Why Tron (TRX), Binance Coin (BNB) are Preparing for a Surge - Today's Gazette - Cryptocurrency, Bitcoin, Ripple, Tron, Verge, Cardano News
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Today's Gazette – Cryptocurrency, Bitcoin, Ripple, Tron, Verge, Cardano News

Today's Gazette – Cryptocurrency, Bitcoin, Ripple, Tron, Verge, Cardano News

Why Tron (TRX), Binance Coin (BNB) are Preparing for a Surge


Why Tron (TRX), Binance Coin (BNB) are Preparing for a Surge

The stage is set for the Tron (TRX) token and the native coin of one of the most vibrant cryptocurrency exchanges, the Binance Coin (BNB). As each of these coins weathers the storm in the crypto-sphere, they are also getting ready for a massive bull run.

For Tron (TRX), it is one of the steps to the pursuit of a decentralized web. For BNB users, an increase in the coin’s price will not only boost its trade on Binance but also increase the value of their portfolios. Despite outshining Ethereum (ETH) in DApps deployment, Tron (TRX) is shifting its gaze to something new. The media presence of its CEO, Justin Sun is helping matters because the hypes over the coin are gaining grounds and more collaboration is in the offing.

Now, the latest kid on the block is the BTT token. With the CEO’s aggressive marketing and the successful launch and deployment of the Tron Virtual Machine (TVM), Tron (TRX) looks good to profit from the successful BitTorrent (BTT) airdrop.

It is on record that the Tron Foundation acquired BitTorrent, the peer-to-peer file-sharing platform. The aim was to push further the coin’s drive to decentralize the internet. Now, BitTorrent has launched its cryptocurrency – the BitTorrent Token (BTT) on the Tron (TRX) network.

With 990 billion BTT in supply, the coin will serve as a payment instrument on the BitTorrent network. It will also allocate a specific number of the BTT token to TRX holders. This is where Tron (TRX) features. With the massive hypes following the new airdrop, Tron’s (TRX) price has been making the way up. To this end, the long-awaited surge is already here and the coin might just race past Stellar (XLM).

Also READ  Bitnovo Makes Tron (TRX) Available In Over 20,000 Stores In Europe

The Token Sale is an Indication of Better Days

Soon after the news of the airdrop filtered in, the crypto community was agog because of the positive implications. Before the crowd sales, seven (7) popular exchanges indicated interest to support the airdrop on their platforms. This is perhaps the biggest token sales in the history of the crypto community. Over 59 billion BTT tokens sold out in less than 15 minutes.

On the part of BNB participants, they bought 23.76 billion of the tokens in 14 minutes and Tron (TRX) complimented with 35.64 billion BTT tokens. This brought the total number of sold tokens to 59.40 billion.

Despite this massive hit, the CEO of Binance, CZ, was of the opinion that the sales were “slow”. According to him, in the absence of overloads on the network, the token sales were due to complete in 18 seconds.

Nevertheless, he shares the same view with the CEO of Tron and BitTorrent Foundation, Justin Sun; stating that the token sale was superb and the responses were encouraging.

Also READ  Tron (TRX) Billion Worth Partner To Enrich Investors’ Pocket, Why You Should HODL Now

Binance Coin (BNB) on the Rise

Without doubt, many factors point to the fact that the Binance Coin (BNB) will make headway very soon. Apart from the sugar coating that comes with being a native token to one of the largest cryptocurrency exchanges, BNB is a popular choice over its peers (such as Ether).

Going further, its location being the Asian region is helping matters because there are massive adoptions of cryptocurrencies in the region. To this end, it makes bold to say that the BNB coin is on the rise and massive adoptions are in the pipeline.

Final Thoughts

As Tron (TRX) looks forward to the bulls after a successful BTT airdrop, Binance Coin (BNB) is hopeful of new partnerships. Both coins have the same goal to flourish and with the odds in their favor, it will be dreams come true.

A crypto writer with 10 years experience in the financial industry. Official email: abah.chuks@todaysgazette.com

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