Tron [TRX] DApp Weekly Report: DApp Users Focus on High Risk Gambling and Return on Investment



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Tron [TRX], the tenth largest coin on CoinMarketCap, was on a bull turn after the market turned green. The token performance on the market was comparable to that of Tron DApps, with users spending $ 31 million on DApps in a single day. The weekly update on DApps has recently been released, informing users of developments in the Tron ecosystem.

The report suggested that of all Tron DApps, high-risk DApps and DAIs were the most active. On the contrary, collectible games, PVP fighting games, puzzle games, board games and card games have managed to survive for a short time only.

The Foundation found that the new DApps on Tron were high-risk ROIs, and the market favored gaming applications and ROI applications, a high-risk application. However, the report noted that gaming applications were not able to excite users because of their redundancy, thus playing a major role in the choice of high-risk return-on-investment applications.

The DApps market was on the road to recovery and reflected a significant increase in the number of users and the volume of trade. The average daily trading volume of the coin has risen to more than $ 17 million over the past seven days, making this coin the public channel with the largest volume of transactions in the DApp ecosystem.

Tron DApps exceeded EOS and ETH in terms of transaction volume. According to reports, the number of Tron accounts exceeded 2 million last week and the growth has exceeded that of both EOS and ETH. This suggests that many DApps chose Tron over its other competitors as the first public channel.

Tron [TRX], at the time of publication, was valued at $ 0.0235 with a market capitalization of $ 1.57 billion. The token noted a 24-hour trading volume of $ 174 million, while noting growth of 4.01% the day before. Over the week, the token grew by 4.32% and continued to grow by 0.16% in the last hour, at the time of publication.


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Namrata Shukla

Namrata is a full-time journalist and is particularly interested in everything about the cryptography market.

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