Top 5 Crypto Performers Overview: Tron, Litecoin, Binance Coin, Dash, Monero

Jeff Schumacher, founder of BCG Digital Ventures, told CNBC during a panel discussion in Davos, Switzerland that Bitcoin will go to zero. In another interview with Fox Business, Fundstrat Global Managing Partner Thomas Lee said that Bitcoin can still go to $25,000, which he calls its fair value.

Analysts at JPMorgan Chase have predicted that Bitcoin is likely to plunge to $2,400 and eventually further to $1,260. Such differing opinions can confuse new investors who are looking to enter the crypto markets.

We believe that traders should focus on the fundamental developments in the crypto space, as well as on the price action on the charts. Cryptocurrencies as an asset class are here to stay.

Numerous blockchain projects are securing funding from traditional investors every month, which confirms that those investors are confident in the long-term promise of crypto. Crypto companies are introducing new products to attract institutional investors.

Moreover, efforts are in progress to integrate cryptocurrencies into the mainstream economy. It is only a matter of time before the bear market ends and a new bull phase begins.

However, this time, we don’t expect a vertical rise as seen in 2017. It will likely be a more gradual movement higher. A few of the top cryptocurrencies are showing signs of bottoming out. Let’s see if any of the top performers of this week qualify as a buy.

TRX/USD

Tron (TRX) was the best performing cryptocurrency among the largest coins by market cap over the past week. In its weekly report, Tron said that it has over “150 DApps and more than 300 smart contracts.”

At the recent niTron Summit, Tron founder and CEO Justin Sun said that he expects the number of decentralized applications (DApps) on the network to surge to 2,000 by the year-end.

TRX/USD

The TRX/USD pair is showing strength as the bulls are attempting to sustain above the overhead resistance at $0.02815521. As the cryptocurrency has been stuck in this range since mid-August, we believe that a breakout will result in a new uptrend.

The immediate target objective is $0.4, but we expect this to be crossed and the rally to extend to $0.05218328. Therefore, we suggest long positions on a close (UTC time frame) above $0.02815521, with a stop loss just below $0.021.

Conversely, if the cryptocurrency fails to sustain the breakout and drops below $0.02815521 once again, it will remain range bound between $0.0183 and $0.02815521. The sentiment will weaken if the bears push the price below the support of $0.0183.

LTC/USD

Litecoin (LTC) has come up with a new tagline “Take control of your money and pay with Litecoin” and a new logo. The logo was first showcased during a UFC event sponsored by the company and was widely appreciated. Will the new vision help change the fortunes for the struggling cryptocurrency? Let’s find out.

LTC/USD

The LTC/USD pair is attempting to put a bottom in place. After the initial pullback from the low of $23.090, the bulls have held the support at $29.349 for the past five weeks. This increases the probability of this level being a higher low. We will get a confirmation if the price breaks out of the downtrend line and the previous swing high of $40.784.

Long-term investors can expect the cryptocurrency to start a new uptrend if the price sustains above $40.784. There is a minor resistance at $47.246, above which the move can extend to $65.561.

Our bullish view will be invalidated if the bears defend the overhead resistance of the downtrend line, or the $40.784 mark. In such a case, the price will remain range bound between $29.349 and $40.784 for a few more weeks, before breaking out or breaking down from it.

BNB/USD

Binance Coin (BNB) has made giant strides in the past few weeks and is now ranking 12th largest coin by market capitalization. Binance has become the latest exchange to offer a crypto-to-crypto over-the-counter (OTC) trading desk to benefit from the surge in OTC trading.

The company has rebranded its Trust Wallet as a multi cryptocurrency wallet, adding support to a larger number of blockchains and has improved its various features. Binance Charity has announced a Lunch for Children program that will help provide lunch to disadvantaged children in developing countries in Africa and elsewhere. Can BNB’s recovery continue or will it falter? Let’s see.

BNB/USD

The BNB/USD pair has reached the resistance line of the descending channel. The 20-week EMA is also placed just above the channel. Therefore, we anticipate a strong resistance in the zone of $7.17–$7.7.

