Tron Towers, The Cryptocurrency Skyline With TVM Launch

The digital asset market is beginning to calm down after the nerve wrecking storm that had everybody out of their comfort zone. A bear market often overshadows developments in the industry. Many people measure the success of the cryptocurrency space with the performance of the prices. However, this is not usually the case, in fact, crypto projects focus more on technological advancements during a downward trend. The industry is still rich in opportunities, besides there is no limit to what a cryptocurrency can achieve in this industry.

Significantly, the investors are faced with a dilemma of finding out what is tangible and what isn’t. The technology and the crypto assets work hand in hand, which means they both have to be considered during evaluations. The investors need to figure out the status of the market as it stands at the moment. Stagnation and growth are aspects that assist in putting all these questions into the right perspective.

In retrospect, not all the cryptocurrency projects will stand out and show their prowess. If shuffled considerably the chaff is bound to separate from the grain. At this point, the so cold ‘doers’ in the industry will come out strong and ready to face the rough waters of the storm.

Tron, a top 20 cryptocurrency by market capitalization is currently towering upon the skyline of China attracting the attention from all directions. Since its launch, a year ago, the token has multiplied 100X and is still among the projects with the highest potential in 2018. The founder, Justin Sun has made a name for himself in the technology world. Although himself a millennial, he has risen above the stereotype to be at the helm of blockchain advancement and the decentralization of the internet.

Tron has been the industry’s game-changer project in 2018. The network is now a tech powerhouse and with it the world has realized the contributions from technology gurus such as Lucien Chen as well as Marcus Zhao. Nevertheless, Tron team has grown exponentially to achieve several groundbreaking milestones. For instance, the successful mainnet launch and seamless token migration, the Tron Super Representative (SR) election, the acquisition of the decentralized BitTorrent boasting of 100 million active users and BITBOX among other great developments.

Tron started to lay the ground for the launch and testing of the Tron Virtual Machine (TVM) in July. In August the network developed a sandbox ecosystem that allowed the global community to test and carry out vulnerability mining. The feedback from this stage was instrumental to the official launch of the TVM. Nonetheless, the community has designed a poll that brings together SR’s views and with this, a consensus was reached where all the Super Representatives agreed to an upgrade process.

The official TVM launch that took place in August saw the release of a more secure and stable version in comparison to the test version. The ecosystem was beefed up tremendously in terms of development tools (TRONBOX), team building for developers, game engine building. The goal was simple, to make TVM extremely fast, easy to operate and build it into an ecosystem that is robust.

The launch of TVM was a turning point for Tron. It redefines the project’s impact and significant on the industry and the world economy. Tron has opened a new chapter in relation to decentralized applications (dApps). TVM was released with Ethereum Virtual Machine (EVM) compatibility features. In the near future, there are plans to add EOS VM compatibility. This gives developers a framework to easily and efficiently migrate dApps to Tron blockchain at the least cost.

Tron team is now bigger and better. Former engineers and dApp developers from both Facebook and Google have joined the team. The network is focusing on providing a system that operates seamlessly and a capable development team is required during targeted troubleshooting and upgrades. Tron is going to be the trendsetter in the industry, besides its future has limitless potential.


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Author: MaxPositives
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Tron [TRX]’s listing on SatoWallet; claims to provides high liquidity for its assets

According to a recent post, SatoWallet, the Multi-wallet and exchange platform had recently listed Tron on its exchange. This will help both the platforms establish a mutually beneficial partnership through which they will adopt cryptocurrency and blockchain use cases.

The Tron Foundation recently announced on Twitter that they would like to initiate a partnership with SatoWallet. Their latest update claimed that instant swapping between several blockchain assets will be supported by the Changelly Application Programming Interface [API]. They have also stated that users can make use of the Changelly exchange directly from the SatoWallet App.

TRON aims to be a decentralized entertainment content sharing platform, which will in due course grasp into blockchain and peer-to-peer network technology. The non-profit Singapore-based foundation seeks to tackle the issues that have long disturbed the global entertainment industry.

