Binance, Huobi and More Announce Support of the Upcoming BitTorrent Token (BTT) Airdrop

CoinSpeaker

Binance, Huobi and More Announce Support of the Upcoming BitTorrent Token (BTT) Airdrop

The BTT airdrop program is set to start on February 11, 2019, and will continue until 2025, with allocations dispersed yearly. It has already received support from Binance, OKEx, Huobi, and other exchanges.

Binance, Huobi and More Announce Support of the Upcoming BitTorrent Token (BTT) Airdrop

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Source: CoinSpeaker

Tron Price Analysis: Oracle Partnership Rumor Pumping TRX?

Tron Price, surge 5.2 percent
Oracle—Tron Partnership rumor yet to be confirmed
Transaction volumes low, likely to build up ahead of 4 cents retest

Days after NiTron, TRX is making good progress and is solid above 2.5 cents as traders search for buying opportunities in lower time frames. Add this to a probable partnership with Oracle, the path of least resistance seems to be up.
Tron Price Analysis
Fundamentals
News has it that Oracle is the latest software company to “partner” with Tron. As a smart contracting and dApp platform with ambitions of dislodging Ethereum as a go-to platform, this announcement should be making waves. Oracle is one of the world’s leading software company offering diverse services ranging from cloud applications to a multi-model database management system.

Oracle #blockchain team visited #TRON Foundation HQ in SF.Diving deep on #SmartContracts #Tokenization and partnership opportunities. #TRON to the future. #TRX $TRX https://t.co/Hq3Y4IETlW
— Justin Sun (@justinsuntron) October 20, 2018

Back in 2014, it was the second largest software company by revenue streams after Microsoft.  In a tweet, Justin Sun said a blockchain team from Oracle had visited their San Francisco offices. However, we cannot get ahead of ourselves and confirm that there indeed is a partnership without official confirmations.
Justin confirmed that aside from discussing smart contracting and tokenization, they did touch a topic or two on “partnership opportunities.” At the moment, nothing is official despite Sun’s row of strong claims during the Summit.
Candlestick Arrangements

On the chart, TRX is less than $150 million away from displacing Litecoin as the eighth most valuable coin in the space. It remains a top performer, adding 5.2 percent in the last day and breaking away from the 2.5 cents mark as bulls aim to reverse Jan 10 losses.
At this pace, our TRX trading conditions are live. Both sets of traders can add to their longs at spot prices with fitting liquidation levels at Jan 21 lows of 2.5 cents.
Targets will remain the same, and as long as prices are trending above 2.5 cents, the double bar bull reversal pattern of late Dec 2018 and Jan 13-14 will be valid and indicative of the current trend.
Technical Indicator
Even with this, participation volumes are low—averaging 20 million at the time of press which is low when compared to those of Jan 10—95 million. Regardless, the trend remains bullish, and participants are maintaining this pressure meaning that the retest of 4 cents would be volatile and probably backed with high volume surges.
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Source: New feedNewsBTC.com

Exclusive Interview with TRON’s Founder, Justin Sun: We Return Power Back to Users

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Exclusive Interview with TRON’s Founder, Justin Sun: We Return Power Back to Users

In this exclusive interview, TRON founder Justin Sun explains what value the project proposes to its users, unveils how it stands out from other initiatives and shares TRON’s future plans.

Exclusive Interview with TRON’s Founder, Justin Sun: We Return Power Back to Users

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Source: CoinSpeaker

Tron Expands Its Partner Network Listing Oracle, Aurora, Steemit and Others

CoinSpeaker

Tron Expands Its Partner Network Listing Oracle, Aurora, Steemit and Others

It seems that last year’s rumors were true and that ORACLE, a cooperation offering a comprehensive and fully integrated stack of cloud applications and platform services, has partnered with Tron (TRX) Foundation.

Tron Expands Its Partner Network Listing Oracle, Aurora, Steemit and Others

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Source: CoinSpeaker

Justin Sun Further Lures Crypto Community Making Some Bold Claims at niTron Summit

CoinSpeaker

Justin Sun Further Lures Crypto Community Making Some Bold Claims at niTron Summit

NiTron Summit is over. But the community has a lot of things to discuss, for example, Tron’s plans to put EOS behind.

