Tron Blockchain charted a new milestone as the total number of accounts reached 100 million. Announcing the same, the team also pointed out that Tron was ‘the world’s fastest-growing public chain with 3.4 billion transactions, millions of daily active users, and continuous daily new accounts every day.’
Echoing similar sentiments, Justin Sun, the project’s founder and former CEO took to Twitter stating that 100 million users were just the beginning of the project’s mass adoption journey and thanked the community for the support. He stated:
“TRON’s total users just surpassed 100 million. It is just the beginning of our mass adoption journey! Always remember there are 7 billion people on this planet!”
Tron Celebrates 4-Year Anniversary as an Independent Blockchain.
Coinciding with the 100 million milestone is the project’s fourth anniversary as an independent chain after its migration from Ethereum on June 25th, 2018.
The DAO team marked the event with a 2018 quote from Sun saying, ‘ Tron is founded on a community of active users who should have their voices heard.’
In terms of Price, the token is exchanging hands at $0.64 with a market cap of $5.98 billion. In the past 24 hours, the 18th-ranked coin has risen by more than 7% in the weekly index.
Meanwhile, its stablecoin project is being called out by a Youtuber who is a self-styled crypto crusader.
Tron’s Stablecoin project might be a Ponzi scheme?
As the digital asset industry continues to expand, Pump and dump scams, as well as Ponzi schemes, have unfortunately become increasingly common.
The latest to face the ire is TRON’s stablecoin USDD, a cryptocurrency issued by its DAO Reserve.
On June 24, Stephen Findseisen, a.k.a. Coffeezilla published a video titled, “The Next LUNA Ponzi Scheme” where the YouTuber cast doubts over the token’s legitimacy.
The viral video which garnered nearly 400k views called out Sun of running a Ponzi scheme under the garb of a stablecoin project.
Following the loss of the dollar peg on June 13, USDD saw a significant decline, with Sun vowing to deploy $2 billion to “fight them”.
TRON’s team is yet to make any comments with regards to Findseisen’s claim. At present, the USDD value stood at $0.97, 3% down from its pegged mark of $1.