Tron [TRX]’s Justin Sun offers to rescue EOS and Ethereum [ETH] but on one condition

Fibo Quantum

Tron [TRX], the tenth largest coin on CoinMarketCap, has been playing it safe and has been gradually moving upwards in the market. Even with the latest changes in the standings of the coins, TRX has proven to hold its tenth position. However, other major coins such as EOS and Ethereum [ETH] have been facing the wrath of the bear and being pulled down to the soil.

After seeing this, TRON founder, Justin Sun offered help to the coin developers but on one condition. Sun tweeted:

Source: Twitter

To this, a Twitter user named JohnColbyEvans1 commented:

“Damn @justinsuntron making people sell their soul. Too the dark side of the moon we go! as long as it gets us there I guess.”

While there were few who appreciated this tactical move by Sun. Boffixpics, a Twitter user commented on Sun’s post saying:

#TRON is already a really serious competitor. Everybody wants everything fast these days, if not immediately. How can #ETH keep up? If you are developing something that requires fast transactions, the #tron network is recommended.”

Sun had previously suggested Ethereum developers to migrate to Tron, explaining the benefits. Sun had said:

“In bear market, #Ethereum developers should migrate your token to #TRON immediately. 1. 0 transaction fee, no gas in #TRX. 2. Compatible to #ETH, 0 migration cost. 3. 2000 TPS. 4. #TRON dex listing. You can easily increase your token value 100% with High liquidity. $TRX”

Tron recently added a new feather to its hat in terms of daily transactions and account on its network. It recorded transactions over 2 million and 700k registered accounts. This resulted in Sun claiming that Tron is making blockchain history. The founder also revealed that there will be some more exciting announcements during the niTron Summit 2019.

Tron is an ever so growing foundation who is also investing in the gaming industry. The foundation is investing in various gaming projects over the coming few years with a reserve of $100 million. Sun’s aim is to encourage the gaming developers to build on top of Tron and making it an essential blockchain in the gaming industry. The foundation will also be seen involved in charity, enterprise, and social media.

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Namrata Shukla

Namrata is a full-time journalist and is interested in covering everything under the sun, with a special focus on the crypto market.