Justin Sun Further Lures Crypto Community Making Some Bold Claims at niTron Summit

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Source: CoinSpeaker

TRX v/s ETH – Ethereum’s File sharing dApp “Upfiring” Competing With TRON’s BitTorrent speed

While Justin Sun is betting to make Tron ‘the most famous brand’, rival firms are eyeing to compete and step ahead. Ethereum’s file sharing dApp, Upfiring is likely competing BitTorrent speed released by TRON to increase the download speed via token incentives.
Face Off – Tron’s BitTorent Speed v/s  Ethereum’s dApp Upfiring
Competitively, Ethereum backed Upfiring file sharing dApp is dawn to compete BitTorrent and as such, the official announcement which broke out on Jan 17, 2019, stated that the app is all set and usable. Per the release, Upfiring dApp is in beta version and can be accessible to the public.
Recently on Jan 17, 2019, BitTorrent Inc has also revealed that the BitTorrent Speed will be live by Q2 2019. The software connects and incentivizes its users with BTT tokens, consequent to this, BitTorrent clients will receive BTT tokens for seeding and bandwidth which eventually enable file quick downloads.

Today we are unveiling BitTorrent Speed, a new software that connects and rewards users with BitTorrent $BTT tokens. Read more about it on our blog. #niTROn2019 https://t.co/9NLuJzMtTr pic.twitter.com/S7r4pUUJzw
— BitTorrent Inc. (@BitTorrent) January 17, 2019

While BitTorrent’s release is still on way, Upfiring file sharing dApp hit the market with the beta version.
To the similar extent, Upfiring also has its own token, called UFR token. The project, Upfiring is a dApp on Ethereum blockchain which doesn’t reward the user for bandwidth like BitTorrent.  Unlike BitTorrent incentive system, users should use UFR tokens to decrypt the file that they download. Upon decryption, such tokens will directly go to seeders.

Upfiring's Blockchain File-Sharing Dapp is Live in Open Beta: https://t.co/uJYnrVw1G2
— Upfiring (@UpfiringHQ) January 17, 2019

Justin and Vitalik – the battle isn’t over
However, it’s not the first time that Justin and Vitalik are facing off, the battle is long been interesting. Sometimes sarcastically or sometimes Justin betting on Ethereum’s developers. But interestingly, this time, the battle comes with the matter of BitTorrent and dApp Upfiring. In addition, Justin’s BitTorrent is getting a more positive response than Vitalik’s Upfiring.

Heuristic #103: anyone who puts a dollar sign followed by a ticker symbol in their tweet is basically a self-identified shill and not worth listening to.
— Vitalik Non-giver of Ether (@VitalikButerin) December 2, 2018

Crypto Market Outlook for Tron’s BitTorrent and Ethereum’s dApp Upfiring
Cryptocurrency market is showing the mixed signal, while Ethereum is getting green with 2.60 percent over the last 24 hrs, TRX is appearing on the red zone with 0.18 percent. It is interesting to note that the BitTorrent will soon go live in the market thus it is not yet listed on Coinmarketcap – whereas the Upfiring is already popping with its ticker UFR.
Image source – https://coinmarketcap.com/currencies/upfiring/
With Ethereum again in the game, it will be interesting to see who wins this “speed” contest? Let us know in the comments below.
The post TRX v/s ETH – Ethereum’s File sharing dApp “Upfiring” Competing With TRON’s BitTorrent speed appeared first on Coingape.
Source: CoinGape

Tron is expected to launch BitTorrent livestreaming feature in 2019, says Foundation

