As the crypto- sphere battles to get back on its feet, Tron (TRX) appears not to be distracted by the market trend. Just days after attaining autonomy and migrating to own blockchain outfit, the journey seems to have just begun. The moment the community as waiting for has just arrived with more events happening.
It also appears that Tron was being tied down by the mother ecosystem; Ethereum and their hands were tied to hold them from expanding. The main focus now is to go all out and reach every corner of the globe where the former ERC20 token could not get under the Ethereum network. Their route to market appears to be open and the sky is the limit.
Tron (TRX) is Now Listed on Coinex and Indodax
Tron is now roaming freely and is chatting its destiny at will; just hours ago, Justin Sun announced that TRX is getting listed on Coinex and holders can deposit their TRX and it is paired to Bitcoin Cash (BCH) and Bitcoin (BTC). These pairs are set to increase as the exchange and Tron repositions into the market. TRX users can now deposit while waiting for live trades to commence on 6th June at 11:00an (GMT +8).
Making the announcement, The Tron CEO, Justin Sun said:
It appears that there is not time to sit on their laurels and expect the coin to push itself into the market after the successful MainNet. The listing comes a few hours after the coin was listed on the biggest Indonesian digital currency exchange, Indodax.
Indodax sees TRX paired with the local Indonesian currency Rupiah (IDR) among others major coins on the platform. live deposits starts today at 8:00am with live trading slated to start on June, 5 at 15:00 WIB.
After the announcements, the Tron fraternity could not hide their excitement and an entry to Indonesia is set to increase the presence of the coin in the larger Asian subcontinent. With the regulations biting hard for cryptocurrencies, Indonesia proves to be a safe haven for Tron as it plans to shift its base to Malta towards the end of the year.
Tron (TRX) Super Representative (SR) Elections
With the much anticipated SR elections slotted for the June 26, TRX performance has not lived to the hype around it, however, the supper representative event will chart the way forward for the sleeping giant since these Reps will act as the self-governance arm of the platform.
Most of the interested representative form a very promising strategic partnership set to drive Tron to the next level. Hello World, a development company in software has shown interest. Other interested parties include Dexnode and Infinity Stones.
There are 27 seven slots up for grabs and those taking up the positions will have the huge task of taking the Tron network to a whole new level. This is one of the fasted ways for the platform to grow in popularity, traction and TRX value.
Tron (TRX) Price Check
Aid the hype, TRX appears to be still stuck on trading in the red. For the last 7 days, the token has shed 8.87% against the dollar and 4.70% in the last 24 hours. Justin Sun critics seems to argue the hype around TRX is doing more harm than good but more is expected after the token swap and migration is completed and the elections concluded.
The TRX is currently trading at $0.059 down from $0.072 recorded on May 26. However, this is an opportune time to stock TRX as it appears set for a bull run in the coming weeks. Once the investors are confident, the token is set for a breakout going forward.