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TRON (TRX) Boosted by $20M Buyback Plan

Published 06/27/2019, 05:40 AM
Updated 06/27/2019, 07:01 AM
 TRON (TRX) Boosted by $20M Buyback Plan

TRON (TRX) may receive a boost from a widely publicized buyback program, to the tune of $20 million’s worth of TRX.

https://twitter.com/Tronfoundation/status/1144153076753817600

The aim of the buyback is to increase community activity and boost confidence in the asset. Recently, TRON gave up on a similar incentive, this time through distributing a $20 million reward to the holders od TRON-based Tether (USDT). But the launch of USDT on the network stalled due to a crisis with the stablecoin’s backing and liquidity. The buyback program arrives as a form of substitute for the incentive.

TRX has struggled to line up as a top 10 coin, managing to line up with leading assets at pric...

This article appeared first on Cryptovest

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