0
📰 News
1134 views

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

  • Yuri Molchan
    📰 News

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

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

👉MUST READ

McAfee’s New DEX Allows Anyone to List Any Ethereum-Based Coin Free of Charge

McAfee’s New DEX Allows Anyone to List Any Ethereum-Based Coin Free of Charge

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!

In this Telegram channel you’ll find fresh news, interviews, infographics, forecasts & other helpful stuff. Join U.Today's channel.

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.

Recommended articles
0
📰 News
130 views

Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency

  •  Denis Sinyavskiy
    📰 News

    Former US Congressman Ron Paul shares his thoughts on the possible creation of Fed’s own cryptocurrency

Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency
Cover image via www.123rf.com

Former US Congressman Ron Paul spoke on Fox Business and said that the Fed should not think about creating its own cryptocurrency.

Fed’s Crypto: To Be or Not To Be?

Rumors have been circulating for the past few months about the Fed possibly creating own cryptocurrency. It is expected that a digital coin would become a competitor to its counterparts on the market, and may even replace fiat money. President Patrick Harker, President of the Federal Reserve Bank of Philadelphia, commented on such rumors at a recent conference:

“It is inevitable. I think it is better for us to start getting our hands around it.”

However, there has not been no official follow-up by the Fed towards a crypto exchange. While proponents of this idea believe such innovation is necessary, it is expected that the exchange could stop the current delays involving US bank transfers.

What do the opponents think about the Fed's own cryptocurrency?

The idea of ​​creating the Fed's cryptocurrency has its opponents. This includes Ron Paul, who believes that the Fed is in a better position to stay away from digital coins and allow the private blockchain sector and payment platforms to resolve this discussion in real-time. What the Fed plans to do next is unclear, but the central bank may still enter the game.

Only the most important posts per day. Infographics, analytics, reviews & summaries. Follow us on Facebook!

About the author

Starting with a simple interest in cryptocurrency, over the past two years, Denis has worked in a cryptocurrency fund and become an author with an analytical bias. His engineering degree helps with the analysis of the technical part of the cryptocurrency market. As a fan of cryptocurrency, Denis believes that the blockchain technology is the future.

Recommended articles

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy

Cookie settings