A breakout and close (UTC time frame) above this zone is likely to signal a trend reversal. The upside target is $12 and if that is crossed, the move can extend to $15. We retain the buy proposed in the previous weekly analysis.

If the position gets filled, we suggest traders book partial profits at resistance levels and raise the stops on the remaining amount. After all, the sentiment of the broader crypto market is still negative, so it is better to pocket small profits while one can, instead of waiting for a home run.

Our bullish assumption will be invalidated if the price reverses direction from the current levels. The downtrend will resume if the bears sink the coin below $4.1723848.

DASH/USD

Dash recently released version 0.13 of its build, and 47 percent of masternodes have already transitioned to it. The cryptocurrency is already quite popular in Venezuela with over 2,600 merchants accepting it.

We expect the latest political crisis in Venezuela to attract more people to Dash, and this will highlight the importance of cryptocurrencies during times of unrest and crisis. Anypay and eGifter have partnered with coin, allowing customers to turn their DASH into eGift cards without converting to fiat. Can these fundamental factors propel the price? Let’s find out.

DASH/USD

The long-term trend in the DASH/USD pair is still down. The bulls are attempting to form a higher low around $67. However, both moving averages are trending down, and the RSI is also close to the oversold levels. This shows that the sellers currently have the upper hand. If the bears sink the cryptocurrency below $56.214, the downtrend will resume.

The pair will show signs of strength if it breaks out of the overhead resistance zone of $103–$123. If that happens, a rally to $175 and above it to $224 will be probable. Another possibility is that the bears defend the immediate resistance at $103.261, resulting in a consolidation.

XMR/USD

Monero (XMR) managed to end the week with minor gains even though it was in the news for the wrong reasons. A study published by academics from Spain and the UK has highlighted that about 4.3 percent of Monero’s total supply was mined illegally.

The crypto exchange Gemini chose to list Dash instead of Monero because its founders, the Winklevoss Twins believe that the regulators would be more favorable to Dash. When the price doesn’t fall even amidst adverse news, it is usually a positive sign. So, is it a good time to buy? Let’s find out.

XMR/USD

The XMR/USD pair has been consolidating in a tight range of $38.5–$60.147 for the past eight weeks. A breakdown of the range will resume the downtrend and can push it towards the next support at $28.

On the other hand, a break out of the range can propel the cryptocurrency to the overhead resistance at $81. The downsloping 20-week EMA is located just below this level. Hence, we anticipate a strong resistance at $75–$81.

As the price is currently trading close to the yearly low, we are not suggesting any trades. We might suggest long positions if the pair sustains above $81.


Source
Author: Rakesh Upadhyay
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Justin Sun Announces That Tron (TRX) Will Surpass 200 dApps Shortly – The Tron Accelerator Is Involved

Back in October 2018, Tron activated the Tron Virtual Machine (TVM), and since then, the amount of smart contracts has continually increased at a really fast pace.

Since the activation of TVM, 3,856 smart contracts are reportedly currently live on the network. These contracts have been triggered 134.2 million times which is quite an achievement.

dApps on Tron network

The number of dApps on the Tron network continues to increase on a daily basis, and Justin Sun made sure to note this on his Twitter to make the community excited.

Someone who was really excited about the news commented: “Long term investor here and user of the Tron platform love it 😍 #tron awesome stuff @justinsuntron.”

There were also the naysayers present in the comments section and one of them said: “Until we get relevant real-world applications using #Tron, such little progress are only gimmicks and nothing else.”

This is the response the user got: “Any progress is not “gimmicks”… what do you think project Atlas is.”

Tron Accelerator

The number of dApps will soon increase due to the ongoing Tron Accelerator plan with $1 million in prizes.

The accelerator was launched back in December 2018 and plans to empower developers and startups to develop dApps on the Tron protocol.

