Tron [TRX] still on the tails of Monero [XMR]; bear’s grip tightens on the cryptocurrency market
The recent downward market atmosphere has pulled down most of the major cryptocurrencies with coins like Bitcoin [BTC], Ethereum [ETH] and XRP feeling the brunt of the bear. Tron [TRX] on the other hand has enjoyed a relatively bullish term with a 7 day gain of 17.56%.
The Justin Sun led Tron Foundation has been on quite the developmental runway with updates and partnerships creating news in the cryptosphere.
The Tron [TRX] Foundation recently released a new suite for developers to use on the Tron blockchain. This comes on the back of the launch of the Tron Virtual Machine [TVM], a Turing-complete Virtual Machine for the development of dApps on the Tron blockchain. The Foundation had released a bunch of tools that are aimed to make the Tron Network bigger and better. The tools are called TronBox, TronStudio, TronGrid, and TronWeb. Tron’s tweet stated:
https://ambcrypto.com/tron-trx-still-on-the-tails-of-monero-xmr-bears-grip-tightens-on-the-cryptocurrency-market/