Tron (TRX) On List of Cryptos With Biggest Coin Holdings Value: Report

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Tue, 09/25/2018 - 13:15
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Yuri Molchan
A report shows Tron Foundation holdings are about $2.6 mln worth
Tron (TRX) On List of Cryptos With Biggest Coin Holdings Value: Report
Cover image via U.Today

Presently life is good for Tron, considering all the milestones achieved recently and developments announced.

Diar, a crypto analytical agency, has recently published a report that puts TRX among five assets that prevail in holdings kept by the startup for its development needs.

Tron is among five coins with major holdings

Diar report says that Tron Foundation holdings total 46 percent. The other four platforms that keep the largest amount of their own tokens each (for internal development goals) are IOTA, NEO, Tezos and Cardano (ADA).

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Besides, Tron has recently publicized data that the team has locked around 33 bln TRX until 2020 and burnt one bln TRX.

Tron gets added to new exchanges

As U.Today recently reported, Tron has been listed on a few new crypto trading venues. Binance has paired TRX with its native BNB coin which has been performing pretty well recently.

Bittrex has also listed TRX against USD. This is the first time the coin has been trading against the local fiat in the US.

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Recently Justin Sun, the Tron CEO, also spread word that Tron would be traded on BitBay soon– the latter is the exchange dominating the Polish crypto market, apart from other things.

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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.