The breakdown of the $1 Million will be distributed is as follows:

  • $200,000 for the 1st Prize Winner
  • $100,000 for the 2nd Prize Winners (2)
  • $50,000 for the 3rd Prize Winners (3)
  • 8 Special Prizes worth $30,000 each. A total of $240,000
  • 42 Finalist Prizes worth $5,000 each. A total of $210,000

“As TRON Accelerator results coming out, we have emailed winners with prizes, moving forward, we will announce a list of all winners through the website and other PR channels, please stay tuned,” the Tron Foundation notes.

The first three winners will have the great chance to attend Tron’s two-day developer conference niTROn Summit.


Source
Author: Andreas Townsend
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Justin Sun Reacts To Claims TRON Cryptocurrency Tech is ‘Garbage’

As CCN recently reported, Ripple and Stellar co-founder Jed McCaleb took time out of a recent interview to denigrate  Cryptocurrency TRON. Calling it “garbage,” McCaleb has apparently set off a minor firestorm of reactions on Twitter. Said firestorm includes a reaction from TRON’s active founder, Justin Sun:

Sun pointed out that his firm is active in two areas where Jed McCaleb has attempted to work: file sharing and cryptocurrency. McCaleb created an early file sharing network called eDonkey2000 which, along with KaZaA/Limewire/BearShare and Napster, eventually succumbed to BitTorrent in terms of users.

TRON acquired a company crucial to the development of the BitTorrent protocol in 2018 and is exploring the intersection of censorship-resistant cryptocurencies and decentralized file distribution.

Justin Sun // YouTube

McCaleb is among skeptics of smart contracts and stablecoins. During the interview CCN covered, he said:

The allocation of capital and resources is wild to watch, when these projects that have zero technical merit get millions of dollars. It seems like a big shame. Hopefully that will start to change. One of the nice things that comes with the market calming down—I still say it’s not a bear market—it means there’s less of that.

Ninety percent of these projects are B.S. I’m looking forward to that changing. Things like Tron, it’s just garbage. But people dump tons of money into it, these things that just do not technically work.

In a lot of cases it just needs to be some sort of digital payment and you might as well use Stellar or bitcoin. You don’t need a separate type of payment for cannabis.

EOS Outpacing TRON

CCN pointed out at the end of our article that during the 24-hour period in which the article was written, Tron had conducted more transactions than Stellar by several orders of magnitude, more than two million. A Twitter user pointed out to this reporter that EOS had done even more than TRON:

In fact, according to CoinMetrics.io, EOS processed 5,615,823 transactions on December 21st, about twice as many as TRON. Transaction volume is important in measuring the usefulness and reach of a given blockchain platform. No matter how solid the technology is, a lack of actual demand will drive the price of any token down.

Twitter Reacts to Jed McCaleb

Besides Justin Sun himself, several people had words for Jed McCaleb. Some felt he was just slinging sour grapes:

Also read: TRON Cryptocurrency’s Development Team Grows From 2 to Over 40

Some wondered how Stellar manages to maintain its position as a top 10 (by market capitalization) cryptocurrency with so little use:

Some predicted that TRON will overtake Stellar in the future:

At time of writing, TRON was just $22 million behind Stellar in terms of 24-hour volume, leaving this within the realm of possibility if the price rises a few notches.

Demand is created when dApps that people actually want to use are developed. A Telegram alternative was recently created on the TRON blockchain called Converse. Currently it doesn’t require any TRON to use, but the enthusiasm and speed with which it has been developed might foreshadow future dApps which will generate increased demand for TRX.


Source
Author: P. H. Madore
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Tron Now A Privacy Coin? The Adoption Of Zk-SNARKs

The ever popular and once very hyped cryptocurrency project TRON has plans to provide greater privacy features for their users by implementing zk-SNARKs.

Justin Sun, the founder and CEO of TRON, during a recent interview by the Bad Crypto Podcast talked about the progress of TRON’s technology, developments, and adoption.

During the interview, Sun talked about a variety of things including delegated proof of stake governance, the impact of blockchain, integrations with BitTorrent, and most notably the implementation of zk-SNARKs.

