Tron, which has the symbol ‘TRX’, has been able to capture a significant output in a short period of time and attract the attention of those dealing with digital money.
Developed by blockhain technology managed by a young person, the coin has a large volume on Binance, a Hong Kong stock exchange. Many people are expected to make an explosion with Tron’s largest shopping site in China, Alibaba is said to be working on a deal. Already, Tron and his leading Justin Sun have achieved such popularity with the promise of the Alibaba project.
Here, one of the most popular Altcoin Tron’s tweets thrown by his followers in Turkey…
— Altcoin (@AltcoinCini) January 11, 2018
(Turkish TRON (#TRX) investors prepared a video for Justin Sun (@justinsuntron). )
— PerikLes (@PerikLesch) January 15, 2018
(Tron Will Come Back.)
— Eren Koçak (@erenkocak19) January 15, 2018
— Nikola Tesla (@KAPRUMANTU) January 12, 2018
— Kaan Akbulut (@kaanakblut) January 12, 2018
Tron (TRX) price rises 2% as crypto markets start to recover
The price of Tron (TRX) is up 2.1% today, as the blockchain gaming platform continues to recover from its 2019 low of $0.0124 on September 25. One TRX is now worth $0.0143. Currently, the coin is leading the market for the top ten coins by market cap, with Monero’s (XMR) 1.5% rise placing it a close second.
Tron has fared well over the last week, up 8%, as it continues to rebound from its sudden drop on September 24 as the entire crypto market crashed.
However, in the long term, the picture isn’t quite as rosy. Since Tron hit its yearly high of $0.0385 on June 26, it has dropped an astonishing 68% in a little over 3 months. While that’s not as big a drop as Algorand (ALGO), which fell by 93%, it’s still disappointing news for TRX holders.
Even worse, John McAfee is kicking them while they’re down. The antivirus software pioneer and crypto evangelist took to Twitter to needle Tron CEO Justin Sun for “announcing the announcement”—or building up hype and speculation before revealing a piece of underwhelming news.
But there is a glimmer of hope—Tron only needs a 5% pump to recapture its $1 billion market cap.
Bitcoin (BTC) and Tron (TRX) land support on Opera web browser
- Opera users can now send, receive and store BTC and TRX without the need to install an external wallet.
Opera, one of the leading browsers in the world has added support for Bitcoin (BTC) and Tron (TRX) on its Android version of the browser. The support is to ensure that the users of the browsers have secured access to more digital currencies. Opera boast of more than 200 million active mobile users around the world.
Data provided by StatCounter in September showed that Opera commands 2.5% of the internet browsers’ market. According to the head of the crypto department at Opera:
“The browser is the ideal candidate for integrating cryptocurrencies as it is the gateway to so many things in the user’s life.”
The support will simplify the process of transacting both BTC and TRX as it eliminates the need to install external wallets or wallet plugins. It also gives a gateway to the Tron Dapp ecosystem. Comment by Justin Sun, Tron’s founder said:
“We are proud to connect the largest, active blockchain ecosystem to the best web browser ever built.”
Support for Ethereum came first and it allowed users to send, receive and even store both Ether and ERC-721 crypto-collectibles.
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