Tron [TRX], the eleventh-biggest cryptocurrency by market cap, has crossed another milestone since the launch of the Tron Virtual Machine [TVM]. It has officially surpassed the 4 million mark in terms of the block height. Justin Sun, the CEO and Founder of Tron Foundation announced on Twitter:
— Justin Sun (@justinsuntron) November 11, 2018
Generally, a blockchain has a series of blocks, the very first block is known as the genesis block. The genesis block has a block height of zero. Moreover, the blocks contain data units which store information of the transactions that take place on the network.
Tron will now trade alongside the Euro
The coin was recently listed on Blockport, a cryptocurrency exchange that allows users to buy, sell and trade cryptocurrencies with Euro. The cryptocurrency has now gained the support for trading alongside Euro, with the support of this exchange platform.
Blockport announced on their official portal:
“Of equal importance is that Tron’s European community will now have direct access to the TRX token through our user-friendly exchange and trading platform.”
However, the community continues to be stressed about the lack of positive price action. According to CoinMarketCap, the cryptocurrency was trading at $0.02241 with a market cap of over $1.4 billion. The trade volume of the coin was $54 million and had slumped by 3.80% in the past seven days. The highest trade volume of the coin was pouring in from BitForex with TRX/ USDT pair. It was followed by OKEx with TRX/ USDT pair, Binance with TRX/USDT pair, and Huobi with TRX/ USDT pair.
Sveinung Hereid, a Twitter user said:
“Do you ever think about your HODL’ers
@justinsuntron ? Looks like this is the top value the coin will ever reach. Not a single thing so far can prove otherwise. Still u hype us along making only your self rich.. its….sad.”
Tron just dropped itsweekly update, covering the latest technical advancements, community efforts and decentralized app developments on the network. Looks like the developers is making the coin more accessible everywhere in the world and advancing the tech. The price will eventually pick up on the strong fundamentals in the next bull run. Stay tuned for the Technical Analysis of Tron[TRX] tomorrow at Cryptx Financial.