According to a Medium report, SatoWallet is voted as one of the most trusted cryptocurrency wallet and exchange platform. This is a positive development for the TRX community as Satowallet holds more than 60 cryptocurrencies. It also provides, auto swap feature, staking ability, instant trade on the exchange, speed and security.

The recent reports claimed that SatoWallet has developed a team of blockchain experts who can understand market trends and that SatoWallet is strategically situated as a fundamental player in the cryptocurrency ecosystem. Their main goal is to make cryptocurrency easy to use and one of their agenda is to also provide offline transactions for their new and existing users.

The reports stated that some of the major advantages of this partnership with the Tron community include the integration of Tron wallet with the satowallet app which is supported on Apple, Android, and PC. There is no processing fee for any Intra-SatoWallet Tron transaction.

At the time of writing, according to CoinMarketCap, Tron was currently at the 13th position on the cryptocurrency charts, currently trading at $0.018. It has seen a hike of 6.23% in the past 24 hours.


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Tron (TRX) Debuts on ChangeHero – the Instant Cryptocurrency Exchange

The Tron blockchain is quickly growing and adapting to the distributed ledger technology ecosystem and making its presence felt around the world. Now its native crypto asset TRX will be available for trade on ChangeHero, an instant crypto exchange. The exchange has opened a new TRX and US dollar trading channel for its users, which is live now. Anyone interested in buying TRX can do so via their credit card on this platform.

Buying cryptocurrencies with credit cards is often a problem for cryptocurrency investors. The lack of transparency in centralized crypto exchanges and banks’ aversion of these exchanges have led to difficulties for retail investors who wish to participate in cryptocurrencies.

On some exchanges, users first need to buy Bitcoins and then convert them to altcoins, making the crypto-buying process longer. With ChangeHero, they can use credit cards and transact in TRX directly with US dollars (USD). In a blog post, Tron said that the exchange could provide “users using USD with secure, fast and stable TRX transfer, and purchase services.”

ChangeHero is an instant exchange that provides the “fastest assets swap,” according to the blog post. The platform lets users make crypto-to-crypto transactions as well. Currently, it supports 100 coins but plans to add several more in the future.

Tron suggests that ChangeHero is an easy-to-use platform that helps users make crypto transactions in five simple steps. The sign-up for the website is free and provides anonymity to the users as it doesn’t collect personal data. The exchange doesn’t impose any use limitations for the users.

The website works by scouring over ten exchanges and finding the best rate available. The platform currently supports nine languages. Additionally, it offers 0% commission on all their partner coins, regardless of the exchange. Tron users, therefore, will get a sweet deal from the platform.

Tron recently launched the official version of the Tron Virtual Machine, which makes it in direct competition with Ethereum Virtual Machine for hosting DApps on its blockchain ecosystem. Meanwhile, Tron prices are facing a setback globally. The 13th largest cryptocurrency in the world has experienced a 16.62-percent drop in prices in the past 24 hours after reports that Goldman Sachs has dumped its plan to start a crypto trading desk.


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When Is the Tron Price Recovery Going to Hit?

Despite recovering 51% of its value since the dip of August, Tron (TRX) is still lagging some way behind its altcoins competitors. The launch of the Tron Virtual Machine (TVM) at the start of September didn’t register a blip on the performance of the TRX coin, and despite the constant flow of headlines surrounding founder and CEO Justin Sun, media attention ultimately hasn’t strengthened the coin price.

Here in early September, the previous month’s price movements reveal a lot about the broad market sentiment. As it stands Bitcoin is up 11.5% over the last thirty days, rising from the $6,500 range to around $7,300.

Compare that to Tron’s performance over the month and it’s easy to see why many are adamant that an altcoin cull is on the horizon. TRX is currently down 48% for the month, falling from $0.049 to $0.0254. That’s predominantly for the month of August alone, while taking the marker back to May leaves Tron nursing losses of close to 75%.
But Tron isn’t really competing with Bitcoin at this time. You could also say it isn’t really competing with Ethereum, but for the sake of the comparison we may as well use the platform that Tron aims to emulate. The ETH/USD pair is down 26% for the month, with one ETH priced at $385 at the start of August. That means that Ethereum, despite its own troubles, is currently recovering at almost twice the rate of Tron.

