Tag: Tron (TRX)

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Crypto

TRON (TRX) Moves Up To Secure The 9th Position In The Cryptocurrencies Market

TRON owner Justin Sun has tweeted that TRON is going to introduce a ‘TronVM’ virtual machine on May 25th. The engine is reputed to support the Ethereum (ETH) virtual machine. This comes in a moment when the approaching deadline for the implementation of the TRON’s core network is now counting less than 9 days and has caught the crypto enthusiasts attention.

At this moment, TRON (TRX) is traded at $0.079, registering an increase of about 5% in the last 24 hours.

TRON (TRX) moved up to secure the 9th position in the cryptocurrencies market

With a market cap of about $5.2 billion, TRX is securing the 9th position in the crypto market, ahead of IOTA (MIOTA) by about $400 million. Even more, TRON (TRX) seems unstoppable now and is heading towards Stellar (XLM).

Not surprisingly, TRX was one of the big gainers of the day, as it marked a gain of about 19% earlier today. On the other hand, this crypto coin is the only one in the Top 10 which registers gains, while all the other major cryptocurrencies are ‘downtrending’.

TRON community will strongly contribute to the TRX growth once the TRON’s Mainnet will be up and running

The TRON community strongly supports the idea that with each accomplishment within the system, shifts in crypto-verse are going to be of the utmost relevance in terms of accountability.

The TRON network has enhanced its TPS system with better features than that of Bitcoin (BTC) and Ethereum (ETH).

Its highly decentralized allocation system is on a par with the rise in its world ranking among the other cryptos. It is rumored that the introduction of TRON’s mainnet will unleash more than 1 million TRX owners who will actively contribute to the TRON (TRX) constant growth in market cap.

In the meantime, TRON devs got two new co-workers in the name of Marius Gill, a German DApp developer, and Sean Liu, an ex-data engineer at Gridsum.

The future looks good for TRX, definitely.

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Crypto

TRON (TRX): Tron Mainnet Blockchain Technology Operates At Speeds By 100 Times Higher Than Ethereum’s

Tron Labs, one of the entities behind TRON (TRX), claims its blockchain technology will be incredibly faster than Ethereum’s one, as it will be using a technology which will revolutionize the blockchain technology developing. In the opinion of Tron Labs, TRX’s mainnet network, which will be launched on May 31st, has now achieved test speeds which are “hundreds of times” higher than Ethereum’s blockchain speeds.

Expectedly, TRON (TRX) price will get a boost once the mainnet will be up and running.

Tron mainnet will enter a test stage right after its launch but is promising a next-gen infrastructure and lightning speeds

In a recent blog post from Medium, Tron argues that its platform will make it possible for the blockchain industry to break its reliance on Ethereum.

Because Tron is Java-based and provides a developer-friendly environment, the industry will be able to break with Ethereum and its low-efficiency network prone to congestion, high rates, and a strong learning curve. We will open the doors to a new phase of cryptocurrency focused on scaling and commercialization, providing the next-generation infrastructure and express lanes needed for the global development of dApp.

Tron Labs

Tron is saying that once it has released its mainnet, it will be in a test stage from June 1st to June 24th. Thereafter, Tron will be conducting its ” Super Representative Election “, scheduled for June 26th, to elect the agencies and persons that will be empowering the core of the Tron Net.

TRON (TRX) price – How is TRX doing as we’re getting closer to the mainnet launch?

At the moment of this article, TRON (TRX) is trading at $0.080 after losing about 1.88% in the last 24 hours. Yesterday, TRX closed at $0.081. In fact, TRX is in continuous decline since the last day of April when TRON (TRX) closed at $0.0937, which was, actually, the highest value TRX has ever achieved against the USD.

It is expected that, as we move closer to the launch of the Tron mainnet, TRON (TRX) price to go up.

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Crypto

Tron (TRX) Fell Back On #10 In Cryptocurrencies Market As IOTA (MIOTA) Stormed To #9

Between the Testnet and the next release of Mainnet, Tron (TRX) will have numerous events and new plans for the Q2 2018. Aside from the technical aspects and plans, the Tron (TRX) currency has also performed brilliantly during the last couple of weeks. But earlier, Tron (TRX) dropped on the 10th position in cryptocurrencies market, as IOTA (MIOTA) stormed to the 9th position, in just a few hours.

TRX has succeeded in maintaining its clients’ satisfaction at high levels with the ongoing price escalation. From the 12th place at the beginning of last month, TRX has achieved the 9th rank among all the cryptocurrencies in the world, after a sequence of skirmishes with NEO (NEO) and, since then, it shows continuous appreciation in its value against the USD.

Tron (TRX) fell back to the 10th place losing ground before IOTA (MIOTA)

Unfortunately for TRX fans, as I’ve said above, Tron fell on the 10th position. Despite its gains of about 28% it recorded earlier today, TRX dropped by about 26% in the last few hours but still keeps itself on ‘green’ against the USD.

