TRON Ecosystem Merge With Heco Chain: What Does It Mean?

After revealing his investment in Huobi Tokens, Justin Sun announced yet another decision on Tron Heco merge. The Tron founder said the Tron and BitTorrent chain ecosystem will now work together with the Heco developers. Earlier on Friday, Sun said he currently owns tens of millions of Huobi Tokens (HT). The Tron community reacted positively to the Heco merger announcement. In the space of just an hour, Tron (TRX) price rose by over 4%.

What Is Heco Chain?

HECO Chain (Heco) is a decentralized, high-efficiency and energy-saving public chain aimed at helping developer evolvement at every stage. It is compatible with smart contracts and supports high performance transactions. Heco’s addition to the Tron ecosystem makes sense considering the fact that its endogenous token is Huobi Token. Thanks to Justin Sun’s announcement on his Huobi token holdings, the token price jumped massively earlier in the day. In this context, Justin Sun said the ecosystem will pool in funds to bring all Heco developers to build on TRON and BitTorrent chain together.

“We will merge TRON and BitTorrent Chain ecosystem with Heco. We will deploy sufficient capital to encourage all Heco developers to build on TRON and BitTorrent Chain together. Let’s build!”

As of writing, Huobi Token price stands at $7.74 up 6.80% in the last 24 hours, according to price tracking platform CoinMarketCap. Whereas Tron (TRX) price stands at $0.06391 up 7.21% in the last 24 hours.

Anvesh reports major developments around crypto adoption and trading opportunities. Having been associated with the industry since 2016, he is now a strong advocate of decentralized technologies. Anvesh is currently based in India. Follow Anvesh on Twitter at @AnveshReddyBTC and reach him out at [email protected]

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