It's not really even about that. It's about a group of billionaires getting together and buying whichever alt they want to generate huge income.
Now... Think about what Chinese billionaires would do.
I think that Chinese billionaires will not play the TRON. This is quite risky and the cryptocurrency market has a low level of liquidity, as for billionaires.
Do you know the who are the major holders and investors in TRON? They are Chinese, obviously.
TRON's founder is Justin Sun who has large community following in China many of whom are billionaires. They own large chunk of TRX supply. They have manipulated TRX market many times before and can do so again in future.