TRON [TRX] goes up to secure #9 position as its global rank

The Founder of TRON, Justin Sun earlier this May, tweeted saying TRON is due to launch a Virtual Machine ‘TronVM’ on May 25th. The machine is said to establish compatibility with Ethereum’s Virtual Machine. The countdown for TRON’s mainnet launch, that counts less than 9 days on their website, has grabbed much of the global attention.

The price value of TRX is currently trading at $0.083 with a market cap value of $5.59 billion and has gone up to secure the 9th position as per CoinMarketCap, at the time of writing. TRON has had a gain of over 18.67% in the past 24 hours.

Tron's 1-day chart | Source: CoinMarketCap

Tron’s 1-day chart | Source: CoinMarketCap

The TRON community strongly believes that with each accomplishment in the system, changes in the crypto-space are going to hold great significance in terms of credibility. The TRON network has improved its TPS system that is better equipped than that of Bitcoin and Ethereum.

Its highly decentralized distribution mechanism comes to terms with the uplift in its global ranking. The TRON mainnet launch is said to bring about changes with more than $1 million TRX holders contributing in this ever-growing market.

The team has also been proving to connect the programmers by bringing in people like Marius Gill, a German open-source wallet, DApp developer, and Sean Liu, a former Data Engineer at Gridsum to help plan the network’s technical efficiency development to mark a new era with PROJECT GENESIS. Gill is currently working on building an iOS technology with the team’s support.

The German programmer stated:

“The chance of award is less significant to me than getting involved and sharing experiences with peers in the TRON community so that I get more time for test and optimization. To get it better. That’s why I made it open-source early.”

In the aftermath of the network’s introduction to smart contracts, TRON is ahead of its time to plan on providing next-generation infrastructures. The build-up towards an increasing social attention, the Founder has successfully created a huge push this Monday morning, saying:

Justin Sun's tweet

Justin Sun’s tweet

Vagobond, a Twitter user says:

“I know this sounds crazy, but I don’t think it’s going to stop before it reaches $.28 – and that might just be a short pause.”

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