TRON gained over 200% in a week

Let's figure out what stands behind huge price rise of TRX coins
21 December 2017   2417

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 Price 

Tron gained over 200% in last 24h and almost 50% in last 24h.

TRON Price Chart
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:

  1. Binance
  2. CoinEgg
  3. Liqui 

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. 

On 8th of December, TRX coin was listed at Bitnewex exchange.

On the background of these events TRON is showing some great price rise. 

Bitcoin Cash Hardfork Implemented

Hardfork of a hardfork... just don't get confused in this crazy world of cryptocurrency
16 November 2018   80

Today, on November 15, a hardfork was implemented in the Bitcoin Cash (BCH) network. The first block in the Bitcoin ABC blockchain has mined a pool of Bitcoin.com.

The last “common block” was # 556,766, mined by SVPool. on which the protocol update was activated.

Bitcoin SV got its first block. Now we can definitely talk about the division of Bitcoin Cash into two competing blockchains. Roger Ver, right before the hardfork, said that his pool had sent a significant amount of power to mining Bitcoin ABC.

Bitfinex exchange announced the transfer of BAB and BSV coins to the accounts of BCH holders.

Poloniex converted all BCH balances into assets BCHABC and BCHSV. At the same time, the BCH market became unavailable. Instead, the BCHABC / BTC, BCHSV / BTC, BCHABC / USDC and BCHSV / USDC trading pairs appeared. I / O of BCHABC and BCHSV is not yet available, but will open when the network stabilizes.