Justin Sun, also known as the “hypeking”, has hinted on Twitter that he was going to make a BIG announcement on the 3rd of June. But, again, the BIG announcement became a very BIG disappointment.
Just Sun, Founder of TRON, yet again played a classic game of making an announcement of an announcement, just to create a new TRON hype and increase the price of TRX. The cryptocurrency saw a massive 20% increase in price after Sun hinted that an imminent big reveal was going to take place.
— Justin Sun (@justinsuntron) June 1, 2019
In a tweet the day before, Sun already stated that something “huge and amazing,” was in store for TRON and BitTorrent, and that his stake in the same was “70%.” Now, 3 days later, this ‘amazing’ announcement turned out to be a big letdown.
I officially announce I’ve won the record-setting 20th-anniversary charity lunch hosted by @WarrenBuffett. I’ll also invite #blockchain industry leaders to meet with a titan of investment. I hope this benefits everyone. #TRON #TRX #BTT #BitTorrent pic.twitter.com/EMZ4TMhgpR
— Justin Sun (@justinsuntron) June 3, 2019
The ‘big’ announcement turns out to be a charity lunch with Warren Buffett. Even worse, Justin Sun paid almost 4.5 million dollars to get invited. A lot of TRON supporters are showing on Twitter how they feel about the announcement:
Please tell me this isn’t the news…
— Crypto ₿rady (@BPugliese96) June 3, 2019
— ⛏Crypto Christopher Walken⛏ (@cryptochrisw) June 3, 2019
Is THIS the big announcement?!?!?!? LUNCH?!?!?!??!?
— waikoah (@cryptowaikoah) June 3, 2019
Justin Sun has adopted many funny names within the crypto space, most of the names containing the word “hype”. Justin Sun is well known for sending an enormous amount of tweets on a daily basis, mostly hinting towards potential partnerships. This is also one of the reasons why outside of the TRON community, a lot of crypto investors don’t take TRON seriously.