Tron (TRX) has always been viewed as a unique coin by some quarters in the crypto space partly due to its unique method of processing transactions. However, it has also been criticised by some analysts with accusations of a plagiarized whitepaper
The blockchain had a very eventful 2018 which delivered more lows than highs but this could be about to change in the coming months.
The purchase of BitTorrent in June last year shocked many analysts and showed the ambition of the coin to reach new users. This key acquisition by the blockchain company has seen many change their thoughts towards the blockchain solution
BitTorrent Aquisition Has Seen A New Phase of Action By Tron (TRX)
The potential of the acquisition of the leading Torrent site with over 100 million active users has positioned the coin in a good position to implement some of its solutions. Tron (TRX) is looking to spin this in a positive light despite the disappointments of recent developments.
Tron achieved its independence from Ethereum and moved to its Mainnet last year. However, the move has so far underwhelmed the space, considering the amount of hype generated about the move.
BitTorrent could help the coin to achieve its goal of a wider user base with its position as the leading peer-peer transfer website. Tron (TRX) has begun new developments to maximize this advantage.
Massive BitTorrent Token Airdrop for Tron Users could attract users to the blockchain.
Tron CEO Justin Sun recently revealed plans to initiate BTT airdrop for Tron holders which will begin from the 11th of February. The new development is seen by many in the crypto space as a way of attracting BitTorrent members towards Hodling TRX.
According to the report the airdrop would consist of 1.1% of the total circulating supply which would tally to over 10billion BTT for each airdrop. This news has driven the interest of many towards the coin in the past few weeks.
The Airdrop is Supported by Most of the Top Crypto Exchanges
Several of the popular crypto exchanges have confirmed that the airdrop would be supported on their platforms. Tron (TRX) is currently listed 9th in terms of market cap and it is no surprise that most of the top exchanges support the coin.
Binance, Huibi and OKEx have all announced that they would support the airdrop and more exchanges are expected to join the already growing list.
The airdrop has upped Tron (TRX)’s game in the market, and observers are still waiting for more positive change in the value of the altcoin. But one thing is certain BitTorrent is proving to be a masterstroke for the blockchain company.