Forget Bitcoin and Litecoin; cryptocurrency TRON is up 12755% in just one month
A month ago, hardly anyone knew about TRON (TRX). After all, that was the time all eyes were on bitcoin's blistering bull run. But the day of this altcoin seems to have arrived, and how. On December 5, the share price of TRX was $0.00215. As of this morning, it is trading at $0.276378. That's a mind-boggling 12755% jump in the virtual currency's value, a growth that eclipses surges posted by the far-better known Litecoin and Ripple in the same period.
Added to this, TRON's market capitalization has grown six-fold from $2.8 billion on January 1 to $18.7 billion today. The barely four months old altcoin is now the sixth most valuable cryptocurrency, but one of only three starting out in green this morning along with Bitcoin and Ethereum. Ironically, TRON's Initial Coin Offering (ICO) actually had a rough start since it coincided with China's crackdown on cryptocurrencies in September 2017.
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