BTC/USD
 
ETH/USD
 
XRP/USD
 
LTC/USD
 
EOS/USD
 
Tron cryptocurrency pictured with other cryptocurrencies like Litecoin and Bitcoin

Tron Surges; Welcomes TronGoo Formerly On Ethereum

· 07 Jan 2019 in Crypto News
Carlos is an international relations' analyst specializing in cryptocurrencies and blockchain technology. Since 2017, Carlos has written extensively for UseTheBitcoin and other leading cryptocurrency sites; with over 2,000 articles published.

Tron (TRX) has surged around 9% after receiving support from one of the most important gaming dApps on the Ethereum (ETH) platform. The Tron network seems to be attracting new companies that want to take advantage of the capabilities offered by Tron. The decentralized application (dApp) EtherGoo has decided to move to the Tron network, becoming TronGoo.

EtherGoo Becomes TronGoo

The decentralized application EtherGoo has decided to move to a new network. After changing its name to TronGoo, the dApp will be based on the Tron network. This decentralized app is one of the most popular on the Ethereum network taking into account the number of daily active users and also transaction volume. The game was developed by the creators of the TRON Shrimp Farm.

After being developed for Tron, it will have an improved and updated game balance. Furthermore, it will also include a brand new interface with mobile compatibility.

In a recent blog post uploaded by the Tron Foundation they explain:

“The TRON network and the TRON Arcade fund will always welcome developers with open arms. We’re confident that working together will allow our technology and communities to fuel the next wave of innovation and adoption. The EtherGoo and TRON Shrimp devs have produced hit dApps on multiple blockchains and we hope their creations will bring joy to the TRON community.”

Although the game is very simple, it has attracted several hundreds of users per day. The Tron network has become increasingly popular during the last few months attracting new applications and developers. The most popular gaming dApp based on the Tron network has around 3,300 daily users. This is more than Ethereum’s largest gaming dApp that has 2,400 daily users. At the same time, Tron has surpassed Ethereum in transaction volumes.

During the last few hours, Tron was able to grow in the market. Although all the top 10 virtual currencies are growing, Tron registered the second largest increase among the top 57 digital assets. In the last 24 hours, Tron grew almost 9%. Now, each TRX coin is traded around $0.0228 and it has a market capitalization of $1.52 billion.

In the future, new applications developed for Ethereum could move to Tron. This would allow the network to keep growing and receive new investors and users.

Read More About Tron

Want to learn more about TRON? Read about how Tron’s transactions have passed other major coins in our in-depth article. You can also read about how Tron’s price was boosted earlier this year with the rumor of a big partnership.

Interested in investing in Tron? You’ll want to start with our Tron price prediction article as well as our analyst’s read on TRX trading in our Tron Technical Analysis.

The best place to buy or trade for TRX is on Binance. After, you can utilize the great features of TronWallet to hold your TRX.

The Bear Market Report
Our Bear Market guide not only helps you survive this crypto winter, but also guides you through the foundation you'll need to thrive in the next bull run.