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Justin Sun’s Tron and Bittorrent Merge With Huobi’s Heco Chain

Published 10/15/2022, 05:03 AM
Updated 10/15/2022, 05:30 AM
Justin Sun’s Tron and Bittorrent Merge With Huobi’s Heco Chain

  • The Huobi Eco Chain will include TRON and BitTorrent Chain ecosystems.
  • Both will invest enough money to entice all Heco developers to collaborate on joint projects.
  • Justin Sun, the founder of TRON, joined the advisory board of Huobi.

Justin Sun made another announcement regarding the Huobi revamp after disclosing his investment in Huobi Tokens.

The TRON founder tweeted on October 14 that Huobi’s Heco Chain will join with his company’s flagship blockchain and the BitTorrent Chain ecosystem. He added that they would also invest enough money to encourage all Heco developers to collaborate on TRON and BitTorrent Chain projects.

After Sun was chosen to serve as a board advisor to Huobi, it merged with TRON.

Earlier today, Sun also disclosed that he has a sizeable amount of Huobi Tokens and plans to continue to assemble them. Notably, he is said to have bought the network and exchanged it for cryptocurrencies. However, he has continued to refute this assertion.

Today, he said, “TRON and BitTorrent will eventually unite the Heco ecology with the TRON ecology and the BTTC cross-chain ecology.” Furthermore, he added, “the ecosystem will pool funds to bring all Heco developers together to build on the TRON and BitTorrent chains.”

We will merge TRON and BitTorrent Chain ecosystem with Heco. We will deploy sufficient capital to encourage all Heco developers to build together on TRON and BitTorrent Chain. Let’s build!

The new advisory group for Huobi Global recently welcomed Justin Sun. Sun then disclosed strategies for reviving the cryptocurrency exchange in areas including brand building, empowerment, and commercial cooperation.

The revival strategy was brought on by a recent shift in Huobi’s leadership. The exchange’s creator, Leon Li, sold his whole controlling interest to Hong Kong’s About Capital Management. The Huobi Token price is $7.62 as of this writing, down 2.14% over the previous 24 hours, according to market monitoring site CoinMarketCap. The Tron (TRX) cost is currently $0.06343, up 2.49% over the last 24 hours.

The post Justin Sun’s Tron and Bittorrent Merge With Huobi’s Heco Chain appeared first on Coin Edition.

See original on CoinEdition

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