{"id":596200,"date":"2024-03-05T02:00:54","date_gmt":"2024-03-05T02:00:54","guid":{"rendered":"https:\/\/www.ktsl888.com\/?p=596200"},"modified":"2024-03-04T18:27:59","modified_gmt":"2024-03-04T18:27:59","slug":"exciting-launch-for-tron-trx-coming-justin-sun-announcement-sent-this-token-24-up","status":"publish","type":"post","link":"https:\/\/www.ktsl888.com\/news\/tron-trx\/exciting-launch-for-tron-trx-coming-justin-sun-announcement-sent-this-token-24-up\/","title":{"rendered":"Exciting Launch For TRON (TRX) Coming, Justin Sun Announcement Sent This Token 24% Up"},"content":{"rendered":"

TRON (TRX) Founder Justin Sun made an announcement earlier today that created expectations about what\u2019s coming to the ecosystem. Additionally, a second post by Sun made the price of a token surge by 24% in a matter of minutes.<\/p>\n

Related Reading: FLOKI Grows Over 300% As Memecoin Breaches $400 Million TVL \u2013 Details<\/a><\/div>\n

TRON-Based Inscriptions Market To Launch Soon<\/h2>\n

Recently, the TRON network made it into the news after reaching 95 million total addresses. As reported<\/a> by NewsBTC, TRON significantly surpassed other Layer-1 networks in address growth, including Avalanche and Cardano.<\/p>\n

This time, TRON is in the headlines after its founder, Justin Sun, shared some news for the ecosystem on X (formerly known as Twitter.)<\/p>\n

Sun posted<\/a> on Monday morning to inform the crypto community that a TRON-based inscription marketplace is coming. \u201cExciting news, the inscription market based on #TRON is about to launch,\u201d said the TRON founder.<\/p>\n

Inscriptions became popular after the launch of Bitcoin Ordinals last year. The new technology allowed the creation of non-fungible tokens (NFT) in the Bitcoin blockchain and has seen different applications ever since.<\/p>\n

As it can be created using any type of data, like audio, video, and images, other chains started<\/a> to launch their inscriptions.<\/p>\n

TRON developers and APENFT Foundation\u2019s NFT team developed the inscriptions marketplace. All developers are welcome to build in the TRON ecosystem, Sun said.<\/p>\n

TRON\u2019s native token didn\u2019t seem to react to the news. TRX\u2019s price has increased by 0.4% in the last 24 hours. At writing time, the token is trading at $0,1409, representing a mild 2.1% price surge in the 7-day timeframe.<\/p>\n

\"TRX,<\/p>\n

TRX is trading at $0,1409 in the hourly chart. Source: TRXUSDT on TradingView.com<\/a><\/pre>\n

However, the token\u2019s trading volume of $367.3 million accounts for a 21.48% surge from the day prior, per CoinMarketCap data.<\/p>\n

As of this writing, further details about the launch are yet to be revealed. However, the community welcomed the news positively. Many expressed excitement to see what the TRON ecosystem could bring to the NFT market.<\/p>\n

Similarly, crypto exchange Binance recently revealed<\/a> its Inscription Marketplace, allowing users to create and trade inscription tokens within the Binance app.s<\/p>\n

Justin Sun Behind BitTorrent (BTT)\u2019s Price Surge?<\/h2>\n

After the announcement, Sun, who acquired BitTorrent<\/a> back in 2018, quoted his post to \u2018announce\u2019 BTT-related news. BitTorrent is a file-sharing platform built on the TRON blockchain.<\/p>\n

\n

#BTT<\/a> soon… https:\/\/t.co\/VZ5U09wDW6<\/a><\/p>\n

— H.E. Justin Sun \u5b59\u5b87\u6668 (@justinsuntron) March 4, 2024<\/a><\/p><\/blockquote>\n