Tron (TRX) has in the recent past been growing steadily and has been listed on global asset exchange Cex.com today, with the increased attention and publicity, the TRX growth is unstoppable.
This comes barely a few days after TRX being listed on Bittrex and UPBit exchanges.
After shaking the entertainment market, Tron (TRX) has hit the news once again for the good reasons. With the likes of Google, Apple and Facebook controlling a large chunk of the entertainment industry data, Tron is set to change how the industry runs by giving the content developer the power to own and monetize their content.
Tron seeks to bring all entertainment creators together on a single platform where they can easily connect with their fans and at the same time eliminate the middlemen who take advantage of the content developer.
Tron (TRX) Popularity
Tron has been listed on Bittrex which is one of the biggest exchanges in the world. However, hours after being listed on Bittrex and Cex, UPBit, the biggest Exchange is Korea has announced listing the coin as well. TRX popularity has now hit the BTC and ETH strongholds and investors have a better reason to smile.
The good thing about Tron is decentralized and subscription to the platform is open to all artists and they have the power to monetize the content. Fans have the opportunity to access uncensored content and support artists of their choice. With Tron, artists do not have share profits with multinationals anymore.
Currently, Tron is ranked fist on Bittrex and is occupying the second place at UPBit exchange and doing fairly well on Cex. With the increased traction, Tron is trading at $0.047465 which is a huge jump from 0.28 at the beginning of the year. Investors are currently celebrating and the profits are poised to grow by end of the second quarter.
Tron (TRX) Good News
With the announcement of Mainnet release, developers are optimistic that the coin is going to gain against BTC and ETH. Being listed on Bittrex, Cex and UPBit is the right step towards attaining their goal of a universal entertainment content platform by end of2018. For the last few days, the TRX charts have stuck on the green.
The hike of TRX price follows that of BTC however, with the ongoing publicity, the Tron platform has been receiving a lot of traffic and more artists and fans are connecting seamlessly resulting in increased adoption. Tron has gained over 12.9% and 16.5% over BTC and EHT in the last month; a good reasons why Bittrex, Cex and UPBit exchanges have brought it onboard.
Tron (TRX) Future
The continuing interest for Tron (TRX) by major exchanges is an affirmation of its value. This has seen the TRX price skyrocket by 31% despite the 4% drop experienced last week. With the latest announcement that the coin will be listed on LBank exchange, a lot of activity around Tron will be experienced in the coming months.
With the Tron platform, participants have the ability to store and share content globally. This makes entertainment available to many at an affordable fee. Content creators are interacting with the buyers without any third parties. With the platform, it is now easier to raise funds using the power of digital content.
UPBit alone supports over 111 alternative coins that spread across 167 markets. This means more users have access to Tron (TRX) and can be able to popularize their content globally. Bittrex and Cex have a global presence and trusted by a huge cryptocurrency user base. Investing in Tron means a future laced with profits from the digital entertainment industry.