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Tron (TRX) Is Best-Performing Coin on Top-10 List So Far, The Only Asset Remaining Bullish

Sat, 12/22/2018 - 10:37
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Yuri Molchan
Saturday, December 22, finds the crypto market in the red, the sellers return to controlling the situation, however, Tron manages to rise on
Tron (TRX) Is Best-Performing Coin on Top-10 List So Far, The Only Asset Remaining Bullish
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On Saturday, the market is dumping. Bitcoin is trading $100 below $4,000. Nearly all the major coins on the top-10 list are declining, apart from Tron (TRX).

 the top-10 list

This fact has been tweeted today by the company’s founder, Justin Sun.

TRX trying to overcome the $0.02 level

Recently, the Tron network with its native coin TRX has been the center of attention in news reports nearly every week.

Among the milestones that it has reached recently, U.Today has lately written about Tron reaching 3 mln daily transactions.

At the time of writing, TRX is trading at $0.0209, having shown a rise by over 10 percent within the last 24 hours.

The current daily trading volume of the coin totals $318 513 632, having increased from around $52 mln within a week. The market cap of TRX amounts to $1 415 640 198 at the moment.

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Tron lending a hand to other blockchain devs

Not long ago, U.Today also reported that Justin Sun had announced that the Tron Foundation is willing to support Ethereum and EOS developers that are currently having difficulty with funds as long as they move their dApps to the Tron blockchain.

A similar thing has happened about 7 hours ago, when Justin Sun on his Twitter account responded to the news regarding Ethereum development studio ConsenSys planning to fire some of its staff. The Tron CEO urged former ConsenSys developers to send their CVs to Tron and become part of the Tronics family, emphasizing that the Tron Foundation has got enough funds to support everyone.

Justin Sun

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.