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TRX Drops As Justin Sun Leaves Tron to Become an Ambassador
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Tron (TRX) founder Justin Sun said he was appointed as the Ambassador, Permanent Representative of Grenada to the World Trade Organization, and now he's stepping away from the day-to-day operations at the Tron Foundation.
At 11:31 UTC, TRX, ranked 23rd by market capitalization, traded at USD 0.0834 and was down 1.4% in an hour. The price dropped 5% in a day. TRX is up 168% in a year.
"A truly inclusive #financialinfrastructure that belongs to all mankind should be #unlimited, #decentralized, and #thresholdless. The next milestone for the industry is to establish a more harmonized relationship with international regulatory jurisdictions," Sun tweeted today.
According to him, "sovereign states are the most fundamental building blocks of the
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