TRON (TRX) Continues Gaining Support Before the Token Migration

As the important events for TRON (TRX) are drawing nearer with each passing day, the crypto is gaining more and more supporters on the global level. Major exchanges and crypto trading platforms are openly supporting this crypto’s soon token migration, and everyone is excited to see how well will TRON’s MainNet perform.

Important time for TRON

TRON (TRX) has some major events scheduled in the next month, and its circumstances are improving on the daily basis. The team behind the crypto has had a large success with its TestNet recently, it plans to launch TRON VM (Virtual Machine) on May 25, and its launch of the MainNet is still scheduled for May 31.

Not only that but in less than a month, on June 21, TRON plans the completion of its token migration. This will also be a very important event for this crypto since its coin will finally leave ERC20 and move to its native blockchain. Even TRON’s price is doing quite well at the time, being at around $0.078. The token’s value did experience a slight drop in the last couple of hours, but it still had a significant growth of 9.71% in the last week.

All seems to be going well for TRX at the moment, and the overall excitement about the upcoming events has drawn out support from many major players in the crypto world.

Support for TRON

TRON has recently gathered many supporters, who are all eagerly waiting for this crypto to finally make the big step. One of them is among the biggest crypto-trading platforms in the world, called Cryptopia. It allows its users to trade, deposit, and withdraw more than 400 cryptos. The platform has openly supported TRON’s token swap,

Cryptopia is not the only one, however, and TRON has received support from other big names as well. Upbit, which is the largest crypto exchange in South Korea has also confirmed its support for the TRON’s upcoming events. Despite recent controversies and accusations that Upbit was transferring their customers’ funds to executive’s accounts, the exchange managed to defend itself and dismiss all the charges.

Among TRON’s supporters is also Bithumb, the second best crypto exchange from South Korea. This exchange has also been suspected of performing a Ponzi scheme. The exchange’s act of launching a ‘Popchain’ airdrop was the main reason for these suspicions.

Apart from them, TRON is also being supported by IDAX, the Mongolian National Team Exchange, which recently decided to list it. This is the first official crypto exchange in Mongolia, licensed by the country’s Parliament itself.

There is no denying it, this is a very important time for TRON. It is finally separating itself from Ethereum, it will launch its own network, and it will bring its tokens back. This will probably have a great impact on this token’s future, as well as that of the crypto market itself.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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