Tron (available on Binance) [TRX] & Cardano [ADA] – Both Tron (available on Binance) and Cardano are having massive weeks this week, as updates to both crypto projects are being released to the public. Tron (available on Binance) is just a day away from launching its main net and Cardano has just released Cardano V1.2.
The market is mostly in the green today, following an announcement that the South Korean government has proposed to lift its ban on initial coin offerings (ICOs).
Let’s see how TRX and ADA are doing on the market today.
Tron (available on Binance) [TRX]
Source: CoinMarketCap
The team behind Tron (available on Binance) has been full steam ahead, since its test net launched at the end of March. The team has implemented a new Super Representatives Election to facilitate the governance of Tron (available on Binance), as well as getting all exchanges on board for the TRX token migration.
Many analysts predicted a ramp up in the price of TRX just before the main net launch, but that doesn’t seem to be the case. There have been a few Twitter marketing ‘pumps’ by Tron (available on Binance)’s founder Justin Sun to boost the coin’s price, but none have worked like they did before.
At press time, TRX is trading at $0.0639 a coin, down -1.33%, in 24 hours. For the week, TRX is down -19.21% and for the month, the coin is down -25.17%. Year-to-date, TRX is up 43.27%.