People expected that there will be a price rise post MainNet launch. April was a bullish month for Tron– the price increased by 260%. Since then it just went down until recently, the cryptocurrency saw a slight positive spike on June 18, which brought the this price up from $0.041 USD to $0.051 USD.
Team Tronics uploaded a video on Twitter which explains how fast the transactions are being carried out. It explains that the transactions are carried out in seconds time that indicates the website is fast and user-friendly at the same time.
TRON’s current market cap value is 2.3 billion with a price of $0.035. But in the past 24 hours, TRON saw a fall of 7.41%.
Recently Binance conducted the Tron trading competition that took place from June 29 at 00:00 am, to July 7 at 00:00 am (UTC). Reportedly ranks were given to the users in terms of the total TRX volume traded on their Binance account. It includes both buys and sells, across all the TRX trading pairs during the period of competition. According to the Binance official website the special prize is 2,000,000 TRX, the top trader will be awarded 2,000,000 TRX. After the news breakout it was trending positively in the market.Crypto investors are feeling skeptical about the current scenario and some of them are still questioning when Binance will resume trading of this coin.
A mechanical engineer turned journalist, Shekar takes a keen interest in the study and analysis of cryptocurrencies and blockchain strategy. With the cryptocurrency world blooming in the recent days, he finds great interest in monitoring their growth and gathering every possible piece of information about them. He works as a crypto-journalist for the website Peopleperbitcoin.