Tron gains 12% as Justin Sun promotes a controversial dapp
Yesterday Tron made a second year high in social volume due to Just.Game announcement:
What is Just.Game?
Basically playing this is buying "boxes", promoting it and earning loyalty rewards. Sounds like a classic ponzi scam?
Justin even spent a couple of hours streaming his own "gameplay" and explaining it.
Funny thing he was unable to purchase a box for quite some time and this is why the word "glitch" appeared in emerging trends:
Dapp.com is currently ranking this glitch... oh, excuse me, this game as highest in daily volume. In sense of spent value (category "high risk"):
Noticed a second line?
Yeah, it's HEX. We've covered it recently - https://insights.santiment.net/read/hex%3A-a-new-bitconnect%3F-3463
TRX price reaction?
Around 12% gains that day, now almost completely corrected to initial levels.
Sanbase Graphs is a nice tool to dive in socials.
What can I see there is that only two channels expressed some sentiment yesterday.
First is negative sentiment on Discord:
Second is positive sentiment on Bitcointalk:
Other channels like don't care.
Neutral bias on average.
It explains a humble price action.