What Are zk-SNARKS?

zk-Snarks (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge), are a novel form of zero-knowledge cryptography, also known as zero-knowledge proofs. The technology was first used by ZCash (ZEC) and other cryptocurrency projects later adopted the technology.

The technology enables the possibility of shielded transactions and encrypts the crypto amounts being transacted. Therefore, with the use of zk-SNARKs, any one person or entity cannot analyze the ledger to discover wallet ownership of the parties involved in the transaction. Zk-SNARKs also encrypt the transaction amount for further privacy.

Unlike public ledgers such as the Bitcoin blockchain, cryptocurrencies utilizing zk-SNARKs will allow users to remain private and anonymous by shielding the sending and receiving transactions.

Justin Sun on Privacy and Anonymity

According to Sun, the TRON foundation has plans to implement zk-SNARKs as early as the first quarter of 2019. Once implemented, users can transact TRX tokens with a far greater level of anonymity and privacy. As a result, TRON will join the group of other privacy-centric cryptos such as ZCash (ZEC), Bitcoin Private (BTCP), Monero (XMR), or Verge (XVG).

Sun explained that privacy and anonymity is much needed in today’s data-driven society, as both websites and search engines are monetizing user data, which affects users’ privacy in a variety of ways.

As quoted from the podcast, Sun said:

“People don’t want their privacy stored by Facebook or Google because those people can more easily manipulate the data so they can push ads to you. You don’t want to share those data with them. That’s why I think the decentralized way becomes a good way to do that ànd limit how much data you are required to share.”

Sun explained that with the future implementation of private transactions on the TRON blockchain, users will maintain control. They can enable private addresses and untraceable transactions so companies and entities cannot track them.

Sun also explained that not all TRX transactions will be private. He said users can decide whether they want to process a private transaction. While the option to do this a is nice feature, the ZCash development documents state that if you limit the number of users using zk-SNARKS, it becomes increasingly possible to deduce certain transactions.

Final Thoughts

TRON has been very busy during this crypto bear market and continues to make new announcements and developments almost daily.

For instance, the TRON blockchain recently surpassed Ethereum in terms of dapp usage. The TRON foundation is funding the innovation and development of the blockchain-based gaming industry through a 3-year plan with $100 million in funding. The foundation also launched a $1 million Accelerator Program to spur innovation and development of dapps on the TRON blockchain. Earlier this year in July, TRON purchased BitTorrent for $250 million and is paying seeders with TRX through their Project Atlas.

All in all, TRON appears to be killing it in terms of development during this gloomy crypto bear market. For a crypto project that was all hype with no blockchain or products just one year ago in 2017, they have come a long way and have big plans and goals for the future.


Source
Author: Jeremy Wall
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Tron (TRX) Accelerates to Over One Million Daily Transactions

Tron is back in the news as Justin Sun makes another move. A few days ago, there was a lot of talk about Tron aiming to surpass its target of 1 million daily transactions. Well, it seems that the good news is now hitting our screens even earlier than expected, and there’s more than just the news.

Just days before Tron achieved the said 1 million daily trades, the CEO and founder of the company, Justin Sun, started a contest and pledged to dish out some nice rewards to 5 random winners. In the contest, his followers were asked to predict the date when Tron would hit the 1 million transactions target.

Justin promised to give out a cool 5,000 TRX tokens, meaning that each of the winners would be taking home about a thousand TRX. Now that the target has been reached, it became obvious that Justin would announce the 5 lucky winners. And he did just that.

In a tweet, the cool generous CEO announced that Tron had not only achieved the 1 million transaction milestone, but it had also actually surpassed it. Adding to that, he went ahead to announce the 5 winners who came out right in guessing the correct date the milestone was achieved. To make things even cooler, the twitter followers who won came out to drop their comments on the thread, confirming their winnings. Someone in the thread even suggested that Tron could actually hit 2 million daily transactions within the following week.

