TRON (TRX) Price Boosts More Than 12% After MainNet (TVM) Upgrade News
According to the latest data on CoinMarketCap, Tron (TRX) has spiked more than 12% in the last 24 hours after an announcement from Tron’s founder Justin Sun. TRX’s breakout has been a solo affair, with BTC and ETH both remaining in the same holding patterns seen of late.
The spike came hours before Tron founder Justin Sun announced that the network’s super representatives have achieved consensus and that the Tron Virtual Machine is about to launch.
Tron Virtual Machine upgrade to Odyssey 3.1. This version will increase the Transaction per second rate of TRX up to 200 times faster than Ethereum and will make it 100 times cheaper than EOS.
Based on community consensus, #TRON will be upgrading to Odyssey 3.1 at 8pm SGT. The TRON Committee function & TVM will go live, marking the start of the Smart Contract Era. TRON will be 200x faster vs. ETH, 100x cheaper vs. EOS. dApp developers & users, this one is for you! $TRX
— Justin Sun (@justinsuntron) 8 October 2018
TRX will be one of those coins who will benefit most from the upcoming bull run. Currently, Tron is on 11th spot and looking to hit the market hard as it announces Virtual machine upgrade.
For Investors this is the best time to buy more TRON (TRX) because the investors might not get such an opportunity to have so much profit from TRON again, as its price looks to surge even more in future.
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