ICYMI: Tron founder Justin Sun believes China will become friendlier toward cryptocurrencies despite being 'anti-Bitcoin' and anti-mining TRX $TRX crypto
However, most cryptocurrency and decentralization enthusiasts do not believe CBDC will be safe to use, and countries like China will simply use it as an alternative for regular digital currencies.Last week, Sun announced that he was joining one of the biggest centralized exchanges in the world as part of an advisory board. The Ambassador of Grenada stated that he will aim at developing .
Both of those news and additional purchasing caused a massive 100% rally on HT, which reached a local high of $8. The active profit taking caused a 10% correction, but the nature of the reversal is purely technical, and it is not yet clear if the rally on HT is over or not.
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