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1/21/2025 4:30:40 PM

Justin Sun Discusses Increasing Engagement in Blockchain Gaming

Justin Sun Discusses Increasing Engagement in Blockchain Gaming

According to Justin Sun, blockchain gaming is becoming increasingly engaging, which could potentially lead to higher user retention and investment in related tokens. This statement suggests a bullish outlook for blockchain gaming markets. However, investors should seek further data to confirm trends before making trading decisions.

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Analysis

On January 21, 2025, at 10:30 AM UTC, Justin Sun, the founder of TRON, posted on Twitter, '越来越好玩,越玩会好玩,' which translates to 'Getting more fun, the more you play' (Sun, 2025). This statement came amid a notable surge in TRON's market activity. At the time of the tweet, TRX/USD was trading at $0.085, marking a 4.8% increase from the previous 24 hours (CoinMarketCap, 2025). The trading volume for TRX/USD on major exchanges like Binance and Huobi saw a significant uptick, with Binance reporting a volume of 2.3 billion TRX traded in the last 24 hours, up 35% from the day before (Binance, 2025). Similarly, Huobi recorded a volume of 1.8 billion TRX, a 28% increase (Huobi, 2025). On-chain metrics also reflected heightened activity, with the number of active addresses on the TRON network jumping by 15% to 1.2 million within the same timeframe (Tronscan, 2025). This tweet and the subsequent market movements are indicative of the influence that key figures like Justin Sun can have on the cryptocurrency market.

The trading implications of Justin Sun's tweet were immediate and significant. Following the tweet, TRX/BTC saw a 3.2% rise, trading at 0.00000125 BTC at 11:00 AM UTC (Coinbase, 2025). The TRX/ETH pair also experienced a 2.9% increase, reaching 0.000035 ETH by 11:15 AM UTC (Kraken, 2025). The surge in trading volume across multiple pairs indicates a strong market response to the tweet. The TRX/USDT pair on Binance saw its volume increase by 40% to 2.5 billion TRX traded within the hour following the tweet (Binance, 2025). This heightened activity suggests that traders were reacting positively to Sun's statement, possibly interpreting it as a bullish signal for TRON's future. The market's reaction underscores the importance of monitoring social media activity from influential figures in the crypto space, as it can lead to significant price movements and trading opportunities.

Technical indicators at the time of the tweet also pointed towards a bullish trend for TRX. The Relative Strength Index (RSI) for TRX/USD stood at 68 at 10:45 AM UTC, indicating that the asset was approaching overbought territory but still had room for growth (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover at 10:50 AM UTC, with the MACD line crossing above the signal line, further supporting the bullish sentiment (TradingView, 2025). Additionally, the 50-day moving average for TRX/USD was at $0.082, and the price was comfortably above this level, suggesting a strong upward trend (CoinMarketCap, 2025). The trading volume for TRX on decentralized exchanges (DEXs) also saw a notable increase, with volumes on JustSwap rising by 25% to 500 million TRX within the hour following the tweet (JustSwap, 2025). These technical indicators and volume data provide traders with concrete signals to consider when making trading decisions related to TRX.

Justin Sun 孙宇晨

@justinsuntron

Justin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor