TRON Cryptocurrency (TRX) Plows into the Green as Bitcoin Price Stagnates.
After a continuous flow of positive news from the TRON Foundation, the TRX coin is outpacing the rest of the top 35 currencies with 24-hour growth of over 7%. Bitcoin (BTC) is up less than 1% today.
TRON has reported anything from achieving major blockchain milestones to an ever increasing number of dApps on its chain in recent weeks.
What might be triggering TRON’s current rise, however, is that BitTorrent will sell its token on the Binance Launchpad. The TRON Foundation and founder Justin Sun acquired the BitTorrent platform in June 2018. At the time the acquisition propelled TRX upwards 17%.
In October TRON announced Project Atlas, its plans to add blockchain and blockchain-based tokens to BitTorrent and its 27 million strong user-base.
Sun’s burgeoning relationship with Binance CEO Changpeng Zhao emerged in Malta a few months ago.