Baidu Speculated as Tron’s New Secret Partner as TRX Thrives in the Markets

Baidu Speculated as Tron’s New Secret Partner as TRX Thrives in the Markets 1

The team at CoinNess.com have informed the crypto community that the secret partner of the Tron Foundation is Baidu. In the twitter announcement by the team at the online publication, they stated that they had received exclusive information that had revealed Baidu as the secret partner. The announcement also stated that the official announcement would be made in a week.

Exclusive: #Tron to Cooperate with China’s IT Giant #Baidu The Tron team told CoinNess.com that a partnership had been confirmed between Tron and China’s IT giant Baidu, which will be officially revealed by Baidu Cloud next week.

The full tweet can be found below.

Tron Community Reaction to The News

The Tron community did not take long to express their excitement about the news. One tweet by @RoDijk1 gave impressive stats on how big of an announcement this is:

The company controls 66% of China’s online search market, according to StatCounter. Its closest competitor, Alibaba’s Shenma, controls just 14% of the market.

Popular Tron Community member @WLFOFMYST expressed some doubt that it is indeed Baidu.

Well….the speculation is running wild; like all of the @HulkHogan fans used to do back in the day. It’s great, I love it! It will create a media frenzy once again. One thing…I would say Baidu is not it. That partnership was already announced long ago.

He would later give his final thoughts on the whole partnership speculation in the following tweet:

TRX Market Performance Due to Partnership News and TVM activation

The news of a secret new Tron partner was reported less than 24 hours ago and TRX has ridden the wave of excitement all the way to the crypto markets. The strong market performance has also been aided by the successful activation of the Tron Virtual Machine on the same day of the secret partnership announcement.

The value of TRX has risen from $0.020 to current values of $0.023367. This is a percentage increment of 16.8% since early yesterday (0:30 am UTC), October 12th.

About Baidu

Baidu is a Chinese multinational company specializing in internet-related services and products. Headquartered in Beijing, Baidu also has a big presence in the artificial intelligence industry. Baidu’s Global Business Unit, formed under the name of DU Group or DU Apps Studio, is an app developer with various apps and services. It has over 2 billion active users worldwide.

Which firm did you have in mind as the secret partner of Tron? Do you believe it is Baidu? Please let us know in the comment section below. 

[Image courtesy of Fortune.com]

Disclaimer: This article is not meant to give financial advice. Any 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.

About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

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bitcoin
Bitcoin (BTC) $ 63,017.00
ethereum
Ethereum (ETH) $ 4,117.98
binance-coin
Binance Coin (BNB) $ 476.48
tether
Tether (USDT) $ 1.00
cardano
Cardano (ADA) $ 2.17
solana
Solana (SOL) $ 187.09
xrp
XRP (XRP) $ 1.10
polkadot
Polkadot (DOT) $ 43.02
usd-coin
USD Coin (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.245987