This article was edited by Samburaj Das.
Tron (TRX) Price Skyrockets 31% in 4-Day Blitz; What's Next?
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Justin Sun Brags About 1M Twitter Followers, Thousands of Which Appear Fake
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It's not just crypto exchange data that's being manipulated. Tron Founder Justin Sun recently bragged about his popularity on Twitter, saying he was the "first one in [the] crypto world to break through 1 million" followers. Indeed, Sun's Twitter profile displays 1.01 million followers, which surpasses those amassed by many of his peers, including chief rival Ethereum Creator Vitalik Buterin, who...
Tron (TRX) Jumps 8.5% in Market-Wide Upswing as Bulls Start Running
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Tron's TRX jumped 8.5-percent against the US dollar per its 24-hour adjusted timeframe. The TRX-to-dollar instrument (TRX/USD) was trading at 0.023 by 1400 UTC, down 4.16-percent from its intraday high. In contrast, the pair had dropped massively during Monday's trading session, establishing a lower low towards 0.021. However, a market-wide upside correction saw to TRX/USD revival during Monday's...
How Tron (TRX) Outperformed Top Cryptocurrencies on Bear Monday to Jump 16%
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Tron (TRX) opened this week in positive territory in an otherwise bearish day for cryptocurrency market. The Tron-to-dollar exchange rate (TRX/USD) surged as higher as 0.029, a 16% up from the Monday's open. However, the pump followed a correction action, setting lower highs on every downside move in an hourly chart. TRX/USD located interim support at 0.026. As of 1300 UTC, the pair was...
Bitcoin Price: Technicals Say 'Sell!' Despite Wider Crypto Market Recovery
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The cryptocurrency market experienced a minor-to-moderate recovery on Wednesday, but that doesn't mean the mood has turned bullish. The Bitcoin price's technical factors still favor selling, even as the asset pushes back toward $3,500. In the altcoin markets, Bitcoin SV has continued its long-running slide from glory over the past few days of trading. At present, a single BSV coin is worth less...
TRON Cryptocurrency (TRX) Plows into the Green as Bitcoin Price Stagnates
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After a continuous flow of positive news from the TRON Foundation, the TRX coin is outpacing the rest of the top 35 currencies with 24-hour growth of over 7%. Bitcoin (BTC) is up less than 1% today. TRON has reported anything from achieving major blockchain milestones to an ever increasing number of dApps on its chain in recent weeks. What might be triggering TRON’s current rise, however, is that...
Justin Sun Reacts To Claims TRON Cryptocurrency Tech is 'Garbage'
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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: BitTorrent: The OG in P2P, 1B+ users, bringing P2P to mass market. eDonkey, founded by...
TRON Hits New Milestones: 1 Million Accounts and 100 Million Contracts
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TRON founder Justin Sun’s plan for blockchain domination seems to be going well. The TRON blockchain now has over 1 million user accounts and has reached over 100 million contracts recorded. The number of TRON addresses, or users, is growing by between 10,000 and 40,000 per day. According to tronscan.org TRON, user address growth now looks like this: It’s good news for TRON but Ethereum addresses...
Major Cryptocurrency Exchange Binance Lists Ripple’s XRP as a Base Pair
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Crypto exchange Binance has added Ripple’s XRP as a base currency on the exchange. With this announcement, it means that XRP will now be used more as a primary asset that can be used to make purchases of other cryptocurrencies listed on the platform. Although some minor digital exchanges have already added XRP with other altcoins and fiat currencies, this will mark the first listing of its kind...
Waves Surges into Top 20 Coins as Wider Crypto Market Stumbles
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Since the end of November, the Waves coin (WAVES) has bucked a market trend and risen in price by over 150%. The cryptocurrency has not only risen to a price, at the time of writing, of $2.49 per coin but as bitcoin price falls, WAVES value against bitcoin (BTC) is also growing. The Waves cryptocurrency today, for a short time, entered the top 20 coins by market capitalization but has since...
LINE Launches $10 Million Token Venture Fund, Lists TRON on Crypto Exchange
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Japan’s largest messaging app LINE has established a new corporate token venture fund with $10 million in capital for startups in the blockchain and crypto industry. With over 600 million registered users and 200 million monthly active users worldwide on its messaging app, Japan’s LINE announced its entry into the cryptocurrency space after filing to register and launch a crypto exchange in Japan...
Tron Price Drops Off Cliff Despite Excitement over Mainnet Launch
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The Tron price has dropped over 20% in the last seven days. This comes after Tron launched its own new mainnet protocol called Odyssey 2.0, which separated it from the Ethereum chain, as CCN reported. The launch of the mainnet on May 31 was a decision to exit Ethereum's "archaic gas burn mechanism and high gas fees" in addition to in-fighting about community governance, according to an...
Tron Begins Transition to Its Own Blockchain
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Tron (TRX), the tenth-largest cryptocurrency, has begun the transition from the Ethereum network to its own public blockchain. The Tron mainnet -- dubbed Odyssey 2.0 -- officially launched on May 31 at 12 am UTC, initiating the first step in moving the $4 billion cryptocurrency to an independent network. The network will remain in beta for most of June, providing developers with the opportunity...
Tron Price Surges 11 Percent Ahead of Mainnet Launch
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The Tron price posted a double-digit percentage rally on Monday, as the much-hyped project moved within 10 days of its official mainnet launch. Tron Price Posts Double-Digit Rally The TRX token had entered the day trading close to $0.0685 on Bitfinex, after which it began a steady rally that quickly carried it past the $0.07 and $0.08 thresholds in quick succession. At one point, the Tron price...
Bitcoin Price Dips Below $9,000 But Tron and Verge Continue to Record Gains
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The bitcoin price has dipped below the $9,000 mark, recording a 4 percent drop in value overnight. Despite bitcoin’s struggle, several tokens including Tron (TRX) and Verge (XVG) have recorded major gains over the past 24 hours with XVG demonstrating a 10 percent increase in value. Best Performers: MANA, XVG and Tron The best performers of May 1 are Decentraland (MANA), Verge (XVG), and Tron...
Tron Price Posts 15% Rally, But Is a Rumor to Blame?
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The Tron price rallied by 15 percent on Monday, defying the sluggish performance of the overall cryptocurrency market. Tron Price Makes 15% Advance in Defiance of Sluggish Market The cryptocurrency market cap shed $4 billion on Monday, continuing a reversal that began on Sunday. Eight of the 10 largest cryptocurrencies fell against the US dollar, while another -- Ethereum -- rose just one-half-of...
Bitcoin Back to $8,250, Ethereum and ERC20 Tokens Secure Momentum
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Alternative cryptocurrencies (altcoins) and Ethereum have outperformed bitcoin over the past 24 hours, the most dominant cryptocurrency in the market, over the past two weeks. The valuation of the cryptocurrency market has rebounded to $346 billion, moving closer to the $400 billion region. Altcoin Season In periods of extreme volatility and uncertainty, investors tend to incline towards an asset...
Tron Price Climbs 25% in a Day
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Tron has jumped 25% in price against the dollar. Tron's TRX tokens were trading for $0.045 yesterday, with the price jumping to $0.056 earlier today. The move places Tron as the fourteenth most valuable cryptocurrency in terms of market cap, with a total valuation surpassing $3.4b and overtaking Ethereum Classic. It's possible that the price increase followed the news that the virtual currency...