Other altcoins are outperforming both Ethereum and Tron, with Ethereum Classic (ETC) only on 5% losses for the month. Ontology (ONT) has gained 4% for the month, while VeChain (VET) is currently up 30%. All of these alts felt the surge of some big news in August, with Ethereum Classic being added to Coinbase, VeChain conducting its long awaited token swap, and Ontology going live on its own blockchain after its departure from Ethereum.

The latest round of TRX PR material has focused strongly on the comparing Tron to its larger competitors. As Justin Sun tweeted out on September 1st:
“$TRX started Aug. with only 30,100 transactions a day. By the end of the month the avg. # of daily transactions was NEARLY 1/3 that of $ETH. #TRONis the fastest growing coin, this rocket ain’t stopping for anyone.”

Likewise, earlier today Sun tweeted out that Tron mainnet accounts have now surpassed the number on EOS – a coin with more than double the market cap.
So Sun might have a point when he says that Tron is the fastest growing coin, at least in terms of sign-ups to the mainnet. The increase to transaction numbers will have been helped by the recent rollout of the crypto-twitter tool, Seedit, but ultimately transaction volume doesn’t necessarily translate to coin performance in the marketplace. Just see Dogecoin for an example of that.

And that seems to be Tron’s problem at the moment, despite being one of the most talked about coin’s on Twitter, the chatter hasn’t translated to increased sentiment.


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Author: MaxPositives
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TRON Price: Mounting Pressure Signals Potentially Steep Correction

It would appear the momentum is slowly turning against the cryptocurrency markets as of right now. After multiple days of solid gains, that is not entirely surprising either. Most of the top currencies have already dipped in the red. Further down the list, it seems the TRON Price will continue to struggle for any sort of momentum as of right now.
AgentMile
Over the past week, all top cryptocurrencies noted gains. Some fared much better than others, but one always has to put things in their proper perspective. One somewhat disappointing tend pertains to the TRON price. Despite noting a gain of 11% over the past seven days, the current downtrend is getting quite worrisome in quick succession.

Over the past 24 hours, the TRON price has noted a 4.68% decrease. In this volatile world of market fluctuations, that is not something to overly concerned about right away. Even so, it shows the hype surrounding TROM is finally calming down a bit. This is despite major announcements regarding the acquisition of BitTorrent Inc and the subsequent departure of some key staffers.

In the Bitcoin department, TRON is not noting any positive momentum either. There is a 5.1% decline in the TRX/BTC ratio, and it seems things will not necessarily improve anytime soon. Similar to most other altcoins, TRON is losing ground to Bitcoin, even though there is no real reason for facing such setbacks. How this will evolve in the days to come, is rather difficult to predict.TIP

Despite the relatively high overall cryptocurrency trading volume, it seems obvious interest in TRX is not what it was a few weeks ago. One would expect very different figures after a relatively solid week of gains, but the opposite has come true for TRON. Its trading volume of $109.356m is not that impressive, albeit it is not disastrous either by any means.
Without Binance, the TRON trading volume would potentially look even worse. Thankfully, the company’s USDT and BTC pairs generate nearly 25% of all trades, separated by Rfinex’s ETH pair. Huobi and OKEx offer two additional USDT markets for TRON, further confirming there is no real fiat currency support to speak of as of right now. That may hinder the TRON price recovery plans, assuming there is such a thing.

It is evident the momentum on this Sunday afternoon and evening may not remain as bullish as it was earlier in the week. A small correction can do wonders for the market, as a lot of gains have been noted across all cryptocurrencies. That trend was bound to hit a snag at some point, and it is perhaps good this correction is taking place right now. For the TRON price, the coming hours will be crucial.



