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Tron [TRX] records block height of 9 million

Arijit Sarkar



Tron [TRX] marks history with 9 million block height!
Credit: Pixabay

Justin Sun’s Tron [TRX] made headlines in the cryptospace after Sun’s controversial $20 million Tesla giveaway and the coin’s resurgence from its significant winter losses. While the larger community still holds mixed feelings about the 11th largest cryptocurrency on CoinMarketCap, Justin Sun sparked Tron’s buzz again by tweeting an interesting development,

“#TRON reached 9 million block height!”

Ever since the launch of TRXMarket – Tron’s decentralized exchange, the Tron community gained popularity as a good investment, based on the coin’s projected exponential growth in the long term. Following suit, the “Ethereum killer” achieved a new milestone by exceeding its block height of 9 million.

While Sun expressed his excitement about the recent achievement, several Twitter users shared similar sentiments regarding the news. Tron supporters responded to the tweet with various forms of congratulatory messages and optimism about TRX’s growth.

Speculated by some as a prequel to the aforementioned tweet,  Sun also shared another tweet a few hours prior, which said,

#TRON will be back to Top 10 in June! Lets wait and see!”

A popular Tron community member, @prosticas7, supported this claim by saying,

“Bull market is close very close”

While the Tron CEO displays optimism about the coin’s growth, the other half of the community remained skeptical about TRX’s future, owing to Sun’s ’empty’ promises and his controversies in the past. Further, Tron’s speedy growth has increased confidence among investors, with much of the crypto community keeping itself updated about the coin’s future developments.

At press time, Tron [TRX] was valued at $0.024, with a market cap of $1.62 billion. It had a 24 hour trading volume of over $750 million, and was climbing by 5.30%, at press time.

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Binance Coin [BNB] registers ATH as it surges by over 16,000% since inception

Namrata Shukla



Binance coin [BNB] registers ATH as it surges by over 16,000% since inception
Source: Pixabay

The cryptocurrency market continued to register massive growth, as the prices of most major cryptocurrencies soared. However, the late entrant to the list, Binance Coin [BNB] is posing to be tough competition for other coins in terms of performance. BNB which entered the crypto market in July 2017, breached its all-time high and was trading at $28.79, at press time.

Source: Trading view

Source: Trading view

Binance Coin started out in July 2017 with a value of $0.1927 and marked its all-time high on May 18 at $31.91, according to the Trading View chart of the coin on Binance. BNB noted the growth of a massive 16,458.31% since 2017. However, until the beginning of 2019, BNB was valued at $6.59, after which the coin noted a surge by 384.15% and peaked at $31.

Source: CoinMarketCap

Source: CoinMarketCap

In the month of May, BNB noted a 28.16% growth, and the coin was valued at $28.66, with a market cap of $4.04 billion. The 24-hour trade volume of the coin was reported to be $551 million as it spiked by over 10% in a day. In the past seven days, the coin grew by 35.97%, but slipped by a minimal 0.25% in an hour.

BNB was highly traded on its native exchange, Binance via the BNB/BTC and BNB/USDT pairs. The BNB/BTC trading volume noted on Binance was $140 million, while the volume reported on the BNB/USDT pair was $132 million. The third place was taken by BKEX via the BNB/USDT pair as it registered a trading volume of $72 million.

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