Tron Price Spikes After Blockchain Founder Acquires BitTorrent
Tron saw double-digit gains Tuesday after announcing it acquired BitTorrent for $140 million.
After announcing his candidacy just one day ago, Tron founder Justin Sun has already been elected to run a node in the network.
Tron is in the process of electing "super representatives," but who's behind the wheel until the votes are in?
If, as the saying goes, any publicity is good publicity, then Tuesday was a great day for Tron CEO Justin Sun.
Tron says its technology officially went live today, but the migration of its users funds from ethereum to its mainnet has yet to be fully completed.
BitTorrent said it has "no plans to enable mining of cryptocurrency now or in the future" in a statement on Tuesday.