The TRON ecosystem is set to introduce its own marketplace for inscription tokens, as revealed by TRON founder Justin Sun in a recent announcement on Mar. 4. Developed by APENFT, a team specializing in NFT platforms and artworks, the marketplace aims to offer a platform for trading digital tokens. While specific details and launch dates are yet to be disclosed, the project is expected to support BTT, BitTorrent’s native token based on the TRC-20 standard. This announcement propelled APENFT’s native token NFT to surge by 25%, reaching $0.0000006941, its highest level since June 2022, according to CoinMarketCap data. Inscriptions, initially intended for embedding diverse data onto a Satoshi (the smallest unit of Bitcoin), have gained traction in the crypto market. This increased interest has led to the introduction of various marketplace platforms by multiple crypto exchanges, such as Binance’s Inscriptions Marketplace launched in early February, signaling competition with platforms like OKX.
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