With the cryptocurrency market booming in recent years, many software developers started to get involved in this process by producing altcoins.. TRON, which is currently on a good rise, is one of these altcoins.
TRON, which joined the cryptocurrency market on September 18, 2017, defines itself as a Blockchain-based site.. The important emphases used during this definition are on free content and entertainment.. The protocol used in the infrastructure of the TRX system is designed to help users freely publish, subscribe and distribute the data they want without a center.
TRX uses a compiled storage technology.. In this way, it aims to establish a decentralized entertainment system that will appeal to many people around the world.. TRX, which has been on the rise especially with small investors turning to altcoins, has been on the rise for a few days.
TRX has basic working principles.. These can be explained as follows:
- Data freedom: All kinds of content can be freely uploaded to the platform.. At the same time, there is no limitation on storing and distributing data.
- Providing content: Digital data is gained thanks to the contents in the system. This is how the platform works.
- Personal ICO: Platform members can organize ICOs. In this way, the digitally acquired asset can also be distributed.
In recent weeks, Justin Sun, known as the founder of TRON, made some statements from his personal account.. After this statement, which stated that they will grow a lot soon, TRX went on an extraordinary rise.
What is the market value of TRON (TRX)?
According to Tron Coinmarketcap data, the 10 most traded cryptocurrencies are currently. Appears as virtual currency. The number of TRON currently circulating in the crypto money market is 65 million-odd.. The total amount of tokens produced is 100 million.. TRX is currently trading at $0.159663 according to data. TRX, which was $0.0049 in December, rose by approximately 3061 percent today.. This made some investors a serious profit.. For example, if you had invested $1000 in TRX in December, you would have approximately $30,000, i.e. TL 112 thousand, at the moment.
For those who want to invest in TRX, there are many stock markets. traders often use Binance. It is possible to buy TRX using Bitcoin and Ethereum on the Binance exchange.