The TRON altcoin experienced a sudden and much-needed price increase after the Binance exchange announced its intention to offer the Tron token paired with its own BNB token. In addition, the Bittrex exchange is going to launch a TRON/US dollar trading pair.
Ryan Xanders, a cryptocurrency trader, is one of those who strongly believes in the TRON market. He said that the liquidity of the coin is increasing, making it attractive to investors in addition to the tempting increase in price. Many believe that the addition of pairs by exchanges will have a positive impact on the market, since it means that the Binance and Bittrex exchanges believe in TRON.
The Bittrex exchange, in turn, has decided to offer TRON in pairs with the US dollar. Litecoin will also be offered in tandem with the dollar. According to Bittrex's announcement on Twitter, anyone with a Bittrex account created before September 4th will be able to trade these altcoins against the dollar.
At the current value of ~$0.02, TRON could gain even more if the price increase over the last 24 hours is sustained. TRON currently has a trading volume of $155 million. However, it is difficult to say how the price will behave in the coming days and in the last months of the year.
The cryptocurrency market has been through a lot lately, so traders will benefit from positive changes, in addition, their attention cannot help but be attracted by a coin whose price is rising, despite the general market trend.
You May Also Like
Bitcoin has changed its position in the Chinese cryptocurrency rankings
The next, seventh rating of cryptocurrency projects was published by the Chinese Center for Information Technology Industry Development (CIID).
IOHK launches second Cardano testnet for IELE virtual machine
This virtual machine is designed to execute smart contracts on the Cardano network.
