Will Justin Sun dump 33 billion TRX on New Year's Day? - page 4.

cutesgirl

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Quote from: cheezcarls on December 29, 2019, 04:13:53 AM

TRON (TRX) will be unlocking 33B TRX on Jan 1, 2020. What these tokens will be used for has yet to be determined.

TRON will be starting 2020 with a massive token unlocking which will increase its current circulating supply of 66B by 50%. 33B TRX will be unlocked on the first day of 2020. The TRON Foundation locked the funds months after it migrated from Ethereum to its own mainnet.

Source link here

Even if they say that they have no plans on what to do with 33 billion TRX, I would honestly don't believe that in an instant.

Anything can happen within or after January 1, 2020. If they say that there's no purpose, they should have remained it locked until they have a valid reason to use them for future developments.

There could be chances that some of the TRX will be dumped to fund for their development, or will be moved to another TRX or so. I don't know, but we'll see what happens after January 1st.

To all TRX fans and holders out there, what is your reaction about the recent decision of TRON to unlock the 33 billion TRX? Hmmm....

I think better you give source link about Justin Sun will unlock about 33 billion TRX, how ever will give positive way to make TRX have higher price after burning their coin supply, but where source your discussion topic come from, you have put your source link and never make many people panic for buying TRX without get correct information.

Furious 7

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33 billion TRX is a large amount. I am afraid that the tokens will be wasted to get funds for the foundation for development project in 2020. I want to know until the first new year what happens with tron.
If you already know like this I am sure investors will be anxious to see news like this so, while January 1, 2020 is a few days away ,.

Anonylz

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One of the reason why am not a huge fan of trx is because of it's enormous supply, i always thought of this even though i hold some trx in my wallet, anytime they release new trx in circulation in the market it will often result to this type of panic, and how it will affect price, 33 billion is a huge amount which can definitely affect price a great deal, this is not a good news at all, i hope he will not do this.

pakhitheboss

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After the release of new TRX token the value of 1 TRX will go below the existing price. If he sells more TRX then this token will not have any value in the market. I do not think he will dump those new tokens.

xvids

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I don't think that he would really dump it because many investor could lose interest and leave the project.
If thatmassive amount would be dump the price would crash down big time it is already low so it could destroy it.

cheezcarls

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TRON (TRX) will be unlocking 33B TRX on Jan 1, 2020. What these tokens will be used for has yet to be determined.

TRON will be starting 2020 with a massive token unlocking which will increase its current circulating supply of 66B by 50%. 33B TRX will be unlocked on the first day of 2020. The TRON Foundation locked the funds months after it migrated from Ethereum to its own mainnet.

Source link here

Even if they say that they have no plans on what to do with 33 billion TRX, I would honestly don't believe that in an instant.

Anything can happen within or after January 1, 2020. If they say that there's no purpose, they should have remained it locked until they have a valid reason to use them for future developments.

There could be chances that some of the TRX will be dumped to fund for their development, or will be moved to another TRX or so. I don't know, but we'll see what happens after January 1st.

To all TRX fans and holders out there, what is your reaction about the recent decision of TRON to unlock the 33 billion TRX? Hmmm....

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