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The biggest cryptocurrency could be down 13% to $ 0.0189 in tandem with the red market, but as stressed by Tron's founder and CEO, Justin Sun, "Bull Market for Tron", with the Decentralized Exchange (DEX) on Tron Network in progress.
Tron DEX Progressing like Crazy
The Decentralized Exchange (DEX) on Tron Network is constantly growing, as is evident from the figures shared by Tron's founder and CEO Justin Sun, as the Tron trading volume on DEX reaches almost 90 million in constant growth.
This was in response to the correction of his previous tweet: "Tronscan.org DEX reached 5757.467 $ TRX trading volume in 11/13. Volume double compared to 25.513.713 #TRX in 11 / 12. It will reach 100 million $ TRX within this month. "
Only at the beginning of this month, the Tron community discovered DEX Tronscan.org, and a few days later the activity on the exchange grew considerably when Sun took Twitter to share his excitement,
https://t.co/1rd0MKuqEn DEX is going crazy. #TRON is hungry for new projects and tokens! #TRX $ TRX
– Justin Sun (@justinsuntron) November 13, 2018
Sun has further compared this result with the red cryptic market.
Bear market for crypts. #BTC #ETH #XRP BULL market for #TRON. #TRX $ TRX pic.twitter.com/yFOGJlQPic
– Justin Sun (@justinsuntron) November 15, 2018
Just a couple of days ago, WIN token talked about his fantastic start on the net as he got good numbers,
$ WIN Token off to a formidable start today! Over 121.295.755 #TO WIN exchanged in 24 hours on #tronscan #DEX https://t.co/6bpfmYX3og #TRX $ TRON @TronNews_ @justinsuntron @Tronfoundation #winning #crypto #WINToken #cryptogaming pic.twitter.com/1u3L5E0DTs
– WINToken (@TronWinToken) November 13, 2018
According to TronScan.org, at the moment there are about 9 coins ie. Dice (23.98%), Ton (232.46%), IGG (61.57%), Seed (-1.87%), WIN (13.3%), TWX (7.95%), Tron Watch Market (1.94%), CryptoGuyInZA (0.07%) and CryptoChain (0.21%) running on the network.
The decentralized exchanges are the latest trend in the encrypted market. Without third parties who hold the customer base, it offers more privacy. By creating a state without trust, the need to trust the exchange is eliminated by reducing the risk of downtime.
In the meantime, at the time of writing, the eleventh largest cryptocurrency was trading at $ 0.0189, while declining by 13.16% in the last 24 hours in tandem with the red cryptography market. However, its daily trading volume exceeded $ 100 million to $ 101,894,246.
Summary
Item name
"Bear market for Crypto, BULL market for TRON" says Justin Sun while the volume of TRX trading exceeds 100 million dollars
Description
The biggest cryptocurrency could be down 13% to $ 0.0189 in tandem with the red market, but as stressed by Tron's founder and CEO, Justin Sun, "Bull Market for Tron", with the Decentralized Exchange (DEX) on Tron Network in progress.
Author
Achal Arya
Publisher name
Coingape
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