There has been some rumors about a possible upcoming partnership between Tron (TRX) and Baidu, China’s greatest internet search provider. While the partnership hasn’t been confirmed yet, the new rumor is that this meetup isn’t going to be based on Tron’s blockchain technology. Instead, it will be based on cloud computing resources. The original original report was by CNLedger stated that Tron was entering into a basic cloud business with Baidu. Both Baidu and Tron will work together to debug blockchain products, build them, and maximize intercompatibility.
TRON (TRX) Price Today – TRX / USD
The partnership between Tron and Baidu will be focused on Baidu’s cloud computing resources. It isn’t exactly a blockchain business connection. Also, more reports show that Baidu is making plans to independently release a Blockchain Commercialization Partner Plan v1.0. This project is going to be centered around revenue sharing and tech exploration. Baidu has already released a white paper about the development of its super chain. This was the first time the world was introduced to its cloud blockchain platform.
Some days ago, Justin Sun posted on Twitter that there is a secret partnership coming up between Tron and an industry giant which he didn’t name. According to him, the partnership is worth tens of billions of dollars. He didn’t give details about the partnership.
How Is Tron (TRX) Doing Today
After Justin Sun posted about a secret partnership worth tens of billions of dollars, the price of Tron (TRX) went up a little as it traded in green. Today, TRX is trading at $0.024003. It is red against the USD by 2.59% and red against Bitcoin by 1.27%. The next few days of trading will determine if the price action will change but the market capitalization is $1,578,132,946 while the 24 hour trading volume is $104,113,897. It is important that it stays above the $0.024 level to prevent more decline.