The program will last a year, it will be divided into several stages. In addition, in January next year, coins that belong to the non-profit organization Tron Foundation will be unlocked.
The largest plan for the purchase of tokens TRX presented a non-profit organization Tron Foundation. For the program will be allocated $ 20 million, it will be held in the coming year and will be divided into several stages. Thus, the startup plans to make the market more stable and the community active.
“We will hold the largest buyout of TRX tokens of at least $ 20 million with the widest coverage in the secondary market. The project will last a year and will take place in several stages, ”wrote the head of Tron Justin Sun.
The startup reported that the community considers the TRX token to be undervalued. The Tron Foundation also recalled that on January 1, 2020, the coins belonging to the organization will be unlocked. At the moment, she has no plans for these altcoins, but will continue to increase her share in the secondary market in order to indicate confidence in the prospects for the development of the startup ecosystem.
After publication, the cost of TRX increased from $ 0.038 to $ 0.040, then decreased. Now Altcoin is trading at $ 0.039, for the past day it has risen in price by 2%.