Tron (TRX) Beats Crypto Market, 11% Growth On Industry Giant Partnership
The market in cryptocurrencies took a pounding on October 11 as Bitcoin and other currencies saw their value plummet. Although prices haven’t recovered to pre-drop levels, some of this industry’s most popular altcoins spent some time in the sunlight, posting gains.
However, the top twenty altcoins are seeing more movement with Tron trading double digits higher today adding 11% to bring TRX prices up to $0.0235. The current bullish spike comes in the wake of sporadic Tron price upsurges, with the cryptocurrency even going up by 14% a few days back.
Although Tron has seen its fair share of skeptics, Justin Sun remains bullish on TVM, along with the project as a whole, as he recently claimed that Tron-based smart contracts will inevitably alter how the public blockchain ecosystem operates from a fundamental level.
However, Sun recent tweet has made some users speculating that the shoot up occurred due to the recent announcement made by Justin Sun.
The partnership comes in the wake of several tie-ups that the Tron Foundation has conducted with the latest announcement adding fuel to the already blazing fire. The Justin Sun led Foundation has ensured that it garners media attention with several posts not just by the Founder, but also by several social media handles related to the company.
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