All ICOICO statsRatingReviewsBlogNews Wallets Mining Exchanges Chart Events
Join

Baidu may be Tron’s big partnership annoucement - Tron (TRX) News. Sunday, October 14th

14 october 2018, 13:37 by Jesús S. Affigne

Looks like Baidu is Tron’s ‘tens of billion’ partner

According to a crypto news site

Yesterday, the CEO and Founder of Tron Justin Sun, posted in his Twitter handle about a partnership with an unknown industry giant worth ‘tens of billions’, and invited the community to guess its name. 

Justin Sun hints partnership with a “tens of billion” unknown company - Tron News. Friday, October 12th

As expected, many people began to speculate about the identity of this particular partner, with random guesses such as Toys’R’us, Coinbase, xHamster, to more elaborated like Alibaba (due to Sun being a graduated from the university owned by the founder of that company, Jack Ma), Ripple (as stated by crypto payment platform TokenPay), and Clover POS (in reference to TRX-based Poppy to be adapted to this platform).

Of course, there were several people betting on China’s biggest search engine Baidu. However, according to a crypto news website, this could be the industry giant Sun was talking about, for sure.

Via Twitter, CoinNess.com has recently made public that an insider from the Tron Foundation told them that the company in question was none other than “the Google of China”. “Exclusive: #Tron to Cooperate with China's IT Giant #Baidu. The Tron team told CoinNess  that a partnership had been confirmed between Tron and China's IT giant Baidu,” reads the tweet, adding that next week, Baidu Cloud will confirm this news.

At the time of writing, neither Sun nor any other member of the Tron Foundation has confirmed or debunked this claim.

Community and market reaction

Following the hint, several users have expressed their excitement over the idea of a partnership between the ‘decentralized internet’ protocol and China’s biggest search engine, while others remain skeptical over the fact of this site leaking the information before any representative of Tron. Then again, some users think that if it was false, Justin or any other high profile individual at Tron would have already take down such claim.

On the other hand, the market has reacted positively to the news. Shortly after the leak, the TRX began to rise from $0.022 to $0.0235 in its TRX/USD exchange rate, still quoting at that price at the moment.

Tron Partner Speculations Induce TRX Pump As The Market Attempts To Recover - Tron Price. Sunday, October 14th

Follow TokenTops on Twitter to stay notified about new articles, cryptocurrency news, ICO announcements and price predictions and analysis.

Legal Disclaimer: Please remember that trading, buying or any other type of investing in cryptocurrencies should be consider risky and may lead to the loss of all of the invested money. For further information visit Terms and Conditions section on TokenTops. We do not encourage our readers to any kind of financial decisions. Neither tokentops.com nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from tokentops.com. We believe that everyone should make their own and in depth research on the particular topic in various sources before making any financial decision and this person should be the only one responsible for the outcome. Our writers do their best to remain unbiased and don't actively support any project. The research is done with various sources, the predictions are based on own believes, analytical skills, experts and community discussions and is intended to convey general information only.

You may also like

Comments

Write comment 0 comments

You need to login to create comments.

Get the week’s best ICO right in your inbox