TRX Update

in #schoolofminnows6 years ago

Hello Everyone,

$BTC closed tightly within range, again, today.

$TRX has undoubtedly had a good week and is up 8% over the course of the past 24 hours. It’s up an 43% on the week and has been attracting a lot of attention!

This bull run is being attributed to the $TRX team led by Justin Sun, which continues to exhibit shrewd marketing tactics and, thus, its prodigious growth this week.

The team is currently driving large amounts of conversation towards the project.

This is of no surprise for their NiTron summit is set to kick off in San Francisco on January 17th .

The event id being held over two days, and given the history of their marketting campaigns we should be hearing even more publicity surrounding announcements that will be made at the event.

According to a press release from the Tron Foundation, the world-renowned blockchain startup has hired a supervisory attorney formerly of the U.S. Securities and Exchange Commission to become a part of their guidance counsel. This is a tactful PR move and, ultimately, wise business decision when considering the amount of uncertainty in the space regarding regulations. David Labhart, a “seasoned regulatory industry executive,” will now act as Tron’s head of compliance, aiding the upstart in interacting with global regulators, specifically from a crypto and blockchain context.

At this point in time, like the Ripple Swell conference it would be go to go about scouring to build short positions leading up to the Tron summit as these conferences have historically been buy the rumor, sell the news events.

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