Sun Yuchen, the founder of TRON, announced yesterday that TRON will launch its Bitcoin Layer2 network solution and roadmap. However, this move has caused concerns within the community.
BTC Layer2 Development Roadmap of TRON
Community outcry: Run away!
Sun Yuchen’s Contrary Indicator
Bitcoin has seen a surge in price during the Chinese New Year, attracting continuous attention to Bitcoin ecosystem projects. Layer2 solutions such as Stacks and Nervos Network have achieved remarkable results recently.
In this context, Sun Yuchen, the founder of TRON and the head of the Huobi (HTX) exchange, posted on the social platform X yesterday evening, stating that TRON will launch its Bitcoin Layer2 network solution and publicly disclose the development roadmap:
BTC Layer2 Development Roadmap of TRON
In the tweet, Sun Yuchen introduced TRON’s development roadmap for BTC Layer2.
Community outcry: Run away!
However, it seems that Sun Yuchen, being a well-known contrary indicator in the cryptocurrency community, received a large number of user complaints and dissuasions in the comment section of his tweet, advising him not to enter the BTC Layer2 field:
“I beg you, really, don’t come, bro. BTC L2 is not a good track. Switch to another track, bro.” “Bitcoin ecosystem, perished on 2.15.” “Big sell-off, don’t come, this track is full of idiots, all scams. Can’t sell a single word. Don’t bring losses to TRON users, really, listen to the advice…” “Okay, you can start shorting now. The most reliable indicator has arrived.” “The whole article is filled with terms related to scamming retail investors, almost no technical direction…”
Sun Yuchen’s Contrary Indicator
In the history of the cryptocurrency community, the coincidence of “Whatever Sun Yuchen plays, it crashes” has occurred multiple times. The community has even jokingly called Sun Yuchen the “industry’s lamp of doom” and gave him the title of “Sun’s sell-off.”
Here are some widely circulated “contrary indicator” incidents involving Sun Yuchen:
In 2017, when ICO (Initial Coin Offering) was prevalent in the cryptocurrency community, TRON announced that it would conduct an ICO. However, a month later, the famous “94 Incident” occurred, leading to a comprehensive crackdown on domestic ICOs and a dark period for the cryptocurrency community.
In 2018, Sun Yuchen attempted IEO (Initial Exchange Offering). A month later, the IEO sector plummeted.
In 2020, Sun Yuchen entered the blockchain finance industry, and on the day of its launch, the DeFi (Decentralized Finance) sector crashed.
In 2021, the day after the pre-sale of Chain Horse Racing, Farmer World collapsed, and the gaming sector collectively plunged.
In 2022, after acquiring the Huobi exchange, FTX, a US exchange, closed down ten days later.
In February 2023, when he ventured into artificial intelligence (AI), AI experienced a major decline.
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V God’s Call: Ethereum to Return to “Cryptopunk” Decentralized Route! Indirectly Mocking Sun Yuchen and TRON