Cryptocurrencies made a sTron (available on Binance)g comeback in the middle of the week, after posting 2018 lows a few days prior. Investors began dumping digital currencies after Bitcoin (available on Coinbase) Cash miners decided to split the chain in two. After the hard fork, an all-out hash war began, and investors weren’t pleased. Investors began buying back digital currencies when various crypto-positive news announcements were made earlier this week. Most coins have since corrected from their gains, but Litecoin (available on Coinbase) (LTC), Tron (available on Binance) (TRX), and ZCash (ZEC) are still in the green for the week.
Let’s take a closer look at these coins and their latest updates.
Litecoin (available on Coinbase) (LTC)
At press time, most top 20 cryptocurrencies are trading red. LTC is currently trading at $32.07 a coin, down -6.05% in 24 hours. For the week, however, the seventh largest digital currency is up by 0.16%. While this may not seem like a lot, most top digital currencies are seeing losses this week near the double-digit percentages.
The Litecoin (available on Coinbase) Foundation and Charlie Lee, its founder, haven’t announced any big changes to the Litecoin (available on Coinbase) network recently. Lee did weigh in on the BCH hash war though.
The ABC vs SV fork is a good real world test of the Nakamoto Consensus. Though not perfect because if BCH dies, miners can go back to mining BTC. What happens when there’s an ideological entity that has the means to 51% attack a competing fork? We will find out tomorrow! 🍿 https://t.co/HdX4sa9059
— Charlie Lee [LTC⚡] (@SatoshiLite) November 14, 2018
Tron (available on Binance) (TRX)
Tron (available on Binance), the world’s 12th largest cryptocurrency, is up 4.98% this week. At press time, TRX is trading at $0.0142 a coin, down -9.72% in 24 hours. The blockchain project is known for juggling many different plates when it comes to the development of their project. Early this morning, the Tron (available on Binance) team released its weekly dApp report.
Check out the #Tron (available on Binance) Dapp Weekly Report 11.24-11.30. #TRX $TRX https://t.co/VHqXWjlZa7
— Tron (available on Binance) Foundation (@Tron (available on Binance)foundation) November 30, 2018
In addition to this, earlier last week Justin Sun, Tron (available on Binance)’s founder, announced that Tron (available on Binance) had reached nearly 2 million Txs per day.
New record 1,841,055 Txs per day! Will break 2 million very soon! #Tron (available on Binance) #TRX $TRX pic.twitter.com/o5oITNRYAE
— Justin Sun (@justinsunTron (available on Binance)) November 24, 2018
That’s definitely somETHing worth celebrating.