The Currency Analytics
By Julie Binoche
TRON Smart Contract Platform
TRON’s Justin Sun Working for Nitron Summit 2020 and TRX backed Stable Coin
TRON launched Mainnet and became independent from Ethereum. Ever since then, TRON achieved several major milestones irrespective of the ebbs and flows in the Blockchain industry.
TRON competes with Ethereum and EOS. The platform is considered to be the most active after Bitcoin and Ethereum. And about 5% of all the TRON addresses are active.
Tron Scan previously tweeted: “Congratulations on #TRON total accounts exceeded 4 million! According to #TRONSCAN, TRON total accounts have reached 4,015,527.
The daily activity and value of TRON are very high. Notable numbers of games got released on TRON; however, sustaining the audience seems to need some work.
Justin Sun is getting ready for the Nitron Summit 2020. It is during the summit the blockchain industry brings together top-notch developers, exchanges, projects, mining…
Justin Sun tweeted: “#TRON community will launch a new decentralized stable coin backed by $TRX & $BTT. What is the best name for this stable coin.”
Sydney Ifergan, the Crypto Expert, tweeted: "Despite all the confusing yet mind-blowing announcements, TRON continues to survive progressively, and it is perhaps their way of…
The news of a new stable coin did not do anything to the price of TRON, and the price continued to remain stagnant. Price consolidation is expected.
However, one person familiar with the subject stated that the TRON community would be pleased about the stable coin when it gets launched.
Investors are prospecting on whether TRX will break its resistance level at $0.022 USD when the stable coin launches.