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1 month ago
Tron makes its return to the top 10 cryptocurrencies through market capitalization, thanks to a strong boost that has boosted market trend
Let us remember how Tron (or better yet, its sign TRX), lost its presence in the top ten cryptocurrency following the good performance of the ADA, the sign of Kardan, whose rapid development managed to break the "rival "TRX at the lowest step of the scale of the ten most important cryptocurrencies.
TRON returns to the top 10 cryptocurrencies by market cap
The result was not entirely unexpected, especially for the assessments of Tron Foundation administrator Justin Sun, who a few days ago said he was firmly convinced that TRON would be made back in the top ten by of the "first days of June".
Clearly, Sun’s forecasts have not been underestimated and, therefore, the TRX token has managed to recover the lost ground a week before the “projection” made by the CEO of the foundation.
But why is Sun (and is) so convinced of the positive performance of TRX?
The reason is partly unknown, but will probably be linked to another statement by the same TRX manager, according to which on June 1, 2019 a note will be released where the TRON community will be informed about an important news about TRON and BitTorrent.
Looking forward to learning more soon, TRON will be able to celebrate this hope in the best way, to get a good performance in major exchanges where tokens are exchanged.
Regarding the exchange, we also remember how the main operator is where the crypto / fiat TRX / USDT BW.com pair is sold, with a market share of 7.84% of the total exchange volume.
In second place in the list of the most important exchanges for TRX business we found rather OKEx, in a segment close to the market leader, which is equivalent to 7.69%.
Tron launched the millionaire program to support its development
Tron launched the millionaire program to support its development. Here is the latest news from TRX.
While not everyone seems optimistic about the development of cryptocurrencies, and despite the darkness surrounding the cryptographic ecosystem, a currency seems to have managed to find ways to ignite some kind. of chaos in the world of virtual currency and the chain.
Tron, eleven currencies in the world through market capitalization, recently announced the launch of an acceleration program that will help support and sustain developers who have built DApp and other applications on its platform. In addition to providing resources to developers, the initiative has provided $ 1 million in funding to help revitalize its innovative project level, with the goal of growing the cryptocurrency ecosystem and the protocol designed by the company. of the parent.
According to a statement released by the Tron Foundation, which oversees the project, the blockchain change program should be at the launch stage, thus providing a small glimmer of hope to support the sector, since that market prices are still a bit depressing.
The press release also includes some details on the acceleration program in the strict sense, whose attention seems to be concentrated on building new and interesting projects rather than asking what has been done in terms of cryptocurrency capacity.
The early stages of the program aimed to support developers and startups in creating DApps using the TRON network, a proposal that could be judged as interesting for the creators, given the increasing volume of Tron transactions and beyond of 600,000 active TRX wallets,
The acceleration project will reward up to 56 DApp project winners in various categories. The first prize gives a prize of 200 thousand dollars, and the rest will be weighed based on the results estimated by the teams, who will also participate in more products and, therefore, potentially win more prizes.
Remember how Tron generated a lot of interest around decentralized technology, following the acquisition of the giant BitTorrent file sharing, with an additional company dedicated to integrating the service into the Tron platform through Project Atlas.
Torrenting may be a way in which money will be able to stand beyond that tight cryptocurrency space, but money offers a strong networking capability through the Main Net platform. DApps, as currently present in Ethereum, is one of the most dynamic projects implemented in the ecosystem in recent years.
Instead of relying on TRX coins to become another transactional cryptographic coin, founder Justin Sun and the Tron Foundation are therefore trying to find other ways to attract developer interest. Will he succeed?