In his most recent tweet, Tron and Huobi Global Founder, H.E Justin Sun announced that his team are proposing the use of the symbol ₮ as the official currency symbol of $TRX.
H.E Justin Sun in his series of tweets has given a handful of reasons on his proposal. The main reason highlighted is the distinctiveness and ease of identity. Here are all the reasons given by the TRON founder for the latest proposal to change the symbol of TRON from TRX to ₮:
Last week, H.E Justin Sun had to come out clean after various kind of allegations in the media along with internal friction among his colleagues. Huobi Global had announced a series of lay-offs over the past few months. That along with major withdrawals from the exchange and a sudden drop in the price of Huobi token had created uncertainty among the exchange’s users. Although H.E Justin Sun came out with tweets re-assuring the users about the security standards of Huobi, highlighting its glorious past.
You can read the full details about about these incidents here – Huobi faces uncertainty amid rumours of layoffs and communication blackout
Although since then, markets experienced a mini pump and negative sentiments have been subdued, at least for the time being. Let us hope these are silver linings and things will become better from here on
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