The DeFi party and decentralized oracle boom have come to a conclusion, but only now Justin Sun has shown up with a Chainlink impersonator built on Tron. Has the sun set on this trend, or does the crypto project frontman have something revolutionary up his sleeve?
Tron Founder Introduces TRX-Built Chainlink Imposter As DeFi Trend Dies Down
The speculative cryptocurrency asset class is driven by hype, with success surrounding whatever is trending, or shiny and new. Even though Bitcoin was clearly the better buy, investors rushed into the market to buy altcoins that eventually became worth next to nothing.
Impersonators always perish next to the real deal. This is why it is a curious decision for Tron founder Justin Sun to only now jump on the decentralized oracle trend and try to launch a TRX-built version of his own.
Related Reading | Chasing The Crypto Trend: Tron Attempts To Jump On DeFi Bandwagon
Over the summer months, during peak DeFi fever, Chainlink – a decentralized oracle project – went into full-price discover mode and repeatedly set new all-time highs. The asset easily outperformed the market, which is why Tron is likely readying a competitor to take on the now top-ten ranked crypto asset.
In only TWO days, @DeFi_JUST will be launching #JustLink, a #TRON oracle project which will link the real world and the virtual, seamlessly connecting data from two realities and creating a trustworthy and accessible database!