The Tron Foundation has distributed circa $633.3K worth of USDT stablecoins in an annual percentage return plan (APR). The giveaway came as a part of an incentive plan that would distribute $30 million worth of USDT among early TRC-20 based stablecoin users. In a 31 days period, Tron intends to reward users based on the…
Tron is staring at the abyss right in the face. The twelfth largest cryptocurrency by market cap is looking to slip into a bottomless area of trading. Having crashed by almost 75 percent from its 2019 top against bitcoin, Tron appears weaker in its knees to jump back. Data on CoinStats, one of the best…
Tron had a day full of wild swings. The world’s twelfth largest cryptocurrency by market capitalization today dropped by as much as 17.80 percent to $0.0218, according to data provided by CoinStats, one of the world’s best cryptocurrency portfolio management apps. The move to the downside initiated because of a stupid reason. Justin Sun, the…
The Tron (TRX) market stepped into light on Wednesday as investors’ confident in the cryptocurrency returned. The world’s twelfth biggest blockchain asset posted two consecutively sessions in green until Thursday. Ahead of the close, the TRX/BTC exchange rate had established 247 sats as its intraday peak, up 14.88 percent from its local swing low, shows…
Tron is growing weaker against the world’s first and foremost cryptocurrency bitcoin. The TRX-to-BTC exchange rate this week has extended its bearish bias by falling another 7.72 percent this Wednesday. The pair established a fresh lower low towards the 251 sats level, bring its total month-to-date returns to a negated 18.33 percent, according to data…
The price of Tron (TRX) kicked off the week in a negative territory. The TRX/USD on Monday established an intraday low of $0.0335, down more than 4 percent since the market open. The move downhill brought the cryptocurrency’s market capitalization to as low as 2.241 billion. At its 24-hour highest, the cap was $2.368 billion,…
The price of Tron (TRX) has plunged by more than 4 percent in the last 24 hours, according to CoinStats’ cryptocurrency portfolio management tracker. The TRX/USD pair on Monday dropped to an intraday low of $0.032 before attempting a pullback. The move downhill extended the pair’s weekly loss to 10.79 percent, hinting that traders looked…
A healthy bitcoin market is not good for Tron (TRX), proves the past 24 hours. The world’s eleventh largest cryptocurrency market capitalization is appearing weaker against its top contender. The TRX/BTC exchange rate is down more than 16 percent on Wednesday to 282 sats. At the beginning of this month, the pair was trading at…
The Tron (TRX) price is already up by more than 40 percent in June. And there is a possibility that it could rise even further. The latest bullish call comes in the wake of the Tron Foundation’s decision to buy back $20 million worth of TRX tokens. The plan, as of now, stands unconfirmed but…
A New York-based FinTech startup is launching a stablecoin on the Tron blockchain. Dubbed as Carbon, the firm is into developing user-friendly payment solutions for the blockchain sector. It decided to launch a TRXD stablecoin, a digital currency backed by a stable fiat currency, mainly the US dollar, to enable the use of modernized tokens…
