Tron’s TRX has been one of the leading coins during the recent recovery. Fueling its intensity is the upcoming lunch between its CEO and founder Justin Sun and American billionaire Warren Buffett. Buffet has always been a skeptic of cryptocurrencies and many believe this lunch will go a long way in changing his view. In addition to this happening this starting week, the CEO, Sun, has announced that the week will see ‘something Huge’ happening for Tron.
Last week was a disaster for cryptocurrencies. During the week, a majority of them lost billions and dropped below key support positions. Luckily, as the weekend approached, the bulls made a swift move and regained control of the market. Since then the market has been recovering. Although a lot of cryptocurrencies remain in the negative zone from the last seven days, the number keeps on dropping.
Suns Lunch With Buffett
The highly anticipated lunch that was estimated to cost the young CEO over $4.6 million will be held on 25 July. In among the 7 invites he can bring along, includes Circle CEO Jeremy Allaire and Litecoin creator Charlie Lee.
Sun has chosen Quince, a three-Michelin-star restaurant in San Francisco to host them. During the lunch, Sun hopes that he can positively engage Buffett, who has long been a critic of cryptocurrencies and make him see the benefits of cryptocurrencies and blockchain technology at large.
Something Huge Coming During The Week
Justin Sun has further revealed that beyond the lunch with Buffett, something huge is coming to Tron. In a tweet sent last week, the CEO stated:
NEWSFLASH: In addition to the #WarrenBuffett lunch, something HUGE will also be happening next week! Are you ready?
Since then, Tron has been performing well and a majority of time above most cryptocurrencies. Since making this announcement, Tron has climbed from around $0.024 to $0.030, achieved earlier today. The coin is looking to begin the week with increased momentum having climbed above $0.030 earlier in the day before meeting resistance.
Tron (TRX) Price Update
At the time of press, the asset is rallying by more than 5% and trading slightly below $0.030. If current momentum persists, this set resistance will be broken. The upcoming lunch is expected to further see prices rally while the ‘huge’ addition will help it cement prices higher up.