Trump and Justin Sun based little joke in these depressed market conditions
Trump and Justin Sun based little joke in these depressed market conditions
Trump and Justin Sun based little joke in these depressed market conditions

By Greenchic | Investing and Trading | 17 Mar 2020


Donald Trump joke

Last Thursday was a depressing day for markets with the free fall of the stock market, crypto market etc, that is old news. However, in the midst of this tragedy, jokes emerged thanks to tweets of US president Trump, who pumps up the stock market using the strategy of the well known Justin Sun (tron) who we Steem Community are associated with ever since he acquired Steemit Inc.

 Trump the reason US Stock Market experienced gains on Friday

Looks like on Friday, the Dow Jones besides other stock indexes of the US stock market closed on a green candle and president Trump tweeted - “BIGGEST STOCK MARKET RISE IN HISTORY YESTERDAY!”

Trump tweet

Tweet image from beincrypto news article

Crypto tweeters pointed out that Dow Jones was down 21% from the previous month and he is boasting about this 9% increase in one day (like an idiot).

Trump tweet on stock market

Tweet image from beincrypto news article

The main reason the market gained on Friday was because Trump did great talks of being optimistic on fighting and winning the Coronavirus catastrophe just before the market closed. This tactic of Trump was similar to Justin Sun who does announcements to pump the price of Tron, and that is why crypto, tweeters tweeted -

“America got their very own @justinsuntron”

President trump pumps US Stocks

 

Tweet image from beincrypto news article

LOL indeed!!!

Reference article - https://beincrypto.com/crypto-community-laughs-at-president-trump-pumping-stock-market/

 Now the Tragic and Sad Part of Justin Sun’s marketing tactics


I don’t want to introduce tragedy element in this write up by talking about Justin Tron’s shameless marketing tactics that heartlessly without human consideration makes use of tragic news to pump the price of Tron, but you can read it in this article that Justin Sun Tron used Coronavirus catastrophe to his advantage with this tweet -

“ Fighting #coronavirus! #TRON is on the way! Wuhan, we are with you! Stay strong! @Tronfoundation”

Justin Sun - Tron Founder marketing tactics

 

Tweet from beincrypto news article

When the world was grieving over the death of Kobe Bryant, @justinsuntron made use of even that devastating news to promote Tron’s conference niTROn 2020 with this tweet.

 Kobe, was great to have met you in niTROn 2019. Mtg you was one of my life's greatest honor & privilege, I'll forever remember us on stage discussing the future of blockchain. We'll have a moment of silence in your honor during niTROn 2020. R.I.P.

kobe bryant death used to promote Tron

Tweet from beincrypto news article


This tweet sounds hollow to me , no personal connection, just looks like it was written to promote that niTROn 2020 conference. So disgustingly artificial!!

Reference article - https://beincrypto.com/justin-sun-promotes-tron-while-exploiting-coronavirus-tragedy/

US’s FED trying to keep the stock market intact

Anyway… there are further talks around everywhere in news that FED is pumping money into the economy, making an effort to keep the US stock market intact. Stock markets should crash logically, as no economic or business activity is buzzing at this current economic situation where the economy is hit down by the Carono virus, when it’s already going through a slow down. However, the US FED is printing money and giving cheap loans to Corporates(through frequent rate cuts) to buy shares and keep the stock market afloat.


Greenchic
Greenchic

I love to write on things I am passionate about - environment, citizens activism, crypto and life in general. I am a cat enthusiast, nature lover. I am excited to engage at the Publish0x platform by reading and writing crypto and other content here.


Investing and Trading
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