Tron [TRX], the ninth largest cryptocurrency by market cap, continues to strive forward in the market. The Foundation has made another announcement pertaining to their next big plan for BitTorrent, one of the biggest Torrent platform around the globe with over 100 million monthly users.
The announcement regarding their next steps was made during the niTron summit 2019, the very first conference hosted by Tron. Justin Sun, the CEO and Founder of Tron Foundation, stated that BitTorrent could launch a livestreaming feature. This could be one of the biggest agenda of the team as this launch would mean going against the biggest tech firms in the world like Facebook, Youtube and Twitch.
Tron Foundation said:
“If everything goes as planned with #BTT, #TRON is expected to launch BT’s livestreaming feature in 2019.”
Moreover, during the summit, Justin Knoll, project lead of Project Atlas, spoke about the BitTorrent protocol. He stated that the BitTorrent token [BTT] complements the BitTorrent incentive mechanism and that BitTorrent’s speed would enhance the BitTorrent protocol by changing the operational principles of the clients.
He further revealed that Tron will be playing a key role, connecting BitTorrent protocol and its users, who will be able to download much faster. Knoll also stated that the incentive mechanism would encourage users to seed more on the network. Justin Sun also unveiled BitTorrent speed, a blockchain based application, during the summit.
J Walker, a Twitterati said:
“Only live streaming app that you can reach large groups with are social media apps. If you can make this with business class moderator features this would be huge. WebEx/ BlueJeans can only do 15,000 live views thats why you have to use periscope. leveraging the P2P network with compute also helps with POPS. The media server would be closer to connect for the most part on such a large network.”
Zander Perk, a Redditor said:
“This will be an interesting way for artists to get paid. Wonder if it will catch on. If it’s a solid UI that loads quickly and operates as effortlessly as YT, they could have a solid amount of users.”
The post Tron is expected to launch BitTorrent livestreaming feature in 2019, says Foundation appeared first on AMBCrypto.
Source: AMB Crypto

ABCC Exchange Partners with Tron Becoming the First Trading Platform to List TRC10 Tokens

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ABCC Exchange Partners with Tron Becoming the First Trading Platform to List TRC10 Tokens

Having entered in a partnership with Tron, ABCC crypto exchange has become the first exchange to list tokens based on TRC10 technical standard.

ABCC Exchange Partners with Tron Becoming the First Trading Platform to List TRC10 Tokens

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Source: CoinSpeaker

Tron [TRX]: Former BitTorrent Chief Strategy Officer says ‘we were going to melt Tron. Literally destroy it’

BitTorrent, the biggest Torrent serving application in the world, has always been considered as an important platform in the cryptocurrency space. The platform’s use-case was noted by Satoshi Nakamoto, the creator of the Bitcoin [BTC], the largest cryptocurrency in the space.
The platform was the key-highlight of the space in the year of 2018, mainly due to the confirmation that it had been acquired by Tron Foundation, a leading cryptocurrency and blockchain technology project. Succeeding this, the Foundation announced that BitTorrent is going to be a part of Project Atlas, an integration of Tron and BitTorrent.
The Foundation stated that the Project’s main concern would be increasing the lifespan of the swarms and increase the speed. Also, the Foundation stated that they would be soon introducing an incentive mechanism for BitTorrent, wherein users will be rewarded a token for seeding files and resources onto the BitTorrent platform.
Earlier this month, Tron released the BitTorrent token [BTT]’s whitepaper on their official portal. Based on the same, the token is going to be a TRC-10 token and the total supply of the coin is going to be 990 billion. The abstract of the whitepaper read:
“TRON Foundation and BitTorrent Foundation are introducing a new cryptographic token called BTT along with an extended version of the BitTorrent protocol in order to create a token-based economy around the usage of networking, bandwidth and storage on hundreds of millions of computers on the internet.”
The paper further outlined that their “initial entry point is to introduce token-based optimizations to the existing BitTorrent protocol providing a way for the value of sharing bandwidth and storage to be captured by network participants beyond the point at which the current protocol no longer values it“.
Simon Morris, former Chief Strategy Officer of BitTorrent, has come forth and stated that Tron network will probably not be able to handle BitTorrent transactions, in an interview with Breaker. He also remarked that Justin Sun, the CEO and Founder of Tron Foundation, is “very strong at marketing” but “doesn’t have a technical bone in his body“.
Prior to Tron’s acquisition, Simon Morris stated that he was in charge of looking into the potential of blockchain technology and cryptocurrency. This was followed by the team realizing the benefits of tokenizing their network, with its potential being making the entire network 40 percent faster.
This is, now, being carried forward by Tron, however, Simon has stated that Tron blockchain cannot handle the transactions volume that is required to tokenize BitTorrent.
The former CSO further stated:
“It seems they’re going in the same direction [as our plan]. But what’s very clear is that they’re going to say, ‘they’re going in the same direction, come what may, because that’s what Tron does […] It’s basically a marketing machine layered on a very tin veneer of technology.”
Simon claims that he has visited Tron’s operations quarters in China, where he also spent some time with the Founder of Tron. Post-BitTorrent’s acquisition, Simon worked for the platform for over two months, and remarked that building a trustful relationship with the representatives of Tron seemed “completely impossible”. the Upon meeting Justin Sun, he stated:
“It’s very clear that Justin is very strong at marketing. He has a very nice personality from a marketing point of view. He doesn’t have a technical bone in his body. He wouldn’t understand, technically, anything. But the approach that bothered me was, the very sort of Trumpian approach – if you get caught in a lie, the answer is you double down the lie. The endless doubling down on lies that made me think it wasn’t going to be a fit.”
Additionally, the Former CSO stated that he had a conversation with Justin Sun regarding the allegations that Tron’s whitepaper is plagiarized, suggesting Sun to acknowledge the fact. To which Sun stated that they have “come to a consensus” that Tron did not plagiarise its whitepaper, adding that they “have moved on” form these allegations, Morris stated.
“It was very clear when I was [at BitTorrent] that there was no way the transaction capacity of Tron would [work]. The transactional capacity we [were] looking at was needing hundred of transactions a second just to get started. It’s simply not there. You hear all the bullshit out there, oh, this does 10,000 transactions a second. It’s all crap. We were going to  melt Tron. Literally destroy it.”
The post Tron [TRX]: Former BitTorrent Chief Strategy Officer says ‘we were going to melt Tron. Literally destroy it’ appeared first on AMBCrypto.
Source: AMB Crypto

