Tron and Justin Sun, the CEO and founder of the Torn Foundation, have always been at the forefront of cryptocurrency news generation, and with the advent of new updates every day, the pattern just seems to continue. Today, on November 8, Sun tweeted that the TRX token was now available of Hydax Exchange, with holders of the token having the option of trading in TRX/USDT and TRX/BTC.
Over the past couple of weeks, the 11 pace cryptocurrency has seen several updates and listings, mostly focussed on making TRX a cryptocurrency to be reckoned with. Despite the additions, the price of the cryptocurrency does not seem to have affected much as TRX was also stuck in the bear slump, just like the majority of the cryptocurrency market.
At the time of writing, the value of TRX had fallen by 1.58 percent, and the cryptocurrency was trading for $0.019. TRX held a market cap of $1.28 billion and a 24-hour trading volume of $1.07 billion. Since Tron was listed on several exchanges, it was a tough fight to see who gained the top spot in TRX trading.
HCoin, a relatively unknown exchange, controlled 10.06 percent of all TRX/USDT trade, which amounted to $107.372 million. HCoin was followed by Cat.EX, where the Ethereum Classic TRX pair ruled the roost, clocking in $70.983 million worth of trade.
Justin Sun had recently teased the cryptocurrency community by asking what asset will Poloniex, one of the most popular exchanges on the planet, will list. Although users expect Sun to confirm that listing soon, the Hydax announcement was enough to get the Tronics riled up.
Getting TRX listed on multiple exchanges has always been Sun’s priority, and he has never shied away from that fact. Even during a recent interview, he had said that Tron’s listing on major US exchange was his number one priority. According to his tweet:
“Yes. It is our #1 priority now. We will have a full team including me dedicated to this matter. We will get all these things done with #TRON speed! #TRX $TRX.”
Even though fears abound that the cryptocurrency could be pushed away from the United States markets, TRX fans can take heart in the fact that it is very much present on eToro and Bittrex, two of the most popular platforms in America.
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.