TRON is a decentralized open-source cryptocurrency that was founded by TRON Foundation. TRON incorporates a blockchain based peer-to-peer technology which basically means that like other cryptocurrencies, it is capable of eliminating the middleman.
TRON the top holder of entertainment traffic makes an amazing boost in cryptocurrencies ranking from number four to number one within an hour in Bittrex. It is a next-gen digital currency exchange in the world of Cryptocurrency.
TRON also made its place in Upbit (Biggest Korean cryptocurrency exchange platform). It was listed yesterday and make its second place on Upbit.
Here is the tweet by Justin Sun:
The majority of the entertainment traffic data today is owned by huge corporations like Facebook, Amazon, Apple, Google. TRON’s primary goal is to give back the control and ownership of that entertainment traffic data to its users.
He believes that he can do so by controlling the distribution channels of content creators through a virtual peer to peer sharing. TRON’s most valuable asset is that it has built a decentralized content subscription platform where artists of any kind can charge users for their entertainment content.
This huge increase in TRON’s price is not just the result of BTC price hike. Its the result of all the traffic that TRON’s blockchain platform is receiving.
TRON price has gained a 12.97% over Bitcoin and 16.6% over Ethereum.
S.M Heinrich, a cryptocurrency investor recently tweeted:
“Those who call $TRX a bad investment shouldn’t even be called “investors”. #TRX#tronix #tron #justinsuntron”