Tron (TRX) & Bitcoin Cash (BCH) – This weekend, the cryptocurrency market began digging itself out of its hole made in May but unfortunately, has corrected again this morning. Bitcoin (BTC) is currently trading just below $7,500, and Ethereum (ETH) is nearly at $600, a coin.
News broke early this morning that open-sourced GitHub will be acquired by Microsoft[1], and this could very well be the reason the market is in the red. Many developers aren’t happy, but I wouldn’t see them cashing in just yet – this may be just newbie investor reactions.
Let’s take a look at two coins on the market trending today.
Tron (TRX) Update
Just five days ago, Tron (TRX) launched its main net, and TRX’s price has been all over the place.
As you can see, TRX had a sharp price dip and spike just before its launch but has been all over the place ever since. TRX’s price has behaved the opposite of EOS’s, who also launched its main net a few days ago.
Justin Sun just announced that TRX will be listed on CoinEx starting June 6th.
#TRON $TRX #TRX will be listed on @coinexcom, you can deposit #TRX and trade TRX/BCH, TRX/BTC at 11:00am, June 6, 2018 (GMT+8) 🔊 pic.twitter.com/pe3BXRe7G7[2][3][4][5][6][7]
— Justin Sun (@justinsuntron) June 4, 2018[8]
Currently, all major exchanges that hold TRX are set to handle the token migration.
At press time, TRX is trading at $0.0589 a coin, down -5.88%, in 24 hours.
Bitcoin Cash (BCH) Update
On June
