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<h2 id="header-0">Following the disclosure of his Huobi Token stake, Justin Sun made another announcement on the Tron Heco merger.</h2>The founder of Tron announced that the Heco developers will now collaborate with the Tron and BitTorrent chain ecosystem. Sun stated he presently holds tens of millions of Huobi Tokens earlier on Friday (HT). The Heco acquisition announcement received a favourable response from the Tron community. The price of Tron (TRX) increased by more than 4% in just one hour.Heco Chain: What Is It?A decentralised, highly effective, and energy-saving public chain called HECO Chain (Heco) was created to support developer evolution at every step. It provides high performance transactions and is compatible with smart contracts. It makes logical for Heco to join the Tron ecosystem given that Huobi Token is its native token. Justin Sun&#39;s disclosure of his Huobi token ownership earlier in the day caused a significant increase in token price.The developers&#39; long-term effort to join numerous chains has included the Tron Heco merging initiative. The team made plans to support Heco chain public when the BitTorrent Chain testnet launched last year. Justin Sun stated that the ecosystem will pool funds to bring all Heco developers together to build on the TRON and BitTorrent chain in this context.The Rescue StrategyJustin Sun has recently been introduced as a member of the new advisory group for Huobi Global. Sun then made plans to resurrect the cryptocurrency exchange in areas like brand improvement, empowerment, and business collaboration. The revitalization strategy was sparked by a recent shift in Huobi&#39;s top management. Leon Li, the exchange&#39;s creator, sold his whole controlling interest to About Capital Management of Hong Kong. As of this writing, Huobi Token&#39;s price is $7.75, up 6.5% over the previous day, according to market monitoring service CoinGabbar. The price of <a href="https://www.coingabbar.com/en/crypto-currency/tron-trx-prices-usd" rel="noopener noreferrer nofollow">Tron (TRX)</a> is currently $0.06391, up 7.21% over the previous day.

What Does the Heco Chain and TRON Ecosystem Merge Mean?

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Alte articole publicate pe 22 oct. 2022

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