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Apparently, the TRON ecosystem will soon have its own marketplace for enrollment tokens developed by APENFT.
In a post On March 4, TRON founder Justin Sun revealed that the blockchain ecosystem will soon have its own native enrollment marketplace for digital tokens.
Sun also revealed that the new company is being developed by APENFT, a team of blockchain developers focused on investing in artwork and non-fungible token (nft) platforms. Although no specific details or a release schedule were revealed, the project is expected to also integrate support for BTT, BitTorrent's native token based on the TRC-20 standard.
Following the news, APENFT's native nft token soared 25% to $0.0000006941, a level last seen in June 2022, according to data from CoinMarketCap.
Initially conceived as a means of embedding various data or content into a Satoshi, the smallest unit of bitcoin (btc), inscriptions have attracted increased attention within the global crypto market. The increased interest has led multiple crypto exchanges to introduce their own markets for enrollment tokens. For example, in early February, Binance Announced the launch of Binance Inscriptions Marketplace, positioning itself to compete with platforms like OKX.