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Peoples Token

TRON Price Prediction 2018

Tron Price Prediction 2018
Okay, I’ve given the factors I’m looking at in terms of TRX. I think this article, as well, covers the recent news and tech items from TRON that are outside of price prediction but obviously tied to it. A coin needs to perfrom and progress (or should need to anyway, though this market is still heavily irrational) to see its coin retain value.
LIONBIT
So where does TRX land?
Let’s start with the hardest one, pure USD price. I think TRX has a ton of momentum going for it. I think trading pairs, especially if we see CNY enter the equation, could really blow this thing up. China adds even more intrigue of possibility. I see TRX going up. And in the next 5 months, I could see it going as high as $.065–or six and a half cents. That’d be a strong recovery from this point, but just a bit above where it was in May 2018. That’s achievable, and would give TRX a market cap of over $4.2 billion (based on current circulating supply numbers), a bit higher than EOS is at current moment (and I think TRX has more momentum for usability than EOS at the moment).

Next, Satoshis. So where does TRON/TRX come in in relation to BTC by the end of 2018? Well, we’d have to predict where BTC gets to, a whole other article and something that’s been covered by experts at all angles. Estimates are anywhere from $1 to $25,000 that I’ve seen, which I think are both highly unlikely of course.

TIP

I’m bullish on crypto and BTC making a comeback, but I don’t see it making the bump that I see in TRX (200%+) in 5 months. So I think BTC will settle somewhere near $8k-$11k through the rest of the year; so I would see a Satoshi range of anywhere from 590 sats to 825 sats. I think it will be a year or two more for coins to seriously move away from BTC so if a coin like TRX starts to make serious moves, it will be bullish for crypto at large, likely moving BTC up. Of course, vice versa is very true as well.

And lastly, TRON price as compared to the entire market. Right now, TRON represents less than 1% of the total market (somewhere around .07%). I do expect TRON to outperform the market at large, but the other factor is new coins entering the market, and many of those will come on the back so large ICOs, bringing in more millions to the market. SO even if TRON outperforms current coins by 5%, it could be equalized by ICOs. ICOs raised $6.3 billion in just Q1 of 2018 alone (surpassing all of 2017), so it needs to be considered.
Still, if I think TRX is due for the bump that I predicted in pure USD price, it will outpace the market even with the new influx. So my prediction is that by year’s end, we’ll see TRON occupying somewhere from 1.1-1.4% of the total crypto market (which would be something like a $375 and $525 billion market, in line I would think with the 8k-11k BTC).


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Tron (TRX) Up 13%, Edges Out IOTA

Five hours ago, the crypto exchange known as BITBOX announced it had listed Tron (TRX). Due to the listing, TRX managed to surge in the markets by 13.18%.
LIONBIT

Justin’s and BITBOX’s Airdrop Offer
Justin Sun would also offer an airdrop on the exchange for one lucky winner who will receive 30,000 TRX.

~In the tweet, Justin Sun stated the following:

“”Airdrop happening now on BITBOX! 9,000,000 $TRX available I will randomly pick one winner that will receive 30,000 #TRX
Justin’s airdrop is an addition to an existing one that was launched by BITBOX with the new listing of TRX. The airdrop will began today, the 15th of August at 1am UTC, and will end on the 22nd of August at 00:59:59 UTC. The BITBOX airdrop is divided into 4 categories as follows:
Sign-up Event
First 2,000 new sign ups on BITBOX will receive 2,000 TRON on a first-come-first-served basis.

Deposit Event
– Deposit up to 50,000 TRON and earn 2% daily on your deposits
– Max. daily earnings: 1,000 TRON (assuming max deposit of 50,000 TRON is made)
– Max. total earnings: 7,000 TRON (assuming max deposit of 50,000 TRON is made and held for the whole event of 7 days)
– Max. total earnings (%): 14%

Trading Event
– Earn 2% on all your TRON trades, up to 600,000 TRON worth of trade volume.
– Max total earnings: 12,000 TRON (Assuming trades of 600,000 TRON or more made during event period)

BITBOX Twitter Retweet Event
Follow BITBOX’s official Twitter account and retweet selected BITBOX tweet to stand a chance to win TRX airdrop. The more retweets, the higher the prize.””

