What is TRON?
According to official website, TRON is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.
Tron gained over 200% in last 24h and almost 50% in last 24h.
TRON Price Chart
At the moment of press, these are the main market parameters:
- Average Price $0,056585
- Market Cap $3 720 368 046
- 24h Volume $440 181 000
Most of the TRX are being traded at:
Reasons of price rise
Let's try to figure out, what stands behind huge price rise. Today, on 21.12.2017, TRON reported that TRX will be traded at OKex, popular crypto exchange.
Another big news of TRON. https://t.co/Atk9cdcNeh
— Tron Foundation (@Tronfoundation) 21 декабря 2017 г.
On 8th of December, TRX coin was listed at Bitnewex exchange.
TRX is listed on another exchange again！！！ https://t.co/RHRJj4qtkk
— Tron Foundation (@Tronfoundation) 8 декабря 2017 г.
On the background of these events TRON is showing some great price rise.