The NiTRON Summit by the Tron Foundation is less than two weeks away and the excitement is evident as can be seen with the current market performance of TRX. Checking Coinmarketcap.com, we find that TRX is firmly in the number 10 slot at a value of $0.023. The digital asset has gained 13.5% in the last 24 hours and looks set to take the number 9 spot from Bitcoin SV (BSV).
Only $38 Million in market cap value separate the two digital assets.
Why Tron Has the Momentum
As earlier stated, the NiTRON summit is 12 days away and the anticipation is building up amongst the crypto community as to what will be presented by the guest speakers as well as the Tron Foundation during the event.
Other factors boosting Tron’s momentum include the recent launch of the BitTorrent (BTT) Token on the Tron Network. The exchange BTT will allow users to improve the speed on the BitTorrent network. There is also the additional technical developments on the platform such as an increment of DApps running on the Tron Network. At the moment of writing this, there are 50 Tron DApps as reported by DAppRadar.com.
More About the NiTRON Summit
Scheduled for the 17th and 18th of this month at the Yerba Buena Center for the Arts in San Francisco, the NiTRON summit aims at breaking down industry barriers as well as exploring potential blockchain solutions for real life problems. Guest speakers include Justin Sun, basketball legend Kobe Bryant, Mick Tsai, Jazz Kang, Feng Wang, Taehoon Kim, just to name a few. The full list of guest speakers can be found on the NiTron website.
Enthusiasm of the Tron Community
The Tron project has one of the most active communities in the crypto verse. This is also a fundamental factor as to why the project and coin is popular. The community is the first to highlight new milestones reached by Tron as can be seen in the following tweet by Misha Lederman.
#TRON hit 560 Satoshi on Jan 5, which is the highest BTC value of TRX since July 8, 2018, half a year ago#TRX has achieved +1 million accounts & +100 DApps during a year long bear market#niTROnSummit in 13 days
The rise of TRON has only begun#IAmDecentralized 🖖🏽$TRX $BTT pic.twitter.com/cBCVcuBBam
— Misha Lederman (@mishalederman) January 5, 2019
What are your thoughts on the Tron project and TRX coin gathering momentum in the first month of 2019? Will this pace be maintained throughout the year? Please let us know in the comment section below.
Disclaimer:This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.