The TRON Ecosystem to Launch Its Own Inscription Token Marketplace
The TRON ecosystem is set to introduce its own marketplace for inscription tokens, developed by APENFT. TRON founder Justin Sun announced this exciting development on March 4. APENFT is a team of blockchain developers specializing in investing in non-fungible token (NFT) platforms and artworks. While specific details and a launch timeline have not been revealed yet, it is anticipated that the project will also support BTT, BitTorrent’s native token based on the TRC-20 standard.
Following this announcement, APENFT’s native token NFT experienced a significant surge of 25% to $0.0000006941. This price level was last observed in June 2022, according to CoinMarketCap data.
The Growing Interest in Inscription Tokens
Inscription tokens were initially conceived as a means to embed various data or content onto a Satoshi, which is the smallest unit of Bitcoin (BTC). These tokens have gained increased attention within the global crypto market, leading to the emergence of multiple marketplaces dedicated to inscription tokens. For example, Binance recently launched the Binance Inscriptions Marketplace in early February, positioning itself as a competitor to platforms like OKX.
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