TRON [TRX] has been accumulating support from all its kindred trades and familiar associations for the most-anticipated and forthcoming blockchain overhaul and token relocation.
Backings for TRON blockchain update and token relocation is on the run in since the token movement has started. TRON propelled its virtual machine on May 25th, while its MainNet went live on May 31st.
As the biggest cryptographic money exchanging stage in Taiwan, today, Max Exchange announced that it would support the TRON blockchain upgrade and token migration. Investors only need to deposit TRX’s ERC-20 tokens to Max Exchange before June 24th in 2018 [UTC+8] and will receive the equivalent TRX token after MainNet launch. No transaction will be affected during the migration.
Max Exchange is committed to making a one-stop advanced resource benefit stage, with existing administrations including day trade, electronic tote, and vendor administrations. The digital currency exchange process is basic and secure. There is no requirement for middle person organizations in the exchange procedure, and there are no confinements on national limits and time.
Today, Justin Sun, co-founder of TRON, tweeted:
“Technical Update: Today
#TRON conducted three active network rehearsals with the Genesis Representatives. GRs will participate anonymously in launching mainnet independence and pave the way for the #TRONSR elections. To our GRs: Thank you for your work today!”
Currently, Tron’s token migration has been processed and TRX withdrawals have been suspended. On June 26th, Tron will hold its Super Representative Election where 27 individuals will be elected and will be representing the will of people to provide validation and calculation for the network. For this, TRON conducted three active network rehearsals with the Genesis representatives, these selected leaders will be participating anonymously during the launch of TRON’s MainNet aka Independence day.
At the time of writing, TRON [TRX] is traded at the price of $0.04 with a market cap of $2.8 billion. The coin has repositioned itself from #10 to #9 on CoinMarketCap and is currently facing the pressure of the bearish market with a fall of 3.06% in its daily cap.
Subscribe to AMBCrypto’s Newsletter
Facebook’s Libra hit by more accusations, Balaji Srinivasan on BTC investment and more
Crypto News – 24 June – Facebook’s Libra hit by more accusations, Balaji Srinivasan on BTC investment and more
— AMBCrypto (@CryptoAmb) June 24, 2019
Crypto News – 24 June
Erik Voorhees on Bitcoin: According to the CEO of Shapeshift, Bitcoin’s relative traceability has allowed governments to become comfortable with it
Read more at https://bit.ly/2WVviJW
Max Keiser on gold’s ‘resurgence:‘ Max Keiser made news after he stated that Bitcoin’s growing popularity as a competing store of value and millennials were responsible for gold resurfacing in the conversation about store of value assets
Read more at https://bit.ly/2Xve2zp
Tron back in the top 10: A month after CEO Justin Sun promised to get Tron back in the top 10 of the world’s largest cryptocurrencies, TRX surged by over 6% to achieve the same by overtaking Cardano
Read more at https://bit.ly/31TXekX
Bank of International Settlements on Libra: While talking about Facebook’s Libra, BIS’s report attested to the need for sound public policy, financial regulation, competition regulation, and data privacy regulation
Read more at https://bit.ly/2Fsoptu
Bitcoin short futures position on the rise: According to a Twitter user, 70% of all Bitcoin short futures position are taken by four traders
Read more at https://bit.ly/31Om4CQ
LocalBitcoins’ Russian Ruble trading charts: According to CoinDance, the weekly LocalBitcoins chart revealed that the Russian Ruble [RUB] recorded towering volumes, even after the June 1 cash-exodus announcement
Read more at https://bit.ly/2JgRWYz
Howard Chu on Monero: According to the Founder of Symas Corp., Monero was “outstripping” other projects in the space which have larger budgets, in light of the new features added to Monero
Read more at https://bit.ly/2Y8IsEQ
Subscribe to AMBCrypto’s Newsletter