Sat, April 20

TRON Grand Hackathon 2022 Has Officially Begun, Will TRX Hit New ATH?

Altcoin News
  • $500K is offered to encourage more entrepreneurs & developers.
  • The TRON Grand Hackathon provides a platform for new talent to shine.

As of February 14th, the registration for the TRON Grand Hackathon 2022 is open. One of TRON DAO’s long-term goals is promoting the widespread use of blockchain technology and cross-chain solutions.

Developers are encouraged to participate in the Hackathon to design and implement DeFi, GameFi, NFT, and Web3 applications on TRON and other blockchain platforms. Furthermore, $500K is offered to encourage more entrepreneurs & developers to build blockchain-related applications on BitTorrent Chain.

H.E. Justin Sun, Founder of TRON, said:

<blockquote> “The future is not far from where decentralized storage, decentralized applications, digital assets, and cryptocurrency wallets are widespread. With the increasing use of decentralized, peer-to-peer and secure networks, blockchain is becoming the backbone of Web 3.0 – the decentralized web.” <blockquote>

Platform For New Talent to Shine

The TRON Grand Hackathon provides a platform for new talent to shine and contribute to the advancement of Web 3.0 and the blockchain industry as a whole. A smart contract or other blockchain-related application may now be built by entrepreneurs, engineers, and designers at the TRON Grand Hackathon.

Even more importantly, development on BTTC allows for the creation of applications that can be transferred to a variety of other blockchain platforms shortly. At the time of this writing, TRX was trading at $0.06506, with the RSI securely inverted and creating bullish trend line support after the falling wedge breakout. Price and RSI have diverged since February 7th, with higher highs and lower lows.

TRX/USDT: Source: TradingView

In other words, it seems TRX will support a short-term bullish surge before reversing course completely. Only time will tell whether the forthcoming Grand Hackathon will set a new all-time high for TRX price, which was last witnessed four years ago at $0.3004.

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