TRON Cryptocurrency (TRX) Plows into the Green as Bitcoin Price Stagnates
发布时间：2019-01-07 14:29:52 发布人：TokenString

After a continuous flow of positive news from the TRON Foundation, the TRX coin is outpacing the rest of the top 35 currencies with 24-hour growth of over 7%. Bitcoin (BTC) is up less than 1% today.

TRON has reported anything from achieving major blockchain milestones to an ever increasing number of dApps on its chain in recent weeks.

TRON Price Over the Last Month Source: Trading View

What might be triggering TRON’s current rise, however, is that BitTorrent will sell its token on the Binance Launchpad. The TRON Foundation and founder Justin Sun acquired the BitTorrent platform in June 2018. At the time the acquisition propelled TRX upwards 17%.

In October TRON announced Project Atlas, its plans to add blockchain and blockchain-based tokens to BitTorrent and its 27 million strong user-base.

Sun’s burgeoning relationship with Binance CEO Changpeng Zhao emerged in Malta a few months ago.

The TRON Foundation at the time committed a donation of $3 million to Binance’s Blockchain Charity Foundation (BCF).

BitTorrent Token to Launch on Binance LaunchPad

In recent days it has emerged that a BitTorrent token will be one of the first projects on Binance’s token creation platform Binance LaunchPad. Calling the BitTorrent development “game-changing,” Binance wrote:

“BitTorrent’s protocol is empowering a new generation of content creators with the tools to distribute their content directly to others on the web. BitTorrent’s new BTT token will allow BitTorrent peers to incentivize activities that lead to better file sharing, like using faster networks and enabling longer seeding periods.”

Crypto Investors Inspired by BTT Token

Though BitTorrent will have its own token BTT and no real connection to TRON’s TRX it seems obvious that cryptocurrency investors are inspired by the progression of BitTorrent tokenization. Thus, putting their confidence into TRX.

TRON has been steadily publishing details of the BitTorrent token and planned airdrop on its Twitter feed.