Tron (TRX) recently announced a partnership with BSCPad to build the first native IDO launchpad on the Tron blockchain.
TRONPAD, the union of both companies, will give traders equal exposure to new and lucrative project launchings within the Tron ecosystem. At the same time, these new projects will secure funding from the token sales and gather momentum towards a successful launch on the network.
BSCPad, which has proven its efficiency with projects like this (an example is launching the IDO project), noted that it would lend its full support and expertise to the Tron network. BSCPad, launched in March 2021, focused its efforts on prepping new projects for launch on the Binance Smart Chain. The BSC has recorded more than 21 million unique wallets opening around the same time BSCPad came online.
Justin Sun, the founder of Tron and CEO of BitTorrent, commented on the new partnership, saying:
“The BSCPad team is very strong and knowledgeable. They consist of some of the top players in the space. We are looking forward to taking this collaboration to new heights.”
Sun added that:
“As the hyper adoption of crypto continues to explode, TRONPAD will serve as a fair IDO platform for projects launching on the TRON blockchain.”
Key Tron Levels to Watch — May 28
As the cryptocurrency market continues on a choppy momentum, TRX has fallen into a sideways momentum around the $0.0800 level.
However, the twenty-fourth-largest cryptocurrency has slipped below the consolidation range over the past few hours as bears ramp up their efforts. That said, bulls need to hold ground above the $0.0700 support and facilitate a climb above the 200 SMA over the coming hours, to thwart this effort by bears.
Meanwhile, our resistance levels are $0.09000, $0.1000, and $0.1100, and our support levels are $0.0700, $0.0600, and $0.0566.
Total Market Capitalization: $1.54 trillion
Tron Market Capitalization: $5.1 billion
Tron Dominance: 0.33%
Market Rank: #24
You can purchase crypto coins here: Buy Coins
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.
