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Is McAfeeDEX is the reason behind Tron Upsurge?

Ripple and Tron are the winners in the markets and outperforming all giant coin listed in the top 12. The analyst at eToro also pointed out the current progress of both TRX and XRP. This green strike on the part of TRX might be due to the McAfee coming soon launch of DEX on Tron blockchain besides Ethereum site.

The markets seem to be green today and even bitcoin has crossed $8,000 once again. This occasional jump of the market has relieved the traders and investors and prevent from mental disturbance caused due to coins bearish tendencies.

TRX and XRP to be on Green road

Mati Greenspan who is a prominent chief analyst at the famous trading site known as eToro has shared his sentiment over the upsurge of two major coins that are TRX and XRP.

Some analysts are speculating that the rise of TRX coin has some reason behinds it as McAfee promised to launch his new decentralized application on Tron besides Ethereum blockchain. This might be the reason for the great rally on the part of the token.

📰 Also read:  Ripple CEO Projects Crypto Market Capitalization to Reach $5 Trillion By End of 2024

McAfeeDex is an Exchange

The McAfeeDEX is going to be released today as schedule announced officially. The decentralized exchange will be running on Ethereum blockchain and its beta version will also be launched today. However, when giving a reply to a Twitter fan, McAfee also said that this DEX will also be launched on the Tron blockchain.

According to McAfee:

Decentralized. Distributed. Open source. No listing fees. No personal information. 0.25% taker fees. No maker fees. No deposits. Smart contract assurance – trustless. All Ethernet based tokens. EOS, Neo, and more coming soon.

He further added:

McAfee Dex portals are exact copies of our website running on different hosts and managed by different people or organizations. Portal managers collect 0.05% of all buy transactions entering through that host. All hosts have access to all buy/sell orders. Small installation fee.

McAfee is a candidate for the US Presidential seat and election for that is going to happen in 2022. He is running his campaign through Freedom boat. He is a proponent of bitcoin and recently speculated that the price value of BTC will go up to $1 million at the end of 2020.

📰 Also read:  Would Halving the Price of Bitcoin Be the Key to Future Price Increases?

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Cypher

Davis Byrne (US)

Davis Byrne got into the cryptocurrency world in 2013. He contributes technical chart-based price updates and price analysis on the world's leading digital currencies.

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