IOTA (MIOTA) stormed to the 9th position, leaving Tron behind which settled on the 10th place in the cryptocurrencies market. Apparently, the announcement that MIOTA will be listed on Cobinhood cryptocurrency exchange helped a lot in coin’s gains of today, as IOTA (MIOTA) managed to soar by 18.4% in the last 24 hours (at the moment of this article) reaching to $2.22.

At the moment of this article, Tron (TRX) is trading at $0.090 scoring only a 1.86% increase compared with its value 24 hours ago.

Apparently, IOTA (MIOTA) managed to secure the 9th place for the moment, at least, with a market cap of about $6,17 billion, with more than $170 million than Tron (TRX) which is closing to a market capitalization of $6 billion and most probably it will be able to hit this level soon.

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Crypto

Tron (TRX) Is The Biggest Gainer For Today As Its Mainnet Launch Gets Closer

Justin Sun, the founder and the chairman of Tron (TRX), has started the countdown for the release of Tron’s Mainnet, set for May 31st. Following the highly acclaimed release of Testnet, the team is now gearing up for the long-awaited rollout of the Mainnet.

The Mainnet arrives with the migration to the ERC20 token which is slated for June 21st. Following this fruitful move, Tron will become a prospective contender for Ethereum (ETH), according to Justin Sun.

Justin has just tweeted:

Tron Main Net launch countdown: 31 days, 744 hours, 44,640 minutes, 2,678,400 seconds!

Tron (TRX) grabbed the 9th position and hold on it, as NEO (NEO) dropped

TRX has skyrocketed in terms of market capitalization and value in the run-up to the forthcoming highly significant elections and release of Mainnet.

The whole cryptocurrencies market has tied the success of TRX to the release of Mainnet to a significant degree.

TRX had entered the top 10 list ranking in 9th position yesterday just before falling back to the 10th place. In a matter of hours, TRX rose once again to retain its 9th position and remained steady on the 9th place in the cryptocurrencies market, defeating NEO (NEO).

Tron (TRX) is the single double-digit gainer among the top 20 cryptocurrencies, at this moment

At the moment of writing this article, Tron (TRX) is trading at $0.099, registering a 16.49% increase in the last 24 hours and reaching to a market cap of approximately $6,42 billion, securing, for the moment, the 9th position in the front of NEO (NEO).

Today, the cryptocurrencies market presented a negative trending which ‘contaminated’ almost every coin on the market. Despite this massive drop in the market, TRX settles, as we speak, on the second position by gains, behind the lesser-known Aelf coin. However, TRX is the biggest gainer among the top 10 cryptocurrencies and this means a lot to it.

In conclusion, as we get closer to the Tron’s Mainnet release, Tron (TRX) will register gains. It would be interesting to see how much this coin will increase on the cryptocurrencies market in terms of both market cap and value against the USD. However, TRX is a promising coin which might indeed go to the Moon, eventually.

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Crypto

NEO (NEO) Lost The Race Against Tron (TRX) – NEO Gained 11% Just To Drop To -1.22% In Just A Couple Of Hours

NEO is one of the top 10 cryptocurrencies in the world and its figures were upbeat today. The majority of the analysts of the cryptocurrencies market state that the full value of NEO (NEO) remained yet untapped and they hope NEO will achieve this in the upcoming 3 to 5 years. NEO is a nonprofit community-driven network initiative that seeks to deliver an accessible and widespread network for a smart economy.

In terms of its behavior in the cryptocurrencies market, NEO (NEO) ranked in the list of the lowest performers, as it dropped to the 10th place in the current upturn of the market.

It is now still on the descent as being in line with the other top 20 crypto coins, registering a 1.22% decrease in the last 24 hours, at the moment of this article. Accordingly, NEO (NEO) is now trading at $86.46 and has raced against Tron (TRX), as they were both seen switching their ranks in the last 24 hours or so.

NEO (NEO) Vs. Tron (TRX) – NEO has lost the race against TRX for the 9th position

NEO (NEO) has been rising by 19% over the last week and it has been doing this until a couple of hours ago when the crypto started to drop. Tron (TRX), on the other hand, which ran on an identical track, seized NEO (NEO) checkpoint yesterday to claim the 9th position but dropped to 10th in just a couple of minutes.

In this tight race, TRX claimed the 9th place from last night, driving NEO to 10th, regardless of the great gains the latter has registered earlier today. NEO’s present market capitalization is about $5.6 billion, while TRX assumed a market capitalization of $6.5 billion. Apparently, Tron (TRX) won the race against NEO (NEO) for the 9th position, at least momentarily.

As you look at the whole cryptocurrencies market, the crypto coins’ prices have been falling to the negative side as of yesterday, whereas just a handful of cryptos have been rising and the gainers’ portfolio for today contains NEO (NEO), Tron (TRX), and some other 5 top 20 cryptos, despite the drop NEO experienced earlier.

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