RATE Group | Tron [TRX] surges while Cryptocurrency markets slow down
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Tron [TRX] surges while Cryptocurrency markets slow down

22 Dec Tron [TRX] surges while Cryptocurrency markets slow down

Posted at 12:47h in Cryptocurrency News by

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Cryptomarkets saw a small boom, in which Bitcoin price crossed $4,000 again. Bull speculation has slowed down since then, and all major cryptocurrencies are showing red, except Tron. Tron stands out with an 11.6% increase since the past 24 hours.

As Tron’s market cap increases, Tron’s volume has more than tripled in the past 10 days. Tron’s trading volume on 10th December 2018 was $76 million, but now it is $314 million. Developer’s migration and increased negative news around Ethereum is one of the major reason for Tron’s increase in marketcap.

Tron’s market cap on 22nd December

Tron’s market cap on 22nd December. Source: Coinmarketcap

Tron’s market cap on 10th December

Tron’s market cap on 10th December. Source: Coinmarketcap

Justin Sun, the founder of Tron, is also calling all the laid-off Consensys team members to join the Tron family. He even gave Tron’s recruiting email, to ensure people can easily send their resume to Tron foundation.

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