TIP

With the new listing on BITBOX, Tron (TRX) has managed to edge out IOTA in the crypto markets and according to market capitalization. The difference in market cap between the two coins stands at $12 Million but this is much needed news for the Tron community.



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Tron (TRX) Price Watch: Which Way Will It Break Out?

Tron Price Key Highlights
Tron has formed lower highs and higher lows to create a symmetrical triangle pattern.
Price just bounced off the top and may be due for a test of support soon.
Technical indicators suggest that there’s a chance for support to break and lead to a selloff.
Tron is consolidating in a symmetrical triangle pattern and might be due for a break below support.

Technical Indicators Signals
The 100 SMA is below the longer-term 200 SMA to signal that the path of least resistance is to the downside. In other words, support is more likely to break than to hold.

Price is currently testing the 100 SMA dynamic inflection point and it seems to be holding as support, though. Also, the gap between the moving averages is narrowing to signal slowing bearish momentum. An upward crossover could even draw buyers back in.
RSI is still pointing down to confirm that sellers have the upper hand and could push Tron price to the bottom of the triangle around 0.0350. Stochastic is also moving south so Tron could follow suit, but the oscillator is also nearing oversold levels to indicate bearish exhaustion. Turning higher could bring bullish pressure in and lead to a test of the resistance at 0.0380.

A break below support could spur a drop that’s the same height as the triangle pattern, which spans 0.0310 to 0.0420. Similarly a break past the top could lead to a rally of the same size.

TRXUSD Chart from TradingView
Tron has been keeping its head afloat these days thanks to confirmation that the TRON Foundation did acquire Bittorrent. Although the details of the acquisition and company plans are still fuzzy, there seems to be enough investor optimism surrounding this to prevent further declines in Tron price.

However, the dollar is also proving to be a tough contender as easing trade tensions and expectations for a strong Q2 GDP are currently propping it higher. Profit-taking in recent rallies has also kept a lid on Tron price gains lately.


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Stay bullish on Tron: Here are three reasons why!

Tron’s Tronix currency is currently at $0.03941, even though its valued increased excellently in the last couple of days, but still, it’s way down from where it was last January. But that’s not a problem inherent to Tronor Tronix (TRX) but to the whole market. Every single coin has lost a lot of ground during the year. But some of them are undervalued, and some other could be at their correct level.



Tronix (TRX)is among the most undervalued digital assets in the world, but it holds a lot of promise in long-term. It’s doing everything right, and it will go through the roof sooner or later. So there’s every reason to stay bullish about it but, just to keep things short and readable, I will give you only three.

The Main Net is here, and it works!

After months of anticipation Tron’s new Main Net was launched and it was a resounding success. EOSalso released its new Main Net around the same time, but there was a vast difference between both launches: Tron’s went smoothly, and EOSwas a colossal mess, plagued with bugs and flaws, so it had to be delayed several times over.

It’s not just that it works. Users have attested after the launch that the new platform delivers on all of the promises Justin Sunmade way before the release date. Let’s remember that when Mr. Sun tweeted the features and specifications, the new Main Net would feature he didn’t only face a lot of skepticism, but he was also mocked and attacked, primarily by the leaders of other blockchain projects who claimed that those specifications were either impossible or just too good to be true.

Ethereumtook particular offense to that. Now users are tweeting about how fast, how reliable and how cheap everything is. They are vindicating every single promise Mr. Sun made. This fantastic success will boost Mr. Sun credibility, the foundation’s, and the coin’s.
One more thing to consider is that the new Main Net’s job is not just to support the TRXcurrency but also to be a blockchain operating system that enables developers to create decentralized applications. This is not to be underestimated as good apps will bring about new users that will be using and demanding Tronix either implicitly or explicitly.
Tron’s new platform has been great news however you might want to look at it yourself.

Justin Sun

The Tron Foundation has been around since last September only and in that short time its founder and CEO, Justin Sunis already considered one of the (if not only) most charismatic and relevant leader in the cryptosphere.

