TRON (TRX) is still around 70% down from its all-time-high earlier this month, but is looking towards the upcoming integration with Peiwo app for a boost
TRON (TRX) is currently looking forward to leveraging the 10 million users on founder Justin Sun’s Peiwo App venture as the integration process moves towards completion.
Given how TRON is being built as a decentralized digital content distribution platform, integration with Peiwo makes sense, not to mention the founder’s connection. With a young audience (between 16 and 25 years old), the app will provide a useful test-bed for the cryptocurrency as well.
As per the integration schedule, today the app should be updated with TRX wallet and deposit support. Additional functionality will be made available in stages, until February 16, when users will be able to deposit, use, transfer and withdraw TRX via the app
Commenting on the development, TRON founder Justin Sun said:
However, it remains to be seen whether Peiwo integration can boost TRX price, which has been in a constant slump since reaching a high of almost $0.28 on January 5, 2018. On January 17, it was trading at $0.0455 before rising to $0.18 yesterday. At the time of writing TRX is trading around $0.08 though.