BALLY, Penn. – The continuing uptrend of cryptocurrency trading prices seems to have had a positive effect on TRON (TRX), Dash (DASH), Neo (NEO), and other top altcoins. Considered an ambitious venture, Tron (TRX) aims to build an effective frame for a decentralized internet with Tron Protocol. As the leading blockchain-based OS in the world today, Tron Protocol provides high scalability and maximum production process when it comes to the applications in the TRX ecosystem.
As mentioned in an official report, TRON’s objectives include the establishment of a global entertainment system without the assistance of middlemen. Hence, all the profits earned will revert to the creators. Smart contracts for token issuance and crowdfunding are made simpler with Tron Protocol and TVM. In fact, about 100 regions and countries globally are using the Tron DAPP designs.
The team of developers behind this altcoin are avid supporters of Sir Tim Berners-Lee, who believes that said protocol should be considered an asset instead of being considered a profit-making machine. Under this guiding principle, Tron Foundation was established in Singapore and has established the TRON network with fairness and transparency. This could be one of the primary reasons TRON (TRX), Dash (DASH), Neo (NEO), and other altcoins are beginning to flourish.
As recently announced, CoinSwitch now supports TRON on its own platform. CoinSwitch is a platform created for trading virtual currency in all trade exchanges with the best prices in mind. It supports more than 45,000 pairs and about 300 currencies, making it one of the best-performing trading platforms around the globe.
This is undeniably a huge step for TRON. The whole TRON community is anticipating the main launch in the days to come. Since last weekend, TRON’s price has been rising after it had broken the $0.0400 level. It gained a price uptrend of about 5% on Monday. This crypto coin met a selling pressure at about $0.0410 and even reached higher than $0.044 until it reached a cap of under $0.0450.
Despite the debacle experienced in the first quarter of the year, experts in the cryptocurrency market are positive that an uptrend will continue for TRON (TRX), Dash (DASH), Neo (NEO), and other top performers.