Tron crypto future price prediction

in #tronlast year

Tron (TRX) is a cryptocurrency and blockchain platform that was created in 2017 by Justin Sun. The Tron Foundation, based in Singapore, oversees the development and management of the Tron blockchain.

Tron initial coin offering (ICO) was held in September 2017 and raised $70 million in funds. The TRX token is used as the native cryptocurrency on the Tron blockchain and is used for transactions and to pay for fees on the network.

Tron main objective is to build a decentralized internet by creating a platform for developers to build decentralized applications dapps. Tron aims to improve upon existing blockchain technologies by offering faster transaction speeds and lower fees.

In June 2018, Tron completed its mainnet launch, which marked the transition from a token on the Ethereum network to its own independent blockchain.

Since its launch, Tron has gained popularity and has been listed on major cryptocurrency exchanges. Tron has also acquired several companies, including BitTorrent, to expand its ecosystem and offerings.

In addition, Tron has been involved in several high-profile partnerships, including with Samsung and the Chinese search engine Baidu.

Overall, Tron has had a relatively short but eventful history in the cryptocurrency industry, and its development and growth continue to be closely watched by the community.

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