Majority of the top 100 cryptocurrencies are in the red this Sunday. The only prominent digital asset that has not experienced any losses is Binance Coin (BNB) which seems to be riding a wave of excitement around a bunch of announcements made by Changpeng Zhao in a livestream a few days ago.
In the case of Tron (TRX) and BitTorrent (BTT), the two digital assets have continued to fumble in the markets with each exhibiting significant losses in the last 24 hours. TRX is currently valued at $0.0255 and down 6.13%. BTT is currently valued at $0.000742 and down 9.24% in value.
Airdrop and Justin’s Valentines Surprise
A few days ago, Ethereum World News had postulated that Bitcoin (BTC) might rain on Tron and BitTorrent’s parade ahead of the airdrop event that has been scheduled for tomorrow, February 11th. However, Bitcoin pulled off a minor miracle on Friday by gaining a few hundred points to its current level of $3,647. Therefore, the King of Crypto cannot be blamed for the misfortune facing TRX and BTT despite two major events.
Firstly, the first BTT airdrop has been scheduled for block 6,600,000. The snapshot has been estimated to take place tomorrow, February 11th. This event had been hailed by investors and fans of both digital assets as the day to watch both cryptos do incredible gains in the crypto markets. This has not turned out to be true a few hours ahead of the airdrop. Perhaps with a new week, TRX and BTT will recover in value to the delight of investors.
Also to note is the Valentines Day surprise by Justin Sun. He made the announcement via twitter on the 5th of February as follows.
Hints to Honor Hal Finney
Justin has since given a few hints of the secret campaign by tweeting that the Valentines Day surprise will be in honor of Hal Finney. His tweet can be found below.
Mr. Finney was a software developer who received the first Bitcoin transaction from Satashi Nakamoto. In 2009, Finney announced that he had been diagnosed with Amyotrophic Lateral Sclerosis (ALS) also known as Lou Gehrig’s disease. He lost the battle with the disease in 2014.
Justin has since retweeted a tweet from Finney about ALS that dates back to 2009.
Connecting the dots, it is highly likely that the Valentines Campaign will be geared towards ALS awareness, treatment and finding a cure.
What are your thoughts about the fall in value of both TRX and BTT ahead of the airdrop? Do you think the assets will recover in the coming weeks? What are your expectations of the the Valentines Day surprise? Please let us know in the comment section below.
[Feature image courtesy of Cowboyswire.USAToday.com]
Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.