![Tron cryptocurrency (trx) plows into the green as [btc] price stagnates](https://ohiobitcoin.com/storage/2019/01/UaRx7O.jpg "Tron cryptocurrency (trx) plows into the green as [btc] price stagnates")
![Tron cryptocurrency (trx) plows into the green as [btc] price stagnates](http://ohiobitcoin.com/storage/2019/01/UaRx7O.jpg "Tron cryptocurrency (trx) plows into the green as [btc] price stagnates")
After a continuous flow of positive news from the Foundation, the TRX coin is outpacing the rest of the top 35 currencies with 24-hour growth of over 7%. () is up less than 1% today.
has reported anything from achieving major to an ever increasing on its chain in recent weeks.
What might be triggering ’s current rise, however, is that BitTorrent will sell its on the Launchpad. The Foundation and founder Justin Sun in June 2018. At the time the acquisition propelled
In October announced , its plans to add and -based to BitTorrent and its 27 million strong user-base.
Sun’s burgeoning relationship with CEO Changpeng Zhao emerged in Malta a few months ago.
Such an honor to be at the heart of the United Nations and witness the innovations of and . These innovations support the , facilitate reaching sustainable development goals, and contribute to global awareness around charity.
— Justin Sun (@justinsuntron)
The Foundation at the time committed a donation of $3 million to ’s Charity Foundation (BCF).
BitTorrent Token to Launch on Binance LaunchPad
In recent days it has emerged that a . Calling the BitTorrent development “game-changing,” wrote:
“BitTorrent’s protocol is empowering a new generation of content creators with the tools to distribute their content directly to others on the web. BitTorrent’s new BTT will allow BitTorrent peers to incentivize activities that lead to better file sharing, like using faster networks and enabling longer seeding periods.”
You missed our livestream about ‘s new ? Here is a recap for you! Visit our website to learn more about the and its crowdfunding on
— Foundation (@Tronfoundation)
Crypto Investors Inspired by BTT Token
Though BitTorrent will have its own BTT and no real connection to ’s TRX it seems obvious that investors are inspired by the progression of BitTorrent tokenization. Thus, putting their confidence into TRX.
has been steadily publishing details of the BitTorrent and planned airdrop on its Twitter feed.
had reached all the milestones it had set out to achieve for 2018.
Here are Justin predictions for 2019. One of them is to take to the top 4 ranking on CMC by the end of 2019.
I will be happy with being 5th or 6th, but will not complain about being 4th for sure. 😁
— Tommy Mustache (@tommyp408)
The ecosystem also has plenty going on to inspire investors. It achieved in just over six months. It now has more than 80 dApps, within two months of launching the Virtual Machine and smart contract functionality. And, ’s development team grew from two engineers to over 40 in less than year. It’s also just drawing to a close the application stage of its Accelerator program for aspiring dApp projects.
Ambitious founder Sun wants to break into the top 4 by market capitalization this year. If can hold its momentum it has as much chance as any. The isn’t without its critics though. and co-founder Jed McCaleb called “garbage” this week. .
Published at Sat, 05 Jan 2019 05:53:40 +0000
