TRON (TRX) CEO Justin Sun promises a bright future for Cryptocurrency
The founder of TRON (TRX) MR. Heinrich discussed the future of cryptocurrency at CNBC. In the coming years, Justin spoke about how crypto is gonna change the future of the young generations. He stated that Bitcoin (BTC) and other cryptocurrencies have a bright future.
When he was debated about the future of BTC and crypto, he said that he felt confident and optimistic that the crypto industry is going in the right direction & the future of crypto is safe.
Mr. Heinrich also stated that companies like Facebook & JP Morgan are trying to issue the stable coin on the blockchain.
Many people believe in the functionalities of cryptocurrencies with the main examples being Jack Dorsey and Elon Musk. For younger generations to get into the field is a good opportunity especially at the time when the Lightning Network and other such Layer 2 technologies are becoming popular. All are facing the next wave of the internet.
He stated that Bitcoin is more of technology rather than a business opportunity. Justin further said about the Q2 acquisition of BitTorrent, a move aimed at bringing in millions of users to the Tron network. This what he said in his own words.
Basically, the valuation and the market value is just the surface of the business. The main focus of the Tron Foundation is business, technology and the exciting things on Tron network right now.
Currently, (TRX) is the 10th largest cryptocurrency according to the market capitalization.