Tron founder supported NFTs market place amid Crypto Market Crash

Justin said that they will buy all the NFTs of the market, to support the NFTs marketplace.

Right now, the crypto market crashed and this is going to be a historical crash of the crypto Market because this was totally unexpected. 

Reason of market crash

Right now, the exact reason does not come from any perfect source that can perfectly explain the reason for the market crash. But the most probable two reasons are coming. 

The first reason is miners, most of the Bitcoin miners were facing huge losses because of the bitcoin price crash and they were waiting for Bitcoin to reach $50k to sell. 

And the second reason, which is expected by many experts, is manipulation by the whales and big players. According to experts, few big whales tried to manipulate the market to buy Bitcoin at a low price. 

Big players support in the crash 

Right now, the price of bitcoin is around $46,300 (crashed by around 11.5%). Recently, the El Salvador government bought 200 BTC officially. Some reports claimed that the government further bought more 200 Bitcoin. 

On twitter, tweets confirmed that the El Salvador government is buying more and more bitcoins at this dip. 

Justin Sun, Ceo and Founder of Tron foundation, came into this crash situation to give support the space against  this crash. 

Justin Sun tweeted that he will buy all NFTs of the market. 

Right now, the trend in the crypto market is only for the NFTs project. And also right now Justin is giving a huge boost through his buying and promotion supporting the NFTs marketplace. And probably he is trying to save this trend for the long run, that is why he tweeted to buy all NFTs. 

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