TRON Hosts Yet Another Blockchain-Based Casino Amid Soaring Price

TRON Hosts Yet Another Blockchain-Based Casino Amid Soaring Price

Playza, a blockchain-based casino, announced on April 1 that it has launched its platform on the TRON (TRX) network. The company noted in its press release yesterday that this is a significant milestone for it.

Playza asserts that it provides a fair and transparent online gaming platform for cryptocurrency users in some countries across the globe. It offers a wide array of traditional casino experiences without mandating users to fill in sign-ups, withdrawals, and deposit forms.

The blockchain-based company noted that it will support only TRON and TRX tokens for deposits for the time being and would provide support for other crypto assets, including EOS and ETH over the coming months. Users can play several games on Playza via TRONLink, which is the most preferred wallet for TRON users. Users can also make instant deposits and withdrawals with cheap transaction fees.

TRON has slowly wracked up a reputation as “Las Vegas on a blockchain” because of the numerous gambling and gaming dApps it hosts on its platform.

That said, the Playza team has asserted that they intend to utilize the TRON ecosystem and decentralized gaming to the fullest to provide a top-class gaming experience for its users.

Key TRX Levels to Watch — April 2
TRON has decimated the previously crucial $0.0680 barrier and has climbed by more than 40% since then. The twentieth-largest cryptocurrency peaked at the $0.0987 level over the past 48 hours before correcting towards the $0.0823 support.

TRXUSD – 4-Hour Chart

That said, the cryptocurrency has resumed its bullish journey towards the $0.1 level but needs to clear the $0.9 resistance first. Given the current bullish tone in the broader market, TRX could scale the resistance soon.

However, TRON appears to be in overbought territories at the moment, and a sharp correction to the $0.0750 could ensue. That said, traders need to trade this crypto asset with caution over the next 24 hours.

Meanwhile, our resistance levels are at $0.0900, $0.0987, and $0.1000, and our support levels are at $0.0823, $0.0782, and $0.0750.

Total Market Capitalization: $1.93 trillion

TRON Market Capitalization: $6.3 billion

TRON Dominance: 0.33%

 

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Author : Azeez Mustapha

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Azeez Mustapha is an experienced author, trader, markets analyst, signals strategist, and funds-manager.