An experimental TRX game just went live and today’s top-performing asset is TRON, surging from $0.0139 to $0.0152 in less than 24 hours as we are looking further into the developments in today’s TRON news.
Everyone has been watching bitcoin over the past 24 hours as it reached a two week high and monthly resistance. Bitcoin is however not the top-performing crypto asset at the moment since TRON gained popularity after the experimental TRX game launch. The Bitcoin dominance did hit a three month high over 71 percent but that was largely at the expense of XRP and Ethereum. The gains for TRON, however, don’t look like much and are still at 9 percent in USD terms and it makes TRON the top performing altcoin in the top 100 coins.
The market capitalization just surpassed a billion dollars once Justin Sun’s token surpassed Tezos for the top ten position and at the time of writing, both of the coins are very close and there’s only $20 million in terms of market cap in the difference between the coins as XTZ dropped back today. Tron got down for the year taking a hit of about 18 percent since the start of the year and the story is similar for most of the other altcoins as they went back into their crypto winter level.
The main momentum for the ETH rival seems to have been spiked by the interactive trading and gambling game. TRON did provide quite the fanfare in the run-up for the game which went live a few hours ago with Sun live streaming. According to the website the platform is:
“An implementation of the world’s first self-decentralizing artificial intelligence that reaches beyond the boundaries of its own software in order to sustain itself.”
The experimental TRX game involves purchasing virtual ‘gift boxes’ with the TRX coin that increases in value when more will be bought by others after the initial one. One portion of the price will get into the jackpot sector. Opening the boxes at any time will end the game with a 2x reward in TRX however the dilemma is that they could become far more valuable over time and the jackpot could increase again for holding the boxes.
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