanks for watching have a nice weekend.