TRON (TRX) Sees Price Surge Ahead of MainNet Migration
Following last weeks slump amidst dire predictions on the future of crypto markets, this week has seen significant gains across the board – not least of which for Tron (TRX), with an almost 18% price increase today.
With just two days left until token migration begins and then final MainNet migration on June 25th, TRX is finally starting to see some much-needed support.
Investors are reminded to move any tokens they have in wallets on to a supported exchange before June 24th to avoid any losses. Withdrawals will be suspended from June 21st and deposits on June 25th, with both resuming on June 26th.
Tron (TRX) is reporting a 17.38% price increase on CoinMarketCap at time of writing, trading at almost $0.05 up from a low of $0.041 yesterday.
This will be a very welcome boost for Tron fans, who enjoyed huge gains in April of 260% only to see it all disappear again over the past few weeks. Hopefully, if all goes to plan and the MainNet migration enjoys a smooth transition, this bullish trend will continue.
The news follows previous positive word from the Tron team earlier this week regarding further support of their migration from the wider crypto community and the launch of their Core Tronics recruitment program.
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