TRON (TRX) Boasts USD 6 Billion Market Cap & HUH Token (HUH) Reaches Over USD 12 Million in 2 Months

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TRON (TRX), the decentralised platform focussing on content sharing and entertainment, has climbed nearly 4% over the past week and currently holds a USD 6 billion market cap, according to CoinMarketCap. Similarly, uti-meme HUH Token (HUH) has been on the market for 2 months and went viral following a price explosion of 6000% within a month of its first launch. Currently, it has over USD 12 million in market cap and its upcoming projects hint that its impressive 6000% boom might not have been its peak.

HUH and TRX have similar goals in the sense that TRX aim to challenge web-based media while HUH are planning on reinventing social media, both intending to do so via decentralisation. As the crypto winter starts to thaw, investors are eager to discover altcoins that will revolutionize Web3 and dominate the market the way Bitcoin (BTC) and Ethereum (ETH) currently do. Considering TRON (TRX) and HUH Token’s (HUH) unique goals, could either of these be The One?

TRON (TRX) is a decentralised digital network built on blockchain technology with its own cryptocurrency, Tronix (TRX). TRON, a global entertainment system for the cost-effective distribution of digital information, was founded in 2017 by the Tron Foundation, a Singapore-based non-profit organisation.

TRON (TRX) eliminates the intermediary and allows content creators to sell their work directly to consumers by combining blockchain and peer-to-peer (P2P) network technologies. Apps for the TRON (TRX) platform are written in the Solidity programming language. Furthermore, TRX allows network users to pay content creators directly for access to their apps. TRON (TRX) takes