Justin Sun’s TRON Brings On Former SEC Attorney as Its First Head of Compliance

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Justin Sun’s TRON Brings On Former SEC Attorney as Its First Head of Compliance

The former SEC attorney will help Tron build effective interaction with financial authorities as its first head of compliance.

Justin Sun’s TRON Brings On Former SEC Attorney as Its First Head of Compliance

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Source: CoinSpeaker

Tron Breaks $2 Billion, Takes 8th Place Reaching 5 Month High

Cryptocurrency markets have been somewhat sideways for the last three weeks or so. Only a couple of cryptos have seen good enough gains to propel them up the market capitalization chart and Tron is one of them as it breaks the $2 billion barrier.
Tron Forging On, 60% Gains in a Week
At the time of writing Tron’s TRX token is the best performing crypto asset in the top one hundred. With a 23% gain on the day it is surging up the market cap charts and has just taken eighth spot. Yesterday TRX daily volume doubled as it increased the gap away from the flailing Bitcoin SV. Today that volume has doubled again from $200 to $400 million.
A few hours ago Tron has just exceeded $2 billion market cap which makes it the eighth largest cryptocurrency in the world. Tron is currently trading at a five month high of $0.0320, a price not visited since the end of July last year. TRX is at its highest satoshi level since May 2018, currently trading at 790 sats.

This increased market cap has placed TRX above Tether which has a fixed cap of $1.92 billion. Tron is currently on $2.13 billion at the time of writing and chasing down Litecoin just above it on $2.35 billion. The gap between Tron’s current position and one in the top four is just $700 million.
Naturally Justin Sun had to gloat on twitter, but in all fairness his token is outperforming every other crypto in the top one hundred during the day’s Asian trading session;

Who’s next? #TRON $TRX $BTT pic.twitter.com/6cn3lUOnDz
— Justin Sun (@justinsuntron) January 9, 2019

Momentum is coming from a number of positive fundamentals including the progression of Project Atlas, BitTorrent’s BTT token launch, increased gaming dApp usage as TronGoo takes top spot, OKEx launching TRX margin trading, and the hiring of a former United States SEC supervisory attorney as its first chief compliance officer.
This is all good gravy for Tron which has made an impressive 60% since the same time last Thursday, and 135% over the past month.
Elsewhere in the top ten the gap between second and third is diminishing again as Ethereum fails to hold gains allowing XRP to catch up. At the time of writing the two were only $450 million apart in terms of market cap. Cardano has also made good progress over the past week and is rapidly closing on Bitcoin SV which appears to have run out of steam and is about to exit the top ten.
Image from Shutterstock
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Source: New feedNewsBTC.com

TRON Taking Throne – Snatched 8th Position after surpassing Tether and Bitcoin SV

