The Tron Community is intensely appealing to Coinbase to List TRX which is the native Token of the Tron Blockchain. These calls are coinciding with reports that are suggesting that Binance is about to lock out US-based traders from accessing certain Altcoins that could include TRX with effect from September 2019.
Further, the appeals are coming ahead of the much-anticipated buffet meeting between Warren Buffet and Justin Sun, the CEO of Tron.
Is The Looming Binance Ban Of US Traders Causing Anxiety?
Stephen Baker who is one of the community members is taking part in the campaign saying that TRX listing is needed at this point more than ever partly because of the upcoming Binance ban on US-based traders which has left US Crypto traders who have been using Binance Crypto exchange on the limbo.
The US-based investors are now looking for an ideal Crypto trading platform and Coinbase is the most preferred ahead of the Binance ban that is taking effect from September 2019.
If the Coinbase team heeds to Tron Community appeals by listing TRX, TRX investors could have a soft-landing ground after the ban as they would simply shift their trading activities to Coinbase exchange.
It is vital for US traders to note that the Binance restriction is not a blanket ban on all traders who are domiciled in the country but the move aims to reduce the number of Altcoins that Americans can trade on Binance to only include a small number of rare Altcoins that are difficult to find in Crypto trading platforms.
Coinbase Could Benefit From The Binance Action
If Coinbase lists TRX, there could be increased trading volume on the platform since Tron is emerging as a major Blockchain technology for adoption because of Justin Sun’s vigorous marketing strategies that are popularizing the Blockchain version to DApps developers.
In the meantime, there is still optimism in the Tron Community that their calls will be heard as Coinbase has a tradition of listing demand-driven Digital Tokens such as TRX.
Meanwhile, Justin Sun And Warren Buffet Are Set To Meet
The quest to have TRX listed on Coinbase comes ahead of the expensive buffet between the CEO of Tron, Justin Sun, and the veteran investor Warren Buffet. The investment mogul’s opinion and investment patterns can rattle the Crypto market as heavyweight and experienced investors can follow his lead should he decide to invest in TRX or any other Digital Asset.
In the buffet over lunch that is set for July 25 in San Francisco, the CEO of Tron and Bittrex wants to make friends” with Warren Buffet and update him on progress being made in the Crypto space. This is contrary to public perception where it is believed that Sun is trying to convince Buffet to allow Tron to enter into a deal with his firm Berkshire Hathaway Inc.
TRX’s Performance In The Market
On Coinmarket cap, TRX is riding in the Bitcoin rally effect and is trading in the green after posting more than 2% growth in the last 24 hours to trade at $0.0333. Its market cap of $2.224 billion, which is the 12th largest in the market, is supported by a daily volume of $774 million that is bearish in the one-day market outlook.