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Bitcoin (BTC) closed a short distance, again at $ 4,027 USD today. Our thought process from this morning remains.
Giving a look to the king BTC for a moment, it is difficult to look in any other direction than Tron (TRX).
$ TRX has increased by 23% over the last 24 hours and rises by 43% on the week to rise to $ 0.032 USD!
The massive price increase is attributed to the $ TRX team, which continues to exhibit clever marketing tactics – probably the key variable in generating attention to the project and, therefore, its prodigious growth this week.
The team is currently conducting large numbers of conversations about the project.
This is not a surprise for their summit & # 39; NITRON & # 39; of Tron, where Kobe Bryant is one of the keynote speakers who will kick off in San Francisco on January 17th.
The event will last two days and if the Tron team is in line with previous marketing campaigns, we should hear even more publicity about the announcements that will be made during the event.
Even today it has been reported that Tron will become a former SEC lawyer to become part of their guidance counsel. This is a delicate PR move and, ultimately, a wise business decision in considering the amount of uncertainty in the regulatory space.
Our team respects the Tron project and understands the importance of aggressive marketing.
That said, we will play the Tron summit just like we did with the Ripple Swell Conference.
At this point, we will try to build short positions leading up to the top of Tron, since these lectures have historically bought the item, sold news events. Thanks to the Bitcoin Bravado team for the insights and the countdown on today's crypto market space, Tron.
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