First BSV and now Tether, Tron is all set to reach the peak. According to the data from Coinmarketcap, Tron spotted on top eighth position by surpassing Tether. Today’s data from Coinmarketcap reveals;

Tron counts the total market cap of $2,078,708,556
Tether valued the total market cap of $1,958,619,891
Bitcoin SV stands with $1,533,615,607

The Momentum
2019 seems to be the winning year for Tron – it had recently surpassed Bitcoin SV which was the prediction of Tron’s founder Justin Sun. Indeed he delivered on his commitment and it had happened. While it surpassed the hard fork of Bitcoin Cash, Bitcoin SV or BSV, Tron became the world’s 9th largest cryptocurrency in the market by whopping 11 percent increase during 24 hrs.

TRON Taking Throne
Nevertheless, Tron is continuously looking for exposure and expansion in the market and as such the team grabs it as soon as the opportunity rings the bell. Consequently, the latest tweet of ABCC exchange which is the zero-trading free crypto exchange has recently remarked the ‘price rise of TRX’. With this statement, they also announced the listing of Tron’s TRC-20 and TRC-10 on their platform.

The price of #TRX has been rising rapidly!
This is testament to the good news we have been hearing from @Tronfoundation recently. We are currently working with Tron to list TRC-20 and TRC-10 on ABCC Exchange!
More details will be shared with you shortly. Stay posted! pic.twitter.com/xZGAaoIydW
— ABCC Exchange (@ABCC_Exchange) January 10, 2019

Furthermore, OKEx, the largest cryptocurrency exchange which presently stands on top third position with a market cap $644,937,399 has announced the launch of Tron (TRX) margin trading. On January 10, 2019, it has unveiled the trading pairs for spot margin trading. The announcement reads;
1. The launch of spot margin trading for the pairs TRX/USDT and TRX/BTC (3x Leverage)
2. Support of TRX for OK PiggyBank

Interestingly, following the top 8th spot, Justin Sun took to twitter asking Tronees ‘Who’s next’. The tweet fueled with a number of comments, pointing Tron to takeover stellar cryptocurrency which presently sits comfortably on the sixth position with a market cap of $2,401,430,743.

Who’s next? 🤜🏻 💥 #TRON $TRX $BTT pic.twitter.com/6cn3lUOnDz
— Justin Sun (@justinsuntron) January 9, 2019

The post TRON Taking Throne – Snatched 8th Position after surpassing Tether and Bitcoin SV appeared first on Coingape.
Source: CoinGape

Justin Sun Delivers on his Commitment – TRON Finally Surpasses BSV

Tron cryptocurrency finally hit ninth position as per the coinmarketcap data– in fact, in the process ‘it surpassed BSV’. This is exciting because Tron’s co-founder Justin Sun is continuously betting and battling with Bitcoin SV’s creator Craig Steven Wright.
 

Quite often he challenges Bitcoin SV with TRON cryptocurrency.

#TRON will surpass #BSV very soon. My bad.😳@ProfFaustus #TRX $TRX pic.twitter.com/kysffRcWgD
— Justin Sun (@justinsuntron) January 7, 2019

At press time, Tron rests at ninth spot with a market cap of $1,720,075,417, trading at $0.025810 with an upward surge of 11.51 percent during last 24 hours. In contrast, Bitcoin SV is down with a meagre rise of  0.97 percent valuing the market cap of $1,538,134,580, as per the data from coinmarketcap. Moreover, Bit-Z, Binance, Upbit, Huobi, BitForex, Bithumb, OKEx, and DigiFinex are the top ten cryptocurrency exchanges contributing ‘major volume’ to Tron’s recent upsurge.

TRON foundation member and its creator Justin Sun is often vocal on social media against Ethereum and Bitcoin SV. However, the moment was realized when on Monday (i.e 7th January 2019) Tron witnessed a positive change of 3.60 percent whereas Bitcoin SV was trading with a rise of 0.32 percent during 24hrs.

