TRON (TRX) Continues to Boom, Tether Pairings Added on Bittrex

As some altcoins retreat, TRX kept the pace, boosted by expectations of the mainnet launch.


by
Christine Masters,
3 hrs ago









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Despite the fact that printings of new USDT tokens have stopped, and the circulating supply is around 2.28 billion tokens, the influence of Tethers increases. More tokens are moving to new exchanges, and are paired with the hot coins that gained popularity in the fall of 2017.

The expectations for TRX are great – as big as reaching the $1 range, at which point it would line up above Ripple (XRP) in terms of market capitalization. However, it is possible that the 30% growth is just usual behavior caused by hype, and the price may retreat in the coming days.

Based on @TokenInsight commit data, TRON is ranked #1 for the past week with 173 commits; #1 for the last 30 days at 555 commits; and #1 for the last three months at 2,014 commits! #TRONPG #TRONSR $TRX

— Justin Sun (@justinsuntron) April 24, 2018

According to TRON’s founder, Justin Sun, the project has been pronounced the busiest when it comes to GitHub commits. This would dispel the biggest accusation against TRON – that it is an empty project without a product. However, until the main net launches and TRON gives a real-life example of governance and the ability to carry distributed apps, the big expectations remain theoretical.