![]() ![]() With that much exposure, TRON price is bound to go up, provided that the market conditions are right. TRON is available for trade on Binance, and the two have always ‘had each other’s back.’ Why TRON’s rise should be expected in the future In other words, the two projects have a long history now. It publicly supported TRX, as well as BTT following the token launch, starting another major trend of large exchanges picking their favorite altcoins.īinance also assisted in TRON’s token migration, back when the coin first launched its MainNet and started transferring its coins away from Ethereum’s ecosystem. Binance appears to be a strong supporter of TRON, its mission, and its coins. The move was so successful that it kickstarted a new token sale model - IEO (Initial Exchange Offering).īut, that is not where the connection between the two ends. TRON ecosystem’s BitTorrent (BTT) token was even the first coin to hold its token sale on Binance Launchpad, earlier this year. The two projects were close for quite some time now. While the exchange has become a lot more than simply an exchange in recent year, especially thanks to the fact that it launched its own blockchain, it still maintains a close connection to TRON. TRON and Binanceīinance is one of the world’s largest exchanges by trading volume, with a massive community numbering millions upon millions of crypto traders. And, the way for the coin to achieve this is believed to be through Binance. In fact, its community believes that it is only a matter of time before TRON rises through the ranks, and its price hits $1. But, many believe that this is not a permanent position for TRON. This price, together with a market cap of $1.88 billion, pushed the coin out of the list of top 10 largest cryptocurrencies, and it currently sits at 11th spot. TRX circulating supply is over 66 billion coins, while the total supply is over 99 billion.Įven so, the coin is believed to be massively undervalued, with its current price sitting at $0.028129, according to TradingView. Undoubtedly, one of the reasons for this is its massive supply. However, while the project managed to achieve a lot in less than a year - launch its MainNet, start multiple massive projects, launch dozens of dApps, hundreds of smart contracts, its own DEX, new token, and more - its price remains quite low. The coin has received a lot of attention from the entire crypto community, and although the impressions may differ - the fact is that TRX is one of the most talked-about coins, even today. TRON (TRX) has been one of the most popular crypto projects in the past year. ![]()
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