Tron (TRX), the coin with the impressive CEO Justin Sun, protégé of Jack Ma and former Chief Representative of Ripple in China, seems to be experiencing a massive pump from it's most traded platform: Binance. Binance, a relatively new trading platform, is alone responsible for about 84% of all Trons traded, that is in BTC and ETH.
Binance announced on their website that in collaboration with Tron, they will be giving away prizes to the users who traded (buy or sell) the most Trons starting December 19 until December 25. These prizes include a Maserrati, a BMW, MacBookPros and a couple of iPhone X. Even though all the cryptocurrencies crashed today, the fact that people are trading enormous amounts everyday helped the coin to stabilize at 0.03$ when it was 0.014$ before the announcement was made. Here's the annoucement from their website:
It is worrying for Trons investors that there is a possibility that on the 26th when the competition will end, the demand will fall and so will the price of TRX.
What do you think?
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