Tron [TRX]: The sleeping giant awakens, while other cryptocurrencies succumb under bear’s pressure

2019-4-3 15:02

Tron, in a recent turn of events, has surpassed Bitcoin SV [BSV] and now sits comfortably as the ninth largest cryptocurrency with a market cap of $1.78 billion and prices reaching up to $0.026.

The Tron Foundation and all of its members have been working towards the development and adoption of Tron. The prices in the one-day time frame show a steady uptrend with no signs of stopping.

Source: CoinMarketCap

The prices started trading at $0.022 on January 7, 2019, at 16:44 UTC and kept a steady rate of increase until it reached $0.024 within a few hours. The prices consolidate at this point instead of correcting themselves until the next day, i.e., January 8, 2019, 08:09 UTC, after which the Tron’s prices shot up and have reached to a point where the price is at $0.0266 and the market cap is holding a steady $1.7 billion.

The total trade volume for a 24-hour time frame is at $273 million, which is coming from a Singapore based exchange, Bit-Z via the trading pair TRX/BTC. This exchange contributes a whopping ~$70 million via the mentioned pair. Bit-Z also contributes a massive $20 million via TRX/ETH pair.

Following Bit-Z is CZ’s Binance exchange, which contributes a total of $54 million via trading pairs, TRX/USDT, TRX/ETH, and TRX/BTC.

One of the reasons why the community speculates Tron to be pumping hard while other cryptocurrencies are barely coping is due to the addition of Tron as a trading pair with XRP on Bitrue exchange.

Apart from the above, Tron was also reported to introduce a new BitTorrent token which is an integration of Tron and BitTorrent.

BitTorrent token was introduced by the Tron Foundation and the BitTorrent team as an incentive mechanism for the BitTorrent community. Users will be incentivized with BTT for seeding files and resources on the BitTorrent platform.

This news related to Tron made a big splash in the ecosystem and the community speculates it to be one of the reasons why the prices could be rising astronomically without a stop.

The post Tron [TRX]: The sleeping giant awakens, while other cryptocurrencies succumb under bear’s pressure appeared first on AMBCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

TRON (TRX) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.1171
Капитализация $0 Rank 99999
Цена в час новости $ 0.0276029 (-100%)

tron under bear prices succumb pressure giant

Источник: ambcrypto.com

tron under → Результатов: 56


China Rates TRON as the 2nd-Best Cryptocurrency: What’s Behind the Optimism?

A government agency in China has rated TRON, the third largest decentralized application (Dapp)-focused crypto project, as the second-best crypto asset in the world behind EOS. The Center for Information and Industry Development (CCID) under China’s Ministry of Industry and Information Technology rated TRON highly in several categories including applicability and technology.

2019-2-28 12:16


Justin Sun’s Rebuttal to Criticisms About TRON’s Integration with BitTorrent

Justin Sun rebutted claims by a former BitTorrent executive who said that tokenizing BitTorrent’s economy on Tron would “literally destroy it.” Speaking to Breaker Magazine, BitTorrent’s ex-Chief Strategy Officer (CSO) Simon Morris on Friday raised a host of questions about the technological capabilities of Tron and CEO Justin Sun, asserting the blockchain would “melt” under […] The post Justin Sun’s Rebuttal to Criticisms About TRON’s Integration with BitTorrent appeared first on CryptoSlate.

2019-1-15 06:51


Tron (TRX) Bullishly Exploding, Soaring Higher Than Other Cryptos

The crypto market has been experiencing drag in the movement of price under a bearish condition. While some cryptos are weighed down by the present condition, some have been able to break out. Some cryptos are still struggling to break out, but Tron TRX seems to have gathered enough strength to break off the bearish […] The post Tron (TRX) Bullishly Exploding, Soaring Higher Than Other Cryptos appeared first on ZyCrypto.

2019-1-14 20:26


Фото:

Джастин Сан

Джастин Сан является основателем TRON и Callme (PEIWO), консультант Ripple Labs. APP.  TRON – находится в топ-10 лучших криптовалют мира и является децентрализованной web 4. 0. платформой.  PEIWO является одним из крупнейших голосовых мессенджеров на китайском рынке.

2018-11-13 00:00


дальше еще 7 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Tron hits second-highest revenue as TRX gains momentum

Tron’s blockchain has seen remarkable progress, with its native token, TRX, surging to a yearly high as the network achieved its second-largest monthly revenue on record. Data from CryptoSlate shows that TRX reached $0.

TRON Network Sees Surge In Energy Capacity And Active Users As TRX Burn Continues

The amount of Energy on the TRON DAO network has doubled over the past three months, signaling increased capacity for smart contract activity. Energy is essential for executing smart contract transactions on TRON, and with more Energy available, the network can handle higher demand while mitigating cost spikes during periods […]