Time in the universe of digital currency seems to be traveling faster than the speed of light. It’s difficult to believe that the Tron (TRX) project that just began not long ago is up to a year now. The CEO and founder of Tron (TRX) tweeted about this remarkable moment during the launch of Tron Virtual Machine (TVM) along with Tron’s secret project. Also in the Twitter post, the CEO announced that it was his birthday.
Tron (TRX) Project Brief History
The Tron (TRX) project was officially launched on July 30, 2017. However, the Tron Initial Coin Offering didn’t start until the 31st of August last year. The sale went live on September 2nd last year, and a total amount of $70 million was raised during the ICO.
The Growth of Tron (TRX) So Far
During the ICO sales, one TRX token was sold at $0.0019. At the moment, the digital currency is valued at $0.0337, which is over 1,600 percent return on investment in a space of twelve months only. The value of the digital currency skyrocketed to the 25 cents mark on 5 January this year. During that time, the digital currency was sitting at the number 6th position on the list of top digital currencies in the world by market cap.
Nevertheless, Sun has promised the community of Tron that the digital currency will get to this height once again as the project continues to grow. The chances of the coin retesting its previous position on the list of top digital currencies are very high due to the fact the Mainnet and Testnet launch of Tron went well without any glitches.
The Mainnet of Tron has been running smoothly since June 25, when the Genesis block was launched during the Independence Day of Tron. Another significant development of the project includes the acquisition of BitTorrent with plans to integrate the uses of BitTorrent (more than 100 million users) to the ecosystem of Tron.