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Tron (TRX) Becomes Top Gainer in 2019, Justin Sun Gets Over 4 Mln Facebook Followers

  • Yuri Molchan
    📰 News

    Tron takes off well in 2019, exceeding the other top-ten coins by overall growth as opposed to the coins that have been dropping


Tron (TRX) Becomes Top Gainer in 2019, Justin Sun Gets Over 4 Mln Facebook Followers
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Just one month of 2019 is behind, yet, Tron is already showing significant progress. As per data from WorldCoinIndex, TRX has shown an overall increase by 35 percent this year.


Rising where others are dropping

Judging by the same crypto reference platform, Bitcoin has dropped 9 percent, XRP lost 14 percent, Ethereum is 23 percent down. Both Stellar Lumens and Bitcoin Cash have depreciated by 29 percent overall in 2019, as well as Bitcoin Cash SV.

The BTT ICO that took place on Binance Launchpad recently and was over in 18 minutes due to a system glitch, claimed by Binance CEO CZ has helped Tron keep the focus of attention on itself.

Binance to launch another token sale

Presently, Binance is preparing for another sale of tokens on its Launchpad. The exchange is going to greenlight the sale of Fetch.Ai tokens in late February.

Fetch is a blockchain-based startup that provides businesses new methods to work with chains and consume energy.

👉MUST READ Tron Price Prediction [Updated]: Price Still Bullish Despite SEC Security Rumours
Tron Price Prediction [Updated]: Price Still Bullish Despite SEC Security Rumours

Tron’s Facebook community getting bigger

Meanwhile, the Tron Foundation tweets some more good news – today the number of Justin Sun’s followers on Facebook has exceeded 4 million people.

Justin Sun

 

Meanwhile, the number of Tron’s followers on Facebook is growing to reach 1 million. Currently it totals 926,202 subscribers.

 Tron’s followers

 

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Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader


Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader
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It’s been over two weeks since Bitcoin’s astronomical surge on Apr. 2, but new theories about what might have caused this bullish uptick continue to pop up. According to crypto-oriented analytical firm CoinMetrics, that epic surge was causes by a single trader.

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Mammoth-size trades

CoinMetrics claims that ‘a single committed trader’ concocted a plan to push the BTC price, and he successfully managed to do that by picking the time of the day when the global liquidity is at its lowest level.


(Source: CoinMetrics.io)

(Source: CoinMetrics.io)  

The report also suggests that the trader started to execute his plan on HitBTC (500,000 USDT were traded for Bitcoin prior to the price movement). After that, large trades were observed on Coinbase and Bitfinex.      

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Focusing on the future

Meanwhile, as reported by U.Today, another theory states that the rapid price surge was triggered by the expiration of the CME futures contracts and heavy spot and over-the-counter buying. One expert went as far as claiming that a simple April joke about the Securities Exchange Commission (SEC) could do the trick.

While no one is quite sure about what could have triggered the short-living rally, there is even a bigger disconnect when it comes to Bitcoin price predictions. While some share their bullish predictions for 2019, another report states that it could take 22 years for Bitcoin in order to match its current ATH of $20,000.

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