His track record as a businessman is beyond doubt. He founded Peiwo which is the most popular messaging application in China and some other Asian regions. He’s a close friend of Alibaba’sJack Ma, who was his teacher and protector at his own university.

Mr. Ma has an instinct for flare and marketing that is simply unmatched by any other leader in the blockchain community. The perfect mix of power nerd and entrepreneur. But more importantly: so far, Justin Sunhas delivered on every single promise he’s made, and some of them were incredibly bold and seemed like just a marketing ploy. They weren’t.

There’s every reason to believe that Mr. Sun’s leadership will keep the already enthusiastic Tron community tight and happy, and the project moving on.
Rest assured that TRX’s price will go up sooner or later if Justin Sun in person has to drag it there.

The Tron community

Did you know that TRX is currently held by more than 426,000 people in sixty different countries? The community is vast, more significant than most others but that’s not all. It’s united, it’s enthusiastic, They are all using the TRXcoin in trades and to pay for goods and services (if possible) because they understand that such is the way in which a project like this can really take off big time.

The sheer size of this community implies that the Tronblockchain will never be short of developers and new decentralized apps and as those apps get released and prove their usefulness that, in turn, will bring about new community members and demand for the TRX asset.

This is the kind of digital community that can keep a project going when things stall, but also to make it incredibly prosperous when things go their way.

So don’t let appearances deceive you. Tron’s current low price (yes it increased in the last couple of days but it is still undervalued) is not a sign of failure, it’s an opportunity to get into the game at the best possible moment.


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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Here is Why Binance is Key to Tron (TRX) Getting to $1

Tron (TRX) HODLers who are also users of the popular cryptocurrency exchange of Binance have been waiting patiently for the resumption of deposits and withdrawals of TRX on the platform ever since the token migration officially began on the 21st of June this year. Binance and the Tron Foundation have offered apologies for the delay and further stating that regular services on the exchange will resume sometime this week.



In the announcement via their medium page, the Tron Foundation stated that:

“The technical teams on both sides are working closely to push forward the migration. Deposit and withdrawal services are expected to be provided within the next week.
We would like to extend our sincerest apologies for keeping you waiting, but we are also kindly asking all TRON supporters and Binance users to remain patient. We are continuously working towards building a global ecosystem. Thank you for your support and understanding.”

So why is Binance key in breaking the current TRX price decline?
To begin, the value of TRX has plummeted since the Tron Independence Day. TRX is currently valued at $0.033 and down 9.33% in the last 24 hours (at the moment of writing this). TRX has also dropped from the number 9 spot on coinmarketcap.com to the number 12 slot. IOTA and NEO have zoomed passed TRX.

The TRX trading on Binance represents a total of approximately 20% of all the TRX traded globally. The number one spot goes to BitForex.com with the exchange handling 33% of all the TRX traded worldwide. BitForex has resumed TRX withdrawals and deposits, but the market response is still minimal. The extra liquidity of TRX brought about by Binance resuming deposits and withdrawals, will add to the demand of the coin in the crypto-verse. This means that with full functionality, Binance will assist TRX in regaining its number 9 spot on coinmarketcap.com and even facilitating at top 5 finish by the end of 2018.

A second reason why Binance is key to breaking the current TRX price decline is that the exchange is currently handling the highest daily trade volume of any exchange. Binance is handling a total of $1.124 Billion in trade volume at the moment of writing this. This means TRX will get more trade action once deposits and withdrawals resume. Binance has also instituted a TRX trading competition worth 10 Million in TRX to entice more TRX trading.
Lastly, the solid partnership between Binance and the Tron Foundation has resulted in the former guaranteeing permanent TRX token migration until the last TRX token is converted. This means once again, Binance is the focal point of TRX token migration after the Tron Independence Day.

Summing it all up, the crypto exchange of Binance will play a big role in TRX trading activities since the exchange announced it will support permanent token migration for the foreseeable future. With the resumption of TRX deposits and withdrawals sometime this week, the price of our favorite coin of TRX will no longer be as low as it is right now. Another way of viewing this is seeing the current low TRX value as an opportunity to get some more TRX in the crypto markets.


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