TRON [TRX] is known for its “announcement” fever, exciting activities and media buzz in the crypto-market. The co-founder of TRON Justin Sun and his team had made it a point to run as many promotional events and campaigns as they can to get the coin at this position.
As observed on CoinMarketCap, TRX has just broken through the $3.246 billion barrier and overtaken IOTA.
TRON MainNet token swap is here and garners support from various exchanges like Bitbns, Bibox, Binance, Bitfinex, Bitopro, Bitforex, Bittrex, Coinegg, Coinrail, Huobi, and more. Even the most awaited migration, the TRON Foundation’s token migration is right around the corner.
Tron will be migrating from the ERC20 to the TRON20 standard, a native coin for the Tron Mainnet. This will be a 1:1 swap, and as of now, there are already 30 exchanges that are supporting the TRX token migration that is scheduled to happen on June 24th at 0:00 AM (GMT +8).
Currently, the TRX supporters hold ERC20 tokens that were created on the Ethereum network and these will no longer be compatible with the new platform.
At the time of writing TRX is ranked at #9, the coin has taken over IOTA. TRX has a trading price of $0.049, it has a market cap of $3.24 billion. TRX has seen a rise of 1.3% in the past hour and a whopping 18% in the past week at press time.