Tron’s development roster is again on the uptrend with KuCoin, a popular cryptocurrency exchange revealing that the organization will be adding the TRX trading market on its platform. The exchange is slated to add the Tron trading market pairs on October 21 at UTC 10:00.
Users on the platform were quite excited with the new trading prospects as shown by DainsGames, a Tron enthusiast who tweeted:
“awesome! @bituniverse_org hop on this! I need a bot to grow much $TRX! and infinity grids while your at it?”
KuCoin has always been an ardent supporter of Tron, and the latest trading market addition is just one of many features that it has garnered over the past couple of months. At publishing time, Tron was trading for $0.015 with a total market cap of $1.03 billion. TRX held a 24-hour market volume of $632.34 million after a 0.79 percent increase in value during the 24-hour time frame.
Tron was also in the news recently when Justin Sun, the CEO of the Tron Foundation, announced that as per the latest DApp Review report for October 13-October 18 showed that Tron’s trading volume on dApps had exceeded that of Ethereum. Sun’s tweet read:
“According to @dapp_review, the total trading volume of #TRON for the past 7 days reached 68,504,852 #USDT, which is almost 2X as much compared to #ETH (about 35M). #TRON #DApp ecosystem will become more stronger with your participation! Join us both as developer & user! #TRX $TRX”
Further analysis also showed that there was a substantial increase in Tron’s trading volume in a span of just a day. The difference in the volume on the 16th and 17th October was 1,806k USD. Despite holding such a healthy lead in the trading volume, Tron was still behind arch-nemesis Ethereum when it came to the total number of unique users and accounts. The Foundation had tweeted:
“According to Q3 @dapp_com Market Overview-User Analysis, #TRON ranked #2 with the number of 915,894 total unique users, and 3,724,307 #MainNet addresses which is only behind #ETH. We always welcome more developers and users to join the TRON #DApp ecosystem! #TRON onwards!”
Disclaimer: The presented information is subjected to market conditions 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.
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