Key Points:
Comments come with data showing that the blockchain space of Tron was worth more than Bitcoin in 2022. He points to the emergence of TRON as a network of stablecoins. This has the potential to impact the value of BTC positively. Among them, a notable trend is the widespread use of USDT TRON to trade BTC.
The Tron CEO said he is a long-term believer in cryptocurrencies and owns stakes in many altcoins, including the two most significant coins after BTC and ETH.
As a big believer in crypto, Sun is optimistic about the price of cryptocurrencies and is confident that cryptocurrencies like BTC are the future of money. In a previous interview, the Tron CEO predicted that BTC price will cross the $100,000 mark by 2025, emphasizing that other cryptocurrencies will follow the trend.
Justin Sun launched the Tron network in 2017, mainly dominated by gambling apps, before entering the alternative Layer 1 bull market in early 2021. The network’s TVL has ranged from 4 billion dollars to $6 billion by the end of 2021 and is currently second among network smart contracts with $5.5 billion, behind Ethereum with $24.434 billion.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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