According to yesterday’s announcement by a well-known cryptocurrency wallet Exodus, TRON (TRX) will now be available in its mobile version. Exodus Mobile offers an app for Android and iOS alike, allowing traders and investors to manage their cryptocurrencies on the go. By adding official support for TRON, the wallet will let users secure, manage, and exchange TRON in seconds, no matter where they are.
TRON and Exodus
TRON and Exodus already have a history together, and they maintained a strong relationship ever since Exodus first added support for TRX coins back in October 2018. Back then, Exodus listed TRON on its desktop wallet, allowing users to manage the coin, as well as trade it against 50 different assets, including the top cryptos such as Bitcoin, Ether, XRP, and others.
This was a significant move for TRON, as Exodus wallet became quite popular, and listing the coin allowed it greater exposure. Not that TRON was suffering from the lack of exposure, but every new move that allowed its ecosystem to grow and expand was welcomed by Justin Sun and the TRON Foundation with open arms.
Now, TRON also joined Exodus’ online wallet, thus making it instantly available to those who prefer to do their trading via smartphones.
Exodus Mobile itself is quite a newly-developed app, being launched only a little over a week ago, on July 1st. Already, the wallet is hard at work when it comes to adding supports for many different coins, with TRX being among the first ones.
With the launch of the mobile version of its wallet, Exodus now even allows users to sync it with the desktop version. Those who decide to do so should keep in mind that connecting Exodus Desktop and Exodus Mobile will overwrite the mobile wallet. Those who have any funds in their mobile version of Exodus should transfer them to Exodus desktop before syncing the two.
TRON ecosystem continues to grow
As for TRON itself, the coin has been performing preferably well in 2019, although it did have ups and downs throughout the first half of the year. It was even pushed out of the list of the top ten largest cryptocurrencies by market cap, although it managed to return in the past few weeks.
The coin’s price managed to double in size since the start of the year, with its highest point in 2019 being at $0.040, reached on June 1st. Since then, the coin saw a drop to $0.032, only to surge again to just below $0.040, and then drop again in early July. For the moment, the coin appears to be struggling with breaching this level, although it has kept escaping from falling by strong support at $0.032.
At the time of writing, however, the coin is once again experiencing a small decline, after an attempt at growth, which led it to $0.035. This level started acting as a resistance as well and prevented it from surging further up. In other words, while the addition of TRON on Exodus’ mobile version will undoubtedly be beneficial for the users, it does not appear to be doing much for the coin’s price as we write this. Still, keep an eye on it, TRX could surprise many soon.
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.
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