It’s an exciting week for the cryptocurrency world and the community of Tron [TRX]. Ever since last week, the bearish act in the crypto market affected all the top cryptocurrencies. Tron [TRX] has been trading currently at $0.080 to a token with 10% in the last 24 hours having a volume of $730 million at the time of writing.
Tron [TRX] is in the 9th position as its global rank with a market capital value of around $5.29 billion as per CoinMarketCap. TRX’s highest trading wallet is Upbit with a volume of $182 million and 24.92% at a price of $0.081.
The community of Tron has attracted much global attention due to its mainnet launch. Tron shall migrate from ERC-20, which is Ethereum’s blockchain to its own blockchain on the 31st of May 2018, with a countdown of 9 days, as reported on their website. The Tronics have been advised to transfer their TRX from Ether wallets to exchanges, to avoid any withdrawals and supports the migration.
Sources have also mentioned that the TRON network’s improved TPS system is much equipped than the system of Bitcoin [BTC] and Ethereum [ETH]. The mainnet launch of TRON is stated to bring forth changes with plentiful of $1 million TRX holders in the flourishing market.
Tron’s team stated:
“[We] will be able to break away from Ethereum and its low-efficiency, congestion-prone network, high fees, and steep learning curve. We will open the doors to a new cryptocurrency stage focused on scaling and commercialization, providing next-generation infrastructure and express lanes needed for global dApp development.”
Ontology [ONT] has been trading at the price of $7.85 with a market capital value of $899 million at the time of writing. The lowest price it held was $7.88 on 21st of May 2018 and jumped to it’s highest price of $8.35 in a span of 7 hours. It has an increase of 5.68% in the last 24 hours and positioned 28th as per CoinMarketCap. Despite the ranking between Aeternity [AE] and Decred [DCR], Ontology has been welcoming its fame in the cryptocurrency world.
It’s highest trading wallet is OOOBTC, pairing with Bitcoin [BTC] with a volume of $6 million in 24 hours at a price of $114.93. Its second trading wallet having the same pair, Bitcoin, is Bittrex which is half of the first volume $3 million. It is trading at a price of $115.85 at the time of writing as per CoinMarketCap.
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