Despite a pullback yesterday from the high, TRON (TRX) currently trading at USD 0.038058 has surged from USD 0.00772 on Dec 12 to a high of USD 0.0495 within 1 week 11 Dec to 18 Dec 2017. It has move 641% within 1 week ! From the looks of it, it still remain bullish.
So What is TRON?
TRON aims to “heal the Internet” by constructing a worldwide free content entertainment system on the blockchain. The protocol allows users to freely publish, store and own data, enabling them to own the rights to their content and decide when, how, and at what cost to share it.
Sun wants to position TRON as a new kind of “distributed economy” in digital entertainment—including anything from streaming video to online gambling to social networks—where the users themselves own the economy. TRONIX is the cryptocurrency that runs on TRON. An important note here is that, in service of that distributed economy, TRON also supports other cryptocurrencies.
Will it continue to move up ?