Tron (TRX) Shows Ethereum (ETH) Some Huge Dust

Expectedly, Tron’s success in boosting its total daily transactions is partly fueled by its recent acquisition of BitTorrent, converting the users already in the system into its customer base. As such, its traffic has increased, and that means more transactions per day. With such a volume, Tron has surpassed Ethereum. In fact, it not only surpassed Ethereum, but it achieved twice Ethereum’s volume. However, Ethereum still remains ahead of Tron in terms of market cap.

Tron’s main objective is to redefine the entertainment industry by giving power back to the users. With Tron’s system, users can create, store, and publish their own stuff without outside control. The company has also announced plans to team up with JOYSO to develop a hybrid crypto exchange platform.


Source
Author: Nick James
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After Baidu, Tron (TRX) In For Major Partnership Talk With Oracle Tech Gaint –TRX News

While the ripple and disruption Tron (TRX) blockchain technology created in the crypto space with the announcement of a partnership with a colossal tech giant, Baidu seems not dead with expectation that bullish growth is imminent for the altcoin, the blockchain technology is again here with another wave will likely create massive shock and aftershock in the space.

The mastermind behind the cryptographic project, Justin Sun open the air today with an announcement that a team from the Oracle blockchain visited the headquarter office of Tron foundation in San Fransisco.

Sun mentioned that the meeting held between the two companies was centered on partnership opportunities talk, Smart Contract and Tokenization.

Oracle Blockchain Meeting With Tron (TRX)

A tech start up adviser that works at Oracle, Neal H., who was amongst the Oracle blockchain team flagged the session as “Meeting of the Blockchain Minds”.

Attesting to Sun statement, he also averred that partnership opportunities was amongst the major talk at the meeting.

Neal expressed gratitude to the likes of Roy Liu, Head Of Business Development at Tron Foundation, and Jonathan, a member of Tron Foundation, who were both present at the assembly today.

Neal also gave credit to Dante Venafro, a Blockchain Advisory Member at Oracle, for the initiating and making the meeting come to realization.

Oracle Blockchain

Edging into blockchain technology in July to join the likes of Microsoft, IBM and SAP in offering blockchain-as-a-service for companies, Oracle intends deploying Distributed Ledger Technology (DLT) with low cost.

Granting an easier way to adopt blockchain technology, Oracle plans to transform businesses with industry’s most comprehensive and enterprise-grade blockchain platform. Oracle blockchain platform helps to secure and make your business transaction faster.

A lover of the blockchain project who commented on the meeting said Tron (TRX) will in the future take over Ethereum and Bitcoin.

Oracle Cloud Service And Tron (TRX) Blockchain

Earlier, in the announcement of the partnership between Tron (TRX) and Baidu, it was stated that the Tron will now have access to working on Baidu cloud platform. Seems like the new impending partnership will also take the same shape as Oracle stands as a tech company that offers Blockchain Cloud Services.

Oracle Blockchain Cloud Service grants a pre-assembled Platform that is used in building and running smart contracts, and at the same time buoying a tamper-proof distributed ledger.


Source
Author:  Evelyn Murphy
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Tron’s Justin Sun shows his unwavering support for XRP and Ripple

Yesterday, the entire cryptocurrency market was left astonished because of XRP move. The coin witnessed a massive momentum in the market by seeing a rise of more than 80% in the past 24 hours. It even took over Ethereum within a fraction of moments, with billions of difference in the market capitalization between Ethereum and XRP.
The rally was followed by the whole market speaking of XRP, with the XRP community stating that the long-awaited bull run has finally arrived and other communities calling this a market manipulation and stating this has a fine example for why the market needs regulation.

However, Justin Sun, the CEO and Founder of Tron Foundation, showed his unwavering support for XRP. Before the inception of Tron Foundation, Justin Sun was the Chief Representative for Greater China and the Advisor of Ripple Labs. He was one of the first employees of Ripple in the Greater China area according to his LinkedIn profile.
The Founder congratulated Ripple on his official Twitter handle. Justin Sun stated:
“Congrats to @Ripple! @justmoon”
He further added that the surge in the price of XRP is credited to Ripple’s recent partnership with PNC bank. He said:
“…With Bill Clinton keynoting Swell 2018, blockchain is going mainstream! As Ripple’s Greater China Chief Rep from 2014-16 and a Ripple shareholder, I’m confident financial institutions will adopt blockchain.”

