Justin Sun announced on Twitter on January 12th the launch of a secret project that would bring billions of dollars in benefits to the BTT and TRX ecosystem. According to conservative projections, the project could attract more than 100 million new users.
Announcements of the announcement
Justin Sun teasers are nothing new. Tron founder has often been accused of making so-called announcement statements to attract the attention of the crypto community. In yesterday’s tweet, Justin Sun announced that he would begin work on a secret project that will lead to “multibillion” benefits for the BTT token and TRX ecosystem.
This time around, the numbers seem to have gotten out of hand, ignoring the irony of publicly announcing the start of a mysterious secret project. Justin’s conservative predictions were that this project would add at least 100 million new users to the ecosystem. It is complex to understand how many actual users the TRX and BTT ecosystem has, but when we look at the users of some services like DLive it is difficult to believe that the number of users is minimally equal to the number given.
DLive was launched around September 2018 and currently has around 5 million monthly active users with no fewer than 80,000 active channels. In addition, according to SimilarWeb, monthly visits to the website are around 3.5 million. It’s hard to imagine that starting a project could bring in 100 million new users when the current ones are of an infinitely smaller order of magnitude.
Followers become skeptics
In the past, these attempts had a very specific intention to increase the hype about Tron and thus its price. The founder of Tron succeeded in doing this several times, but the desired effects are diminishing. The price of TRX has not seen any upswing since the announcement, on the contrary, it has lost 0.43 percent in the last 24 hours.
After a string of bad announcements, including the famous dinner with Warren Buffet, Tron’s followers begin to open their eyes and no longer let themselves be fooled by its founder’s exaggerated tweets. Justin Sun’s marketing strategies have certainly made him famous, but at some point it is also necessary to deliver working solutions in order to maintain the trust of the followers.
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