TRON (TRX) Dips to a Penny
Tron News

TRON (TRX) Dips to a Penny

What seems to be a red day in the crypto market saw the price of TRON (TRX) dip to 0.010890 USD.

Justin Sun, the Founder and CEO of TRON Foundation took it to Twitter to assure followers that the drop in TRX prices is nothing to worry about.

A majority of other cryptocurrencies in the market showed a drop of 10 to 20 percent today amidst what seems to be a major sell-off.

Also Read: TRON to Reach 2 Million Daily Transactions Soon

The big players seem to have made their move. It wouldn’t be long before the market gets back to normal. While Sun’s tweet could be seen as an effort to reduce the unrest in the community, the network certainly has shown a great deal of growth in the last six months.

There have been many partnerships and collaborations which have led to the amount of growth the network has seen. Recently, DappRadar announced that it is now listing TRON DApps. As per TRON Foundation’s official Medium blog:

“On November 23, 2018, DappRadar, the global leader in Dapp market data and analytics, has started listing TRON Dapps and tracking related data. Tron Dapps can be ranked by different metrics such as contract balance, 24-hour active users, 24-hour trading volume, 7-day trading volume, etc.”

Talking about DappRadar, the team said:

“DappRadar is the world’s largest Dapp market data and Dapp distribution platform. DappRadar allows the Dapp developers and users conveniently to track Dapp data based on Ethereum, EOS and now TRON. DappRadar also presents the statistical data of the Dapp ecosystem in a visual way with charts and graphs, offering insights of the entire Dapp ecosystem. This not only helps the Dapp developers understand market changes and make decisions based on the data, but also allows Dapp users to discover the newest, most popular or the most functional Dapps based on the data.”

Adding to it:

“Since its inception, the TRON Foundation has been developing its Dapp ecosystem with Dapp products, building the infrastructure for the blockchain industry. TRON has upgraded its MainNet to its Odyssey 3.0 version, with newly-designed resource manager that can optimize the deployment and management of resources on TRON. In addition, TRON Foundation has added the resource trading feature, allowing for more reasonable pricing of the resources and easier smart contract development for the developers on the main chain. TRON Dapp House, an app store to display Dapps in the TRON ecosystem, has also been launched successfully.”

Now the foundation is trying to push the cryptocurrency forward with the help of the upcoming niTROn Summit 2019.

As the foundation describes the event:

“It is a summit for blockchain experts and KOL, as well as the most respected investors to discuss the future of blockchain and current technological progress, inspiring new dynamics in the industry and empowering the development of blockchain.”

Talking about the event further, the team said:

“niTROn Summit provides a platform of communication for a wide range of projects and blockchain practitioners, as well as KOLs from other industries. The summit aims to break down industry barriers, explore potential blockchain solutions, and share our visions of the future with one another.
As TRON’s first blockchain industry summit, niTROn Summit will be held at Yerba Buena Center for the Arts in San Francisco.”

Talking about blockchain technology, the team said:

“Nowadays, blochchain technology has become one of the most discussed topic besides artificial intelligence and big data. It is permeating into every aspect into people’s lives. In the future, blockchain will play a even bigger role in economy, culture, philanthropy, politics, etc, taking the world into the era of “blockchain+”.
As one of the leading companies of blockchain industry, TRON is dedicated to decentralizing the web using ecosystem that is based on community, DApp, wallet, and decentralized exchanges. Meanwhile, TRON provides technical solutions for developers on its network.”

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Syed Ali Mudassar
It was when he was pursuing his graduation in Computer Science that he found his flair for writing about new and existing technologies. He likes researching about technologies and how they could help people. Currently, he works as the Content Manager at CoinFrenzy, a leading blockchain news, and media publication website.