So, the main news of today in my opinion is the beginning of TRON's transition to its own Blockchain chain . The tron matrix, dubbed Odyssey 2.0, was officially launched on may 31 at 12 UTC, starting the first step in moving the cryptocurrency with a capitalization of $ 4 billion to an independent network.
The network will remain in beta for most of June, giving developers the ability to configure wallets and browsers before the network starts to live fully. The token migration will take place from June 21 to June 24, when users will need to Deposit their ERC-20 tokens into supporting exchangers to get an equivalent amount of TRX on the new Blockchain.The transition will end on June 25-a date that the developers called "independence Day" - when the Genesis block will be distributed over the network, and investors 'forecasts that the Throne will become" an Ethereum killer " will finally be verified.it is interesting that such an event,in short-term price movements, rather negatively affected, the price of the token fell by 4 % .
many believed that on the eve of such an event, the price will repeat the success of the January auction,when the value of 1 coin was trading above 20 cents:
experts believe that the price will begin to grow in mid-late June. During the first month of summer, developers will be able to set up wallets and browsers before the network starts to live fully.
what do you think?