Today’s market status looks sunny for all the cryptocurrencies as everyone in the crypto-verse (except few) is trending in green, which indeed is a sigh of relief for all the project enthusiasts and authorities.
To talk about Tron, the 8th largest cryptocurrency in the world, if to be named as “warrior”, would not be inappropriate. It is just so, where all the other crypto-currencies were struggling in the bearing trend since the mid of November, Tron not just fought gallantly but also the developments it made and landmarks it achieved during that period to ensure its reliability has started to pay off well.
The past eight weeks have been great for Tron where it has made almost up to 160% gains. Remember, it is that time when bears have had a tighter grip on all the other giants of the crypto-market let alone Bitcoin. This magnificent stride clearly indicates that Tron is experiencing very positive momentum in the crypto-verse.
Just a couple of days ago, Weiss Rating, the independent rating agency which we all know became a substantial name in the crypto-sphere made it public stating, despite the fact that we used to criticize Tron pretty harshly, it has proven its massive popularity in the world.
To talk about the latest achievement for Tron; the day before yesterday BitBns, one of the renowned exchange from India announced that they are going to launch the USDT trading pair for Tron. In its release on Medium, they made it public that the pair will be live from 08:00 PM on 29/01/2019 (that’s already a done-deal, obviously).
BitBns, which didn’t have crypto-to-crypto trading feature until a couple of weeks ago, in response to the ban imposed by RBI (Reserve Bank of India) on Indian crypto companies for using banking services, took the initiative by adding 3 trading pairs with Tether (USDT). The newly announced pairs were USDT-BTC, USDT-XRP, and USDT-ETH. The company had also promised to add more pairs soon. Launching USDT-TRX pair is the fulfillment of that promise.
In its release, BitBns also hinted at its one of the visions for 2019 – to better themselves in making crypto trading effortless and simplistic. They believe that these launching of pairs with Tether is going to bring their vision on the achievable sight.
Tron’s stride at the moment
As we mentioned in the beginning, today’s been slightly good for the digital market so far (hope will continue to be the case). Where every other digital asset is progressing and recovering from the brutal lost, they have had in the recent days.
Tron is down by 1.42% in the past 24 hours, but Justin Sun-led cryptocurrency is not too far from securing the 7th spot from LiteCoin. At the press time, Tron is available for trade at $0.0272 and has a total market capitalization of $1.818 billion.
Image courtesy of PixaBay.