TRONSVIP

The mining principle of TRX (Tron coin) TRX is the token of the Tron ecosystem and plays an important role on the Tron network. The mining principle of TRX is not based on the traditional mining algorithm, but is achieved through a consensus mechanism. The Tron network adopts the DPoS (Delegated Proof of Stake) consensus mechanism, which means that holders of TRX tokens can vote to elect super representatives, who are responsible for verifying transactions and generating new blocks. The mining principle of trx Tron coins with TRX can entrust their tokens to super representatives for mining, and obtain corresponding rewards by participating in the voting for super representatives. This consensus mechanism aims to ensure the security and efficiency of the network, while encouraging more holders to actively participate in network governance and operation. Click the link to register to join the mining: https://tronsvip.com/#/register?ic=753975

USDC Treasury once again minted 50 million USDC and transferred them to Coinbase. In the past three days, USDC Treasury has minted a total of 150 million USDC and transferred them all to Coinbase.

1. Japanese startup Sakana AI raises $100 million in Series A funding; 2. Gitcoin and Octant reach a cooperation and launch secondary financing (QF); 3. Crypto social network 0xPPL completes a new round of financing, with AllianceDAO and others participating.

Tron takes over meme coin craze Justin Sun has rocked the crypto world once again with Sundog (SUNDOG), a meme coin that just entered the market with a market cap of $200 million. Tron’s new meme coin platform SunPump launches to rival Solana’s meme ecosystem The meme coin craze on Tron is driving TRX in a big way. Sundog, which went live on August 15, has surged 237% in the past seven days. IntoTheBlock data shows that the number of transactions between $100 and $10,000 in the Tron Dao ecosystem has surged 124%, likely driven by the hype around SunPump.

Today's real-time price of TRON is $0.159535 (TRX/USD), and the current market value is $13.87B USD. The 24-hour trading volume is $1.54B USD. The price of TRX to USD is updated in real time. TRON's increase or decrease in the past 24 hours is +11.25%, and the circulation is 86.92B.

#TRON just burned 7,739,442 #TRX on August 18th 🔥 showcasing a commitment to deflation & value growth 🚀 With a net negative production ratio of -2,701,795 🤯

#TRON just burned 7,739,442 #TRX on August 18th 🔥 showcasing a commitment to deflation & value growth 🚀 With a net negative production ratio of -2,701,795 🤯

Tron is one of the top 15 digital currencies but with a very deep foothold in the stablecoin niche. While it has a bigger on-chain transacted volume above Ethereum for USDT, Founder Justin Sun is notably making a big pivot into the memecoin ecosystem. The logic is simple, and it is to drive more on-chain volume for the Tron Network. The push toward memecoin will also fuel enhanced community participation with potential upside on TRX. In a recent post on X, Justin Sun revealed the injection of $10 million seed capital into its memecoin ecosystem. This funding came from a collaboration of Sun.io(@SunPumpMeme) and the Tron DAO.

On July 31, exciting news came from the TRON ecosystem. SUN.io, a decentralized finance (DeFi) platform based on its public chain, officially announced the establishment of SUN DAO, marking a solid step forward in the platform's efforts to promote decentralized governance and community autonomy. This move will not only deepen the application scenarios of SUN tokens, but will also continue to promote the development of the SUN.io protocol and lay a solid foundation for its long-term governance.

TRON exceeds all of its direct competitors with over 2M active wallet addresses. The number of addresses with a high stablecoin transfer volume has grown by 20% in 2024.