Recently, TRON’s CEO and founder, Justin Sun, gave an “outrageous” prediction that, within four weeks, TRON (TRX), which was 12th on the list of largest cryptos, and BitTorrent (BTT), which was on the 50th spot at the time, will enter the top 10 and top 30 lists, respectively. It turns out that Sun was wrong. It only took these coins three weeks to climb up the list and make his predictions come true.
Of course, nobody knew that at the time, and many were quick to accuse Sun of hyping out his coins once again. However, with all the recent recovery that the crypto market had made, it is safe to say that the pair performed even better than Sun himself had expected.
Misha Lederman, a highly respected name in TRON ecosystem, recently pointed that out as well, claiming that the show is just beginning. Lederman also noted numerous achievements that TRON ecosystem had made in record time, including BitTorrent Speed, the Sun Network, BTFS, BT-Live, TRX dApp deploying, and more.
Remember hearing that prediction three weeks ago… Only difference is that Justin's prediction came true earlier than predicted#BitTorrent Speed, Sun Network, BTFS, BT-Live, #TRX DApps deploying… the show has just begun pic.twitter.com/9xmfxddnZN
— Misha Lederman (@mishalederman) May 28, 2019
TRX and BTT advance rapidly
As mentioned, three weeks ago, many had doubts that Sun’s prediction will come to pass anytime soon. BTT was sitting at the 50th spot on the list of largest cryptos by market cap, and it was difficult to accept that such a young coin will go through 20 or more ranks within only a few weeks.
TRON has received even more doubts, as there are still many who consider it a hype coin which is finally beginning to slip. However, as time had shown, this is not the case, and the pair is only receiving new use cases, new upgrades, and even more popularity and usage.
At the time of writing, the situation has changed slightly, and the crypto market is once again going through a slight correction. The prices are dropping by a few percents per coin, probably as a consequence of a major surge that came over the weekend, allowing Bitcoin to breach the resistance at $8,000, and almost get to the $9,000 mark.
Meanwhile, TRON has gone past its own resistance at $0.030, currently sitting at $0.032588, with a market cap of $2.17 billion. The coin is once again at the 11th spot on the list of largest cryptos, while BitTorrent currently sits at the 31st spot — also a mild slip from the 30th position which it briefly managed to reach in the last few days.
Even so, as soon as the next bull run starts, it is more than likely that the coins will continue their rapid advancement. When it comes to TRX, the coin is likely to enter the top 10 list once more, although whether it will advance past the 10th spot remains to be seen. As for BTT, the coin might remain near the 30th spot, or it could keep advancing even further.
Sun and TRON developers are certainly working hard to bring new things to the community, while new dApps are constantly emerging within the ecosystem. As always, gambling appears to be one of the most popular activities within the dApp sector, but it is undeniable that dApps are becoming more and more diverse as time goes on. TRON’s network is also still less than a year old at this point, even if only by a few days, which only serves to show how much the project managed to achieve within a single year.