Will Justin Sun dump 33 billion TRX on New Year's Day?

[Yaunfitda]

I'm not a TRX holder, but it doesn't make sense for Justin Sun to dump 33 billion worth of TRX. And I think he already confirmed it here:

The CEO of the TRON Foundation, Justin Sun, has revealed via a livestream that the organization will not sell the 33 billion TRX tokens, worth over $400 million, on the market and plans to keep them.

https://www.cryptoglobe.com/latest/2020/01/tron-foundation-won-t-sell-its-33-billion-trx-justin-sun-says/

See, it will just create chaos for them, so it won't be good in the long run. Perhaps this is just to create FUD around TRX and it's good that Justin step up and confirmed that there will be no selling.

This thread should be lock by the OP.

[Aabcde]

The fact that there is now no dump done by Sun means that this prediction or question is not proven. Regardless of whether Sun will dump or not, the fact is that tron ​​is shitcoin. Gradually it will lead to nothingness.
I already sold tron ​​when there was still a profit opportunity. Good luck who is still locked by Sun lol

[hello_good_sir]

The fact that there is now no dump done by Sun means that this prediction or question is not proven. Regardless of whether Sun will dump or not, the fact is that tron ​​is shitcoin. Gradually it will lead to nothingness.
I already sold tron ​​when there was still a profit opportunity. Good luck who is still locked by Sun lol

I don't think that TRON is necessarily a worthless token.

There are already a lot of projects that have established themselves on the platfrom that TRON has provided and there is no denying of that. That alone offers a lot of utility for the TRON token, which means that TRON has at least some intrinsic value as opposed to the vapourware on offer that have none.

But I'm not the biggest believer either, especially with how centralized the supply seems to be as well as the influence.

[DabsPoorVersion]

I'm not a TRX holder, but it doesn't make sense for Justin Sun to dump 33 billion worth of TRX. And I think he already confirmed it here:

The CEO of the TRON Foundation, Justin Sun, has revealed via a livestream that the organization will not sell the 33 billion TRX tokens, worth over $400 million, on the market and plans to keep them.

https://www.cryptoglobe.com/latest/2020/01/tron-foundation-won-t-sell-its-33-billion-trx-justin-sun-says/

See, it will just create chaos for them, so it won't be good in the long run. Perhaps this is just to create FUD around TRX and it's good that Justin step up and confirmed that there will be no selling.

This thread should be lock by the OP.

Things have already been cleared about this issue.
It is clearly just to spread FUD and tried to drop its price.
But luckily it does not have a huge impact and there is a few holders who panic sell their investment.

Everything is clear now, so OP this thread can be lock now.

[nicster551]

This news was too much exposed and I dont think Justin Sun will dump his unlocked coin on the market straight away. He is a smart guy who loves to hype simple things. I think the news about this unlocking is already prepared, he knows to people get FUD and sell their holdings but Justin anticipated this event and I think he bought a lot of trx on the market and he will sell it when he starts to hype some things again.

[target]

I'm not a TRX holder, but it doesn't make sense for Justin Sun to dump 33 billion worth of TRX. And I think he already confirmed it here:

The CEO of the TRON Foundation, Justin Sun, has revealed via a livestream that the organization will not sell the 33 billion TRX tokens, worth over $400 million, on the market and plans to keep them.

https://www.cryptoglobe.com/latest/2020/01/tron-foundation-won-t-sell-its-33-billion-trx-justin-sun-says/

See, it will just create chaos for them, so it won't be good in the long run. Perhaps this is just to create FUD around TRX and it's good that Justin step up and confirmed that there will be no selling.

This thread should be lock by the OP.

Justin conveniently wait til the price drop before announcing they will not sell.
Someone should ask how long will they keep the TRX worth $400M because certainly this issue will not even end until its been locked again. There wouldn't be a purpose of unlocking it  if its just going to lie around there like waiting to be activated and dumped.