Thu, April 25

Total Value of TRON (TRX) Surpasses $57.8 Billion as per Justin Sun

Total Value of TRON Surpasses $57.8 Billion as per Justin Sun Editors News
  • The TRON community will be given exclusive access to Genesis NFT badges.
  • APENFT’s mission is to establish a global cross-field collection of art.

TRON network’s numerous products include wallet clients, public chains and Dapps. For its part, TRON claims to be the world’s fastest-growing public chain, with 2.7 billion transactions and millions of daily active users. In addition, virtual currency TRON (TRX) was created to remove intermediate control over entertainment enjoyed by firms such as iTunes and Facebook from the centralized web to a more decentralized internet.

TRX was not designed to be an alternative to fiat currencies like Bitcoin or Ethereum but rather to provide a payment mechanism and platform for artists who publish and keep their works on the TRON blockchain. As a result, there are only 100 billion TRX coins in circulation, distributed at TRON’s inception.

Tron Network on the Rise

The Tron (TRX) network has measured some outstanding outcomes in the last several months. According to Justin Sun’s most recent tweet, the total value of TRON has topped $57.8 billion. Additionally, with the launch of the APENFT Marketplace on March 31st, the TRON community will be given exclusive access to Genesis NFT badges to decrease the entrance barrier for new members.

APENFT’s mission is to establish a global cross-field collection of art and serve as a conduit for established conventional artists to break into the NFT market. BitTorrent File System (BTFS), the world’s most extensive distributed storage system, and the TRON network’s underlying technology enable this project to give NFT art enthusiasts safe, trustworthy, efficient and decentralized services. According to CoinMarketCap, TRON price today is $0.071615 USD with a 24-hour trading volume of $1,214,439,123 USD. TRON has been down 1.97% in the last 24 hours.

Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago.