Tronix (TRX) is the native cryptocurrency for the Tron blockchain. Tron blockchain is powered by Tron Foundation which aims to be a decentralized entertainment content sharing platform eventually leveraging blockchain and peer-to-peer (p2p) network technology. Justin Sun, a Chinese entrepreneur who is also famous for founding the famous Pei Woo application is founder and CEO of Tron Foundation. Justin Sun’s is now a notable figure in cryptocurrency industry spreading awareness and making efforts for mass adoption of cryptocurrency. Currently, Tronix ranks 14th with market capitalization of well over $1 Billion.
Tronix was mainly created to enable content creators to earn money in form of tronix from their own data on tron network. TRON is already well supported by top Chinese developers on its team yet is continually expanding its employee base with members with veteran technical expertise such as Maorong Lin and Xiadong Xie. Tron is cheap compared to other celebrated cryptocurrencies, at the time of writing Tron is valued at $0.015 on coinmarketcap.com and ₹1.17 on Colodax. Tron aim is to be used as a common coin between all games, eliminating the need to buy game-specific coin that are completely useless in other situations. Tronix will be most valued when its Tron Protocol will be finished in 2023/24 with the Eternity version. Tron would be a great investment for traders looking for a long term.
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