BitTorrent CEO and TRON cryptocurrency founder Justin Sun has teased a major announcement regarding TRON (TRX) entering into a partnership with a major corporation in the near future.
Sun recently revealed on their Twitter account that TRON will "partner with a hundred billion USD megacorporation next week." They continue, claiming that the partnership will benefit Sun's other ventures as well.
"It will not only benefit $TRX but all TRC10&20 tokens including $BTT & $WIN etc. It will broadly distribute #TRON Dapps and tokens to billions of customers. TBA. Make a guess?"
This announcement comes at the same time as a general increase in cryptocurrency prices, with a majority of different coins seeing as much as a 14% increase in value.
Currently, the strongest theory as to who the mega-corporation would be is known crypto skeptic Warren Buffett. This is largely due to Sun winning a charity auction last June, awarding him lunch with the billionaire CEO of Berkshire Hathaway. Their charity lunch was rescheduled in July after Sun had undergone some medical complications. Other speculation points toward Samsung, though little evidence is provided as to why.
Not everyone shares confidence in this alleged partnership, however. Various members of the community have expressed doubt in Sun's words, believing he is attempting to manipulate the market in his favor. In September, known crypto market commentator Josh Rager accused Sun of "buying 5,000 to 6,000 followers per day," calling Sun a meme and expressing sorrow for TRON investors. It's uncertain whether these claims are true or not. Either way, it only lends further evidence toward Sun's claims not being genuine.
Should Sun's claims of a partnership be proven false, he may be at risk of a lawsuit by the Securities and Exchange Commission for misleading investors. A similar situation occurred about a year ago when the CEO of electric auto company Tesla claimed to have found additional funding.
Whether TRON actually has a mega corporation partnership, and who it would be, will be revealed in due time.