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Tron (TRX) Returns to Spot 11 on CoinMarketCap, Adding 500,000 Users More in Q3 2019

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    Tron returns to spot #11 on CMC thanks to the DAPP.com report calling it the second most popular dApp-building platform after Ethereum

Cover image via news.u.today

TRX is now back to position 11 on CoinMarketCap – something that the TRON founder Justin Sun has been busy with since August this year, after his issues with the Chinese government and stone kidneys were over. The latter was the official reason for delaying his much-hyped lunch with the global investment guru Warren Buffett.

As U.Today reported earlier, Sun is presently busy rescheduling the event with Buffett and the guests from the crypto industry and the Tron CEO had invited.

The return of TRX to position 11 could be the result of the positive mention of Tron in the recent Dapp Market Report for Q3 by DAPP.com, calling Tron the second most popular platform for making dApps after Ethereum.

Besides, on Monday, U.Today reported that John McAfee has confirmed that his recently launched in beta platform McAfeedex will soon be added to the Tron blockchain as well. That fact triggered the growth of TRX by nearly 5 percent.

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At press time, TRX is showing the same rise but it is on spot #11, whereas yesterday it occupied position #12.

Tron
Image by CoinMarketCap


What is your opinion of TRX and its potential? Let us know in the comments below!

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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Bitcoin Price Likely to Decline to $7,800: Crypto Analyst

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    Bitcoin is to find support at $7,800 or recover to $8,300, an analyst writes, but either way ‘continuation of the ranging on either of the levels is going to occur’

Cover image via www.123rf.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Over the last few days, Bitcoin has been trading below the $8,500 area. At the moment, it has recovered to $8,258 after the recent slip below the $8,100 level.

Analysts have been bullish on BTC in the long run, however, the nearest BTC price movements are expected to be bearish.

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The crypto analyst @CryptoMichNL believes that there are two paths ahead of Bitcoin at the moment. If it fails to recover to $8,300, he says on his Twitter page, then the market should be ready for the flagship coin to drop and find support at the $7,800 or $7,300 levels.

Whichever way it goes, ‘continuation of the ranging on either of the levels is going to occur’.

The analyst tweeted this forecast twice with an hour pause.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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