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Home News Altcoins

The mega launch will turn tables for Tron [TRX]

Nikhil SV by Nikhil SV
May 16, 2018
in Altcoins, News
Zcash
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As the entire crypto world has marked its calendar for May 31st to what Tron [TRX] foundation declares as Independence. The countdown for the huge event had sure started way back in April and there is not much time left before the event kicks off.

Tron Foundation tweeted:

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“14 days, 14 hours, 37 minutes, 40 seconds, to be exact! #TRON declares independence May 31st (GMT+8).”

As the TRX MainNet installation is done, the team looks forward to bring in a revolution with their new public blockchain, which they claim is one of a kind. The TRON entire community is waiting with loads of hopes to actually see some changes and for the project to stand on top. With the network transformation, Justin Sun, the founder of Tron [TRX] has ensured they will take over Ethereum very soon as they flaunt their “perfect Blockchain.”

TRX team has put in all possible efforts to warn and notify users way before the migration takes place to ensure a chaos free swap. Majority of the exchanges have agreed to cooperate extending their support to this huge deal for them. They still look forward to support from many other exchange platforms and one such is CoinPayments that they recently requested for the exchange to support their token swap.

 Another good news for the Tron community from Justin Sun:

“Last year it was a Maserati and a Mercedes-Benz. This year we’re taking our giveaway to a whole new level — your dream home! Stay tuned.”

The token migration includes a swap of tokens from ERC-20 to Tron’s own asset – Tron [TRX] which is set to occur between June 21st to June 25th. All users who hold TRX in their wallet are required to deposit them with any of the exchanges that are supporting the migration process before June 24th 11.50 pm (GMT+8).

Phil Kirkham, a TRX holder says:

“Why can’t the migration happen within a wallet? Hate having to spend more TRX to pull them off of the exchange once the conversion happens. Tron should do what EOS is doing where I can create a contract to swap ERC20 tokens for Main net coins.”

James barn another trader complains:

“Yeah kinda crappy we have to spend money for transfers for upgrades??? Why not be “ For the people “ who believe in you and make a wallet that supports it instead of exchange to begin with ??”

Tron team has also been working behind the doors to improve their UI and as a result they recently announced a new design of their website.

Sfx-81, a Twitterati says:

“I’m not gonna ask for too much. If 1 TRX could buy me a snickers bar, I would be happy 🙂 Hopefully good things will come with the upcoming main net launch. Keep up the good work Justin! Snickers bar and beyond!!!!”

Tron [TRX] is currently priced at $0.06 with a market cap of $4.3 billion which is a slight decline. The supporters and traders are hoping for large gains and better figures post main net launch.

Tags: Justin SunTRONTRON (TRX)trx
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