The general cyrpto-markets feel is one of optimism. All the coins are in the green save for an unlucky few. Leading the charge, is Tron (TRX) that has gained 16% in the last 24 hours and is currently trading at $0.077. Other top coins are also experiencing a similar rejuvenation with Bitcoin (BTC) up by 3.51% in the last 24 hours and currently trading at $8,694. The question now is, will the King of Crypto get back to levels above $9,000 and guide the rest of the markets to better times this coming week?
Ethereum (ETH) is also in the green with a 10.60% increment in 24 hours and currently trading at $736. Ripple (XRP) has not been left behind and is trading at $0.75 and up 11.21% in 24 hours. Bitcoin Cash (BCH) is also doing wonders with its current value of $1,487. EOS and Litecoin are also experiencing the current rally with values of $14.82 and $145.69 respectively.
With regards to Tron (TRX), the leader of the pack in this market recovery, a lot is scheduled for the token and project in the coming days.
To begin with, there is the launch of the MainNet of the Tron blockchain platform that is scheduled for the 31st of May this year. The current countdown reads 17 Days 3 Hours and 50 Minutes to the MainNet launch. This is a little less than three weeks away. It will be an exciting time till then.
To add to the above, is the TRX migration happening on the 21st of June this year. The Tron Website has this to say about the migration:
If your TRX is held on an exchange, no action is required. If your TRX is held in a wallet, you must deposit your TRX to an exchange before June 24, 2018 to avoid any losses. From June 21st– 25th, TRX withdrawals on exchanges will be suspended. On June 25th, both TRX deposits and withdraws on exchanges will be suspended. Deposits and withdraws will resume on June 26th. During this period, TRX trading will not be affected. If your TRX is held in a wallet and you were not aware of the migration notice, or saw the migration notice after June 25th, please visit our permanent token-exchange counter to exchange y.our tokens for Mainnet TRX
The Tron project also has one of the most youngest and enthusiastic team in the Crypto-verse that is being led by Justin Sun, a protege of the famous Jack Ma. With over 20 decentralized apps scheduled to run on the Tron MainNet, Justin Sun has truly proven himself to naysayers who had predicted doom for the project from the get go.
What now remains to be seen, is the new heights the token, and later coin, will reach in the markets with the exciting events that have been scheduled on the Tron calender. Also to note is the Tron Super Representative Elections that has been scheduled for the 26th of June only days after the TRX migration that was earlier mentioned.
The next two months will be an exciting time for the Tron Project and the entire crypto-verse.