Tokens network Tron Thor yesterday traded at a price of $0.045 in the dollar today at $0.056. This jump moved the TRX at the fourteenth line in the list of most valuable cryptocurrency by market capitalization. Now this figure exceeds $3.4 billion, ahead of Ethereum Classic.
It is likely that the reason for the growth was the addition of TRX in the lists of the exchange Bittrex. This step opened access to new investors and some of them expect that the result will be a broader adoption. Justin San, the founder of Tron, shared the good news on Twitter, his message received more than five thousand likes (which may indicate the public interest).
Another reason may be the transfer of the launch of Tron. As it became known from the conversation with tech support, the platform will operate from 1 July and 31 may — a month before the stated deadlines. Such a rapid implementation is illustrated by the fact that the team has identified priorities in terms of what needs to be done to start, and what can be left for later upgrades.
At the time of writing the price of TRX stabilized at $0.052. However, it is unknown how long the token is delayed at a specified level.
This is not the first time the price soars, and the previous visit (when the price increased by 150% in 24 hours), investors have a reason to doubt the reliability of Tron. The company did not a very good marketing move, saying it will cooperate “very prestigious company,” which can be called the “Chinese Netflix”. The headline attracted buyers, but check the “prestige” of a company was somewhat exaggerated. It has left not the best impression among the investors.