One thing is never going away but instead steadily increasing each day. What’s that? We hear you ask — the developments and updates from the Tron foundation. Besides, as much as they are meant to push the 11th slot crypto high up the chain, they are giving significance to the integration of the digital assets with the mainstream financial as well as economic markets.
World’s First TRX Marketplace Created
Another exciting development has flown in and its good news for all crypto users.
Crypto users will now be able to witness the world’s first TRX market founded by Coin Tiger. The digital asset exchange platform decided to improve on progression other than the mainstream currency markets like BTC and ETH by introducing a new market with decent popularity and liquidity.
The relationship between CoinTiger and Tron has been outstanding for some time now given the fact that TRX is the first asset that CoinTiger listed since its establishment.
The specific pairs for the TRX market include ETH/TRX, EOS/TRX, XRP/TRX, LTC/TRX, XLM/TRX, BTT/TRX trading pairs.
The Giveaway
Meanwhile, there’s something in the process for users to smile about.
Tron and CoinTiger joined forces as well to host a giveaway airdrop of 1,000,000 TRX and 3,000,000 BTT tokens for the users.
The first activity will involve 1,000,000 BTT for net deposits – and users with deposits (minus withdrawals) of above 1,000 TRX made during the activity period will spill the pool (1,000,000 BTT).
The second activity involves 1,000,000 TRX and 2,000,000 BTT for the trading competition. Top 50 traders will have the opportunity to share a pool of 800K TRX and 1 million BTT based on a proportion of their trading volume against total trading volume of top 50 traders during the competition period.
Top 51 and below will share the 200K TRX and 1 million BTT prize pool. Basically, the more the trading volumes, the more the rewards.
TRON Running Riot
It’s the other day Tron founder and CEO Justin Sun revealed the launch of the TestNet which is expected to increase scalability by 100 times as well as lower the energy cost.
#SUNNetwork testnet on #TRON is scheduled to release on May 30 with unlimited 100X scalability and low energy cost! #BitTorrent #TRX $TRX #BTT $BTT https://t.co/IAQkMPhFhn
— H.E. Justin Sun 孙宇晨 (@justinsuntron) April 9, 2019
As if that was not enough, he furthermore released a circular on an expansion plan for the Sun Network which includes dApp sidechains, cross chain infrastructure as well as other expansion projects.
As the foundation plans to expand Tron network’s overall capacity and improve transaction speed, it’s evident that the network is running riot. As most may have predicted, it looks like 2019 is indeed the year for crypto.
Image courtesy of Pixabay.
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.