TRON [TRX] – The TRON main net launch is just 11 days away.
This week, the TRON Foundation has been steadily working on bringing in as many exchanges as possible to their token swap that is set to occur in about a month. The list of exchanges that have agreed to support the token swap include:
Many investors are waiting for UpBit, Bithumb, Huobi, Koinex, OKEx, and Bit-Z to join in the mix. Some of the exchanges that have yet to commit, happen to be main exchanges that TRX investors use quite frequently. It remains unknown what will occur if the TRON team does not get the rest of the exchanges that support the ERC20 TRX token.
EOS is currently going through the same thing, as their met net is launching around the same time as TRON. However, EOS has instructed its investors to register their Ethereum wallet that holding their EOS tokens and their team is going to manually swap them for the investors.
It remains unknown if TRON will quickly adopt a similar tactic if need be, but time is ticking down. If you currently hold TRX, you must transfer them on to an exchanges above by June 21st to receive the new TRX tokens held on the TRON blockchain. All ERC20 TRX tokens will become useless and untransferable after the swap concludes on June 25th.
Dream House Giveaway
This week, Justin Sun announced that the TRON Foundation would be giving away another prize to its TRX holders – a dream house.
— Justin Sun (@justinsuntron) May 16, 2018
The details of the giveaway remain unknown at this time, but we’re expecting to hear more soon.
On top of a giveaway and getting exchanges on board the TRON team is expanding.
— Justin Sun (@justinsuntron) May 18, 2018
I’m not entirely sure how the team behind the project can get so much done, but let’s hope come launch time that the main net is solid.
At press time, TRX is trading at $0.0690 a coin, down –0.23%, in 24 hours. For the week, TRX is up 0.72%.
Do you think the team behind TRON is spreading themselves too thin? What are your thoughts about their latest moves?
Featured Image: Dispatch