Sola
beta
Gytis
5 months

Tron Trims Weekly Gains, Still Best Performer Among Top 20 By Sead Fadilpašić October 09, 2018 Share Tweet Tron Trims Weekly Gains, Still Best Performer Among Top 20 101 Tron’s founder and CEO Justin Sun. Source: Tron The native token of Tron (TRX), a developer of a decentralized Internet and its infrastructure, is still best performing cryptocurrency during the last 7 days among the top 20 coins by market capitalization, despite its plunge by more than 5% in the last 24 hours. The startup is getting a new update called Odyssey 3.1, and the news sent the price soaring. The protocol’s native coin, TRX, gained almost 8% on Monday - but as of the time of writing (UTC 10:20 AM), it has lost 5.10% in the past 24 hours. Still, TRX has gained almost 16% in the past week. Price should not be the only measure of popularity, however: the Odyssey 3.1 upgrade and its subsequent price surge brought TRX volume to a four-month high. On Monday, TRX trade volume reached as high as USD 400 million before a fallback to the USD 330 million range. The community speculates that perhaps the rumour was traded before the news landed, explaining the drop today. Tron Trims Weekly Gains, Still Best Performer Among Top 20 102 On Monday, Tron’s founder and CEO Justin Sun tweeted that Odyssey 3.1 will go live as a result of “community consensus,” and adds that, “The TRON Committee function & [Tron Virtual Machine] will go live, marking the start of the Smart Contract Era. TRON will be 200x faster vs. ETH, 100x cheaper vs. EOS. Dapp developers & users, this one is for you!”

Photo #1 from Panevėžys, Lithuania by Gytis made on 2018-10-09 21:16 for Sola
98votes
0.012SOL earned
Vote
Share
Vote
Share
0
20
98
Lithuania, Panevėžys
No comments
Write something...
Send