Tron founder Justin Sun said on Tuesday that the blockchain had capitalized on a recent drop in Bitcoin (BTC) prices and bought 500 tokens. The tokens were purchased for $15.5 million, representing an average price of $31,031. BTC is currently trading around $31,900- having slightly recovered from an overnight crash to $29,000. Tron said the

The post As Prices Plummet, Tron Buys 500 Bitcoin For Its Stablecoin Reserve appeared first on CoinGape.



Share To:

CoindeskCrypto

Post A Comment:

0 comments so far,add yours

XRP News: Ripple Unveils ‘Ripple Prime’ After Closing $1.25B Hidden Road Deal

In the latest XRP news, Ripple has introduced ‘Ripple Prime,’ which it plans to integrate into its payment services. This follows the comple...