Following up on Eric Rice’s Noteworthy analysis on the blossoming new Blockchain Currency from Tron Labs
There’s no partnership yet, but Tron has a strong, well connected team in the Chinese entrepreneurial sphere, which certainly begs a second (or third) look.
Tron is a brand new promising Chinese cryptocurrency that has its sights set on being one of the largest currencies on the market, like Bitcoin, Ethereum and Litecoin. On New Years Day of 2018, Tronix overtook the top spot for volume traded on Binance for Alt Coins, including other major players Ethereum, Bitcoin Cash and Ripple. It made massive gains (over 30% in a day), showing real wind behind its sails as a cryptocurrency. It jumped from $.03 value to $.06 overnight. Then again, even further exponential gains on January 3. And that’s just so far.
While the Tronix Foundation does not yet have a partnership with Alibaba officially, its core team is well connected with the surging Chinese Tech giant, showing this as a real, growing possibility in the near future. Especially as it continues to show strong market confidence and community support.
Tron has a solid team, is showing promising growth as an entertainment crypto and looks like it is well established to become a strong foundation as it continues into the future.