Recently, the CEO of Ripple, Brad Garlinghouse announced that they have partnered with one of the biggest banks of the United States, PNC Bank. The firms will be working together to improvise the bank’s real-time cross-border payments for their commercial customers, an addition to RippleNet. Moreover, Ripple is also set to launch xRapid in the coming days. The product will utilize XRP as bridge currency for the transfer of value of one currency to another currency.

This move by Justin has gained a lot of support from the cryptocurrency community. With the majority stating that Justin has truly shown to be one of the great leaders in the space by stepping up and appreciating XRP and Ripple. A part of the community even claims that the two currencies are going to take over the top positions of the cryptocurrency market soon.
Crypto Steve, a Twitterati said:
“always positive to see leaders of great projects acknowledging each other’s hard work and success.”
Lee Van Cleef, another Twitterati said:
“I was reading this without looking who wrote it. I said to myself “this guy definitely seems to know what he is talking about”….then noticed It’s OUR GUY!!!! Big Tron Hodler and Believer here – Go Justin! Go #TRX”

Moreover, along with the surge in XRPs price, Tron [TRX] also witnessed a significant growth. The coin has seen a growth of more than 4% in the past 24 hours, according to CoinMarketCap. At the time of writing, the coin was trading at $0.023 with a market cap of $1.5 billion. TRX has seen a significant growth of over 15% in the past 7 days.


Source
Author: MaxPositives
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Justin Sun Still Bullish Despite Buterin Critique; Tron Price Climbs 6%!

Tron (TRX) climbed 6% leading into Wednesday evening as the cryptocurrency market sprung up from another overnight dip. TRX had flirted with yet another 2018 low for much of Wednesday morning, yet CEO and co-founder Justin Sun confirmed his bullishness in the wake of the quiet jab thrown at him by Vitalik Buterin late last night.

Contrary to Buterin’s assertion that the cryptocurrency market would no longer be witness to the kind of 1000x growth that we witnessed towards the end of 2017, Justin Sun believes the exact opposite.
Sun Strikes Back

The Tron CEO took to Twitter to defend himself after Buterin suggested that the hype created by popular figures like Justin Sun was less than beneficial. Buterin’s original statement read:
“Me: obviously, let’s be realistic, the entire world wealth is not going to turn into cryptocurrencies…
Media: VITALIK IS A PESSIMIST!!!!!1!!1!

Guys, if you spin things this way you’re *incentivizing* people to act more like @justinsuntron.”
Justin Sun responded less than two hours later, telling his 326K followers:
“I do believe the entire world wealth will turn into cryptocurrencies like blackhole and grow much bigger in the future. Cryptocurrency will hit 10 trillion USD market cap before @Apple and @amazon do. We will see. Time will tell. #TRON #TRX $TRX.”

The assertion that the cryptocurrency market cap will reach $10 trillion before Apple and Amazon is brash, bold, and just the kind of hype that we’ve come to expect from Justin Sun. His tweet may be slightly tongue in cheek (it’s difficult to tell), but that’s not to say he’s be wrong, after all, who knows? But with Apple recently becoming the first U.S publicly traded company to hit a valuation of $1 trillion, and Amazon forever expanding into new markets, it may seem unlikely at this point.

Well, the answer is clearly ‘yes’ – but with a caveat. There’s such a thing as selling yourself too much. As a unique example, look at how the professional wrestling business oversold itself in the late nineties, and has now been forced to pay the price with poor television numbers and apathetic fans.
Speaking of oversold, take a look at the crypto market itself, and Ethereum in particular. Tron also falls into that bracket, and has shipped 81% of its value since May, just four months ago.
As the morning’s dip began to rebound on Wednesday afternoon, TRX traded up against the dollar to the tune of 6% – rising from a coin price of $0.017237 to $0.018275.