 
This strike in the price of Tron cryptocurrency comes after Tron’s initiative of crypto exchange (i.e tron.network), and addition of new dApps. Moreover, the recent announcement by crypto exchange to list Tron on their platforms might also help price hit the mainstream than BSV. Beside this, Tron has also planned to initiate a ‘new BitTorrent token’ by tying up with BitTorrent.
What’s your stake on Tron’s latest achievement? Do you think it will surpass the ethereum? Share your opinion.
The post Justin Sun Delivers on his Commitment – TRON Finally Surpasses BSV appeared first on Coingape.
Source: CoinGape

Tron [TRX] weekly report: Tron to outperform Ethereum [ETH] by the end of 2019

The first week of 2019 has been a remarkable one for Tron with various events and partnerships taking place. Justin Sun, the CEO and founder of Tron, recently tweeted the weekly report of the firm. According to the report, the firm has completed the hard fork logic optimization and development of event subscription function. Currently, the team is working on the multi-signature wallet and smart contracts.
Proposal number 13, which was submitted by Justin Sun, has also been approved. The proposal was submitted by the founder in order to increase the amount of energy on the network. This approval will lead to a massive expansion of the Tron network with reduced transaction costs. The report also mentioned that Tron is striving to take over EOS in terms of the number of DApps being launched. Apart from this, Tron is also aiming to outperform Ethereum in terms of network ecosystem.
Another proposal submitted by one of the super representatives named TRON-ONE has also been approved. This proposal is expected to improve the scalability of the ecosystem. Users can now create and name their own tokens with the existing token names. Further, the TRC 10 and TRC 20 smart contracts will be connected once the token name duplication is approved. Therefore, all Dapps will be able to use TRC10 tokens for circulation.
BitTorrent Inc, which was acquired by Tron in the year 2018, announced the release of a new token named BTT which is TRC10 compatible. The firm also mentioned that the token will be available on Binance Launchpad for non-US customers.
According to the report, a decentralized exchange called TRXMarket exceeded the daily transaction volume by 200 million TRX. Also, TRX has been listed on a global cryptocurrency trading platform named COINBIG.
At the time of writing, Tron [TRX] is trading at $0.023 with a market cap of $1.5 billion. Earlier today, the cryptocurrency had outperformed Bitcoin SV to take the 9th position by market cap. The cryptocurrency has shown a massive surge of over 25% in the past week. According to CoinMarketCap, the highest trading volume for Tron is seen on Bit-Z for TRX/BTC trading pair.
The post Tron [TRX] weekly report: Tron to outperform Ethereum [ETH] by the end of 2019 appeared first on AMBCrypto.
Source: AMB Crypto

Tron [TRX] becomes ninth-largest cryptocurrency after overtaking Bitcoin SV [BSV]

The cryptocurrency market has been reporting several position swaps recently, and at the time of press, Tron [TRX], that was the tenth-largest coin on the CoinMarketCap list, has been promoted to the ninth position. The coin overtook Bitcoin SV [BSV] and is still reporting gradual growth.
Source: CoinMarketCap
At the time of press, TRX was valued at $0.0233, with a market cap of $1.557 billion, while BSV, the coin it overtook, was valued at $88.41, with a market cap of $1.551 billion.
Tron registered a 24-hour trade volume of $133 million with a growth of 2.01% over the past day. The coin has registered an overall growth of 20.24% over the past week and is still growing by 0.75%.
TRX was largely traded on Bit-z. It registered a trading volume of $24 million on the TRX/BTC pair. The exchange was followed by Binance on the second position, which recorded a trading volume of $16 million on the TRX/USDT pair. Huobi took the third position with a trading volume of $11 million on the TRX/USDT pair.
Source: CoinMarketCap
BSV reported a 24-hour trade volume of $57 million with a growth of 0.17% over 24 hours. The coin registered a minimal growth of 1.98% over the past week and instead of a massive slip, is seen to be recovering by 0.01%.
The coin registered a maximum trading volume of $7 million on Binance on the BCHSV/USDT pair. Binance was followed by Bitmart on the second and third position with a trading volume of $6 and $5 million respectively on the BSV/BTC and BSV/USDT pairs.
Justin Sun, the founder and Chief Executive Officer [CEO], had already announced about this happening in the day on Twitter and took a dig at Craig Wright, the famous proponent of BSV.
Source: Twitter
Tron had been performing well since the past few weeks and has emerged as a winner in the bleeding market many a time. The slip of BSV to the ninth position is an added benefit for Tron and since then, this swap was highly anticipated.
Source: CoinMarketCap
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Source: AMB Crypto