It is a period of great boom within the crypto world. As the increase in the price of Bitcoin begins to generate positive effects on other cryptocurrencies, which also receive capital and large-scale users. This has allowed many analysts to start talking about the start of the “altcoin season.” Something that seems to be confirmed now that Tron reaches 20 million users, as Justin Sun comments in the Tweet of the day:
Tron has more and more users
One of the great positive effects that bullish rallies generate in the price of Bitcoin are the repercussions that they have on other crypto assets. Thus, the increase in the price of BTC ends up attracting the interest of investors and users from all over to the crypto world. Which results in an increase in the number of users, and therefore of capital in the crypto market.
On this occasion, this effect has been clearly seen in some cryptocurrencies such as Binance Coin and Ethereum. Which have increased their price several times in recent months. Maintaining a performance at times in direct competition with that of Bitcoin. A boom that has not only touched these two virtual currencies, but also others like Tron.
In this way, the crypto asset created by the Tron Foundation under the direction of Justin Sun, has recently managed to reach 20 million users on its Blockchain. A new record of activity on this blockchain, which would come from the start of the altcoin season.
«20 million users on Tron (TRX)».
Thus, with this message Justin Sun would show how his cryptocurrency keeps growing, despite still not being able to compete with the numbers of giants such as Ethereum or Bitcoin. A trend that can be observed throughout the crypto market, and that will undoubtedly continue to benefit the world of Blockchain technology in the months to come.
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