Source
Author: MaxPositives
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Justin Sun Confirms That PornHub Integration Is Big For TRON

PornHub, is slowly becoming a bit of a crypto hub (so i’ve been told of course). The adult entertainment website now accepts a range of cryptocurrency payments for their subscription service. This crypto revolution began in April when the website announced they would be accepting Verge XVG. Since then, a number of other cryptos have been added to the website, with TRON TRX being one of the latest additions.

It’s good news for the cryptos involved, porn is a big industry with a lot of money flowing in and therefore, it can only be assumed that a lot of this money (through PornHub at least) is set to be diverted into the crypto markets. From the TRON perspective, so far it seems that this integration has had a very positive impact.

TIP

According to AMBCrypto, the PornHub integration seems to have inspired a number of other businesses and companies to look to start accepting TRX. Through August, TRON has seen huge levels of adoption and Justin Sun, the founder of TRON is pretty pleased with himself:

“Justin Sun said that the TRX payment channel has taken another step towards expansion. This is because of the recent partnership with Pornhub, one of the biggest adult entertainment industry. This also includes the collaboration with Bitcoin Superstore, a cryptocurrency only store which enables users to purchase products from over 20000 online retail stores. Justin further added that Tron has established a partnership with the social media giant, Line and that the token has been successfully listed in the Bitbox exchange. In addition to this, TRX has been listed on various exchange platforms. This includes Kryptono, CoinSwitch, Coinex, Bitnovo, Kucoin, and Atomic.”

Each and every integration of TRX gives TRON a new use, a new value and a new reason that should in turn inspire people to invest. If people know they can use their TRX when investment isn’t going to play, they are going to be more confident when it comes to buying it.

The TRON community is growing and the project is getting bigger and bigger. It’s been a quiet few months for TRON, now though, things are finally on the up and all is looking very good indeed.

References
AMBCrypto


 

Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

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Author: Adrian Barkley
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Tron Up 11% After Promising Announcements By Justin Su

Tron (TRX) remained one of the fastest growing cryptocurrencies in the top 15 of the global market cap during the week, surpassed only by IOTA and EOS.
During the last 15 days, it registered a sustained growth rate of over 10%, with no sign of a reversal in the MACD.LIONBIT
However, beyond the technical analysis, it is important to note that the popular cryptocurrency has well deserved this increase. The founder of this promising blockchain, Mr. Justin Sun, has been actively working on developing his crypto, generating very

While Justin Sun had tweeted earlier this year that he would be working with SesameSeed to develop Seedit, it was on Saturday, August 18th that the platform’s official tweeter confirmed the information.

Seedit is a p2p payment platform that allows sending tokens to content creators on traditional social networks. This announcement provided a positive image for Tron in the community after a bearish trend, as it proved that it was possible to implement a practical case of using this blockchain in the near future.

The project is still under development, but the confirmation by both parties has generated very high expectations stimulating the trade of this token.
TIP
TronChat is another development that excited the community because it makes it possible not only to expose the public to the use of the Tron network but also to be a decentralized alternative to other options of recognized stability (and power in the business world) such as Facebook and Telegram.

TronChat’s announcement markets the platform as a new app that counts the best of Instagram, Venmo, and Telegram. This tweet had over 1.1k likes on Twitter and generated very positive comments in the community:The announcement of being listed in an exchange always generates positive expectations for a crypto as it increases the number of traders who have immediate opportunities to do business with it.

TRON added to its list of achievements the trust that Kryptono has placed in it. The exchange has enabled the TRX/BTC and TRX/ETH pairs

However, just three days later, Mr. Sun announced that TRX would also be available on KuCoin, a much larger and more famous exchange, which further increased the excitement of the community which continually appreciates Mr. Sun’s business skills and his hard work to promote not only Tron’s blockchain but also its TRX Token.


Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

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Author: MaxPositives
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