As Justin Sun’s plan of driving more decentralized finance (DeFi) projects to the Tron blockchain moves one step forward, Tron’s native token TRX stands out as one of today’s top performers in the crypto market.
As of 9:00 UTC today, TRX was up by nearly 14.5% over the past 24 hours, trading at USD 0.0298. The gains made the coin the second-best performer among the top 20 cryptoassets by market capitalization, closely following the recently hot Polkadot (DOT) token, which saw a gain of nearly 16% over the same time period.
In the past week, TRX apprecaited 21.9%, again being outbested only by Polkadot’s 42.7%.
The strong gains today came as Tron CEO Justin Sun and his team are in the midst of creating what they call “the bitcoin” of Tron – a new DeFi meme token called SUN. And according to the founder himself, the token will enter genesis mining tomorrow, September 2.
