TRON (TRX) independence seems to have given it the wings to position itself and hit the top 5 list. The coin has been listed on three exchanges within a week after the MainNet launch. This coincides with the token migration and listing is aimed at ensuring high volumes are achieved once the brand new platform goes live.
The team behind the TRON and the Founder, Justin Sun appear to be on a mission to ensure the hype does not die before the time the migration is completed. This has in the past few weeks raised speculation on the direction the TRX price will take.
TRON (TRX) Listing on MAX Exchange
In a span of one week, TRON is now paired with USD. Making the announcement, TRON fonder Justin Sun on his twitter handle said:
“MAX/Maicoin is the largest Crypto trading platform in Taiwan and #TRX now has first $TRX/$TWD trading pairs.”
The deposits are already on although the live trading is set to commence on June 6. This comes hours after TRX got listed on Indodex in Indonesia and CoinEx. The speed at which the token is being listed is a clear indication mass adoption is the main goal.
The quick listings appear to keep the community engaged in readiness for the completion of the token migration. With increased listing, it means that the token is setting out its roadmap for a global route to the market. Picking MAX , and Indodax the largest exchanges in Taiwan and Indonesia respectively, will see TRON venture into virgin markets in the Asian subcontinent and beyond.
TRON (TRX) Shift Market Partnerships
TRON has also announced a new partnership with Shift Markets and this will see the token have access to the global Forex Trade markets. The strategic partnership will increase the number of its brokers from nine to ten. This will also see the token gain entry into the UK and Indian markets.
According to the Shift Markets CEO, John McAfee, the collaboration will bridge the chasm between the FX markets and the cryptocurrency landscape. This has come as a result of increased demand for TRX in the current market. A cross over between the two markets is the future of TRON. Shift Markets in a key player and offers TRON token trading in all currencies on its platform thus making the token more available across the world.
Making the announcement, the TRON foundation said:
“We are excited to bridge the gap between the FX and crypto markets with a popular and exciting project like TRON,” said Ian McAfee, CEO of Shift Markets. “The demand from FX has been enormous, and we anticipate more and more crossover between the two markets.”
More TRON (TRX) Token Migration Support from OTCBTC
With the continued support for the completion of the MainNet and token migration OTCBTC has added its weight behind TRON. This is a major boost to ensure that the migration is flawless and there are no hitches. This means if you are a TRX holder, you can deposit your RC20 token at OTCBTC before June 21 and get the same amount of TRX come June 26.
However TRX is still trading on the red and there is a lot of anticipation that the situation is going to change beginning of July. The token is trading at $0.058593 after shedding 0.98% to the USD at the time of writing. The token appears to be gaining momentum and set to surpass the last three day high of $0.07 in the coming days.