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Tron [TRX] sees major adoption in bear market; listed on Bitpanda, Huobi DM

Namrata Shukla

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Tron [TRX] sees major adoption in bear market; listed on Bitpanda, Huobi DM derivatives market
Source: Pixabay

The cryptocurrency market was bleeding on April 26 and it has been a challenge for most cryptocurrencies to recover from the raging bear’s attack. Tron [TRX], the eleventh largest coin on CoinMarketCap, also faced the brunt of the angry bear. However, the community can rejoice now as the coin was added to Bitpanda, Europe’s leading cryptocurrency exchange.

Bitpanda carried out a poll on Twitter, asking the crypto community to vote for the coin they would want on the exchange. The nominees included Basic Attention Token [BAT], Golem [GNT], Dogecoin [DOGE], and Tron [TRX]. TRX swept the poll with  44% votes in its favor, closely followed by Dogecoin with 34%. Bitpanda announced the result of the poll on April 26 and announced that the coin will be available for trading on May 2.

Tron also added another feather to its cap as Huobi DM added support for the token. With the inclusion of Tron [TRX], Huobi DM now houses seven cryptocurrencies on its platform, along with Bitcoin [BTC], Ethereum [ETH], Bitcoin Cash [BCH], XRP, Litecoin [LTC] and EOS. Tron contracts on Huobi are available as of April 26. Ross Zhang, the CEO of Huobi Group said,

“The addition of Tron is another big step towards our goal of making Huobi DM the most powerful and flexible platform of its kind. We look forward to adding even more coin types over the course of this year.”

Tron has been falling by 10.93% over the past week and was valued at $0.0235, at press time. Despite the fall of the coin, the Tron Foundation is focusing on the development of its ecosystem with the rapid development of its DApps and the Tron-USDT launch.





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