Tron (TRX) News – Tron (TRX) starts the year with a bang

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It is just the year 2019. Many were not expecting any big moves from cryptocurrencies. Most of the cryptocurrencies have remained stagnant having fallen for the first month of the year. However, one cryptocurrency certainly stands out from the rest in this regard. It has, in fact, gained signficantly in the first month of 2019. The cryptocurrency which we are speaking about is Tron (TRX).

Tron (TRX) starts the year with a bang:

When you look at the performance of Tron in January 2019, it has increased by 34%. Investors think that 2019 will be a pretty strong year for Tron (TRX). The first month has been pretty strong it has been defying the trend of the other cryptocurrencies. While most of the other cryptocurrencies including the mainstream ones like Bitcoin (BTC) are almost at the same levels, Tron (TRX) continues its march.

Even on the fundamental front, Tron (TRX) is gaining more and more steam. The number of users on the blockchain is increasing on a consistent basis. As the number of users increases, the value of the cryptocurrency is bound to rise eventually. However, that has been happening for the Tron (TRX) to quickly. There is no delayed gratification when it comes to Tron (TRX) token prizes after the increase in the users. In fact, it seems like Tron (TRX) Price is increasing in anticipation of even more users.

When you look at the fundamental developments in Tron (TRX), you will realize that it has launched a BitTorrent (BTT) token. BitTorrent (BTT) token was launched to just recently after a super successful ICO. The sales concluded within 15 minutes. BitTorrent was acquired by Tron (TRX) in the year 2018. It is a decentralized P2P filesharing service. Tron (TRX) plans to monetize it by incentivizing all the stakeholders in the P2P network to share more files. That is why Tron (TRX) decided to launch the BTTtoken. It is the cryptocurrency in which the users will get incentives.

The year 2019 seems to be going fundamentally strong for Tron (TRX). However, it is just the start of the year, and there is a lot of time to go. For now, however, it is the apple of the eye and investors think that in the year 2019, it can rise even more. If that happens, it might sure turn out to be the best performing cryptocurrency among the top 30 cryptocurrencies currently. It has had a great start, however.

About Priya 131 Articles
I am an IT engineer by qualification and like to explore the crypto and blockchain space in my free time.

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