Update:
Tron (available on Binance) Launched its test net just three days ago, and TRX’s price has finally begun to rebound. In the lead-up to its launch, the coin gained nearly 75% in price but on the day of its launch, the coin’s price fell.
Source: CoinMarketCap
It is unclear if some investors quickly took profits of the coin’s gains from the beginning of the week but that is most likely the reason behind the drop.
Tron (available on Binance)’s founder, Justin Sun, updated the success of the test net launch via his personal Twitter (NASDAQ:TWTR) today.
It took #Tron (available on Binance) three days to launch 126 nodes in 5 contients of the world. United States is the top 1 with 50 nodes. China, Spain, Vietnam, Germany, India and UK is doing great! Welcome to the test net! #TRX $TRX pic.twitter.com/hcwFOy0qDd
— Justin Sun (@justinsunTron (available on Binance)) April 2, 2018
He also posted an infographic of Tron (available on Binance) (in 60 seconds) and its success, thus far.
Everything you need to know about #Tron (available on Binance) in 60 seconds!#TRX $TRX pic.twitter.com/RRYPRDiIin
— Justin Sun (@justinsunTron (available on Binance)) March 31, 2018
Tron (available on Binance)’s main net is set to launch on May 31st, 2018. Currently, TRX is trading at $0.033 a coin, up 6.83%, in 24 hours.