If we look at the renowned platform for tracking cryptocurrencies valuation and standings in the market, CoinMarketCap, the past week, for many enthusiasts, can be considered as the worst week for Tron since the beginning of this year, 2019.
Sun-led cryptocurrency went down from the 8th spot to 10th in the market; unusual fluctuation in the crypto’s price surely can be given as the two primary reasons behind this denotation. But that’s not all that happened in the past week for the Tron. While the cryptocurrency was trending in red, it still achieved some of the phenomenal landmarks even during that time.
Just last week, Tron’s blockchain managed to achieve the 2 million accounts milestone in an amazingly quick time. It took only 252 days for Tron to achieve this landmark since its mainNet had launched.
The mentioned time span is worth noting because its arch rivals such as Ethereum could only manage 25,887 accounts in the same time period and took 660 days to reach the 2 million mark, while on the other hand, EOS hasn’t yet managed to reach 2 million after its mainNet launch. Not just that, according to the Ratingdapp, the platform for tracking Dapps performances, 70,000 new accounts have been created on Tron to interact with its Dapps in past two weeks.
The achievements do not just halt there. Just yesterday, Koinex, one of India’s largest and most advanced digital asset exchange, announced on its Twitter handle that Tron has been the most popular cryptocurrency of the week on the exchange. The tweet goes as follows:
We are thrilled to announce that #Tron is the most popular digital asset of the week on Express! 🚀
Express – our instant crypto converter switches 200+ pairs with 0% trading fee and #TRX is the most trending coin! #SwitchItWithExpress #SwitchItToTron pic.twitter.com/yjRW5kWVnZ
— Koinex (@koinexindia) March 6, 2019
If we consider the different rating sources in the crypto realm, Tron has been recognized as one of the most-talked-about cryptocurrency in recent times.
There could be many reasons given for this feat, but the launching of BitTorrent on its network, the largest and most extended airdrop of BTT last month that took 4 hours to complete distribution – which further compliments the speed of the Tron’s blockchain, and the ability to stand strong in the long bearish trend where every other cryptocurrency was struggling are believed to be the most significant ones.
It’s more likely that due to these mentioned facts, Tron has become the much talked and tweeted cryptocurrency in recent times.
A couple of days ago, a report published by Cointrend revealed that Tron had become the most mentioned about cryptocurrency on the Twitter media for almost a complete day leaving behind the Bitcoin and Ethereum, which says it all about the interest developed among the crypto enthusiasts in Tron against any other crypto asset.
At the time of publishing this post, Tron is slightly in the downward trend according to the CoinMarketCap with 1.72% change in the past 24 hours and is available for trade at $0.02314.
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.