This morning TRON posted 130% growth becoming the 9th largest cryptocurrency by market cap. The altcoin pushed Dash to 11th place.
Tron has been on a bullish since December 2017. TRON has grown over 250% this week, kicking off 2018 strong. The coin is currently trading at $.27 according to CoinMarketCap and has a market cap of $18 billion. In December, Tron was trading for $0.002. At its most recent close, the coin went for $0.16 a near 8000% increase in a little over four weeks. Respectively, Bitcoin (BTC) gained around 1500% during the whole of 2017.
What Makes TRON Different?
TRON is a blockchain based protocol for the gaming industry. The platform allows for content distribution using the TRON smart contract protocol. The system allows users to easily publish, store, and own data. TRON can also host between developers and users, be used to verify credit authenticity, and be used as an online gaming or gambling currency. TRON’s ICO was distributed in September and quickly generated their target $70 million. The coin is expected to become the new king of the distributed economy. Overall, TRON will revolutionize streaming, gaming, and digital entertainment.