- Thunder Token is the native utility token of ThunderCore, an advanced blockchain creating a new home for developers of dApps.
- ThunderCore is a fast, scalable blockchain with a transaction speed of 4000 tps, and a record time of 1 second, thereby keeping gas fees low.
- ThunderCore is a decentralized community-based platform with higher staking rewards and a roadmap that supports community growth.
- The price of Thunder Token has been static, with users hopeful for its expected surge in the coming months.
The scalability of blockchain is sought after by both users and developers. As ETH 2.0 experiences delays, the cryptoverse advances with scalable chains that are EVM compatible, enabling easy deployment from the Ethereum blockchain.
ThunderCore has become a growing destination for developers in all aspects of DeFi. ThunderCore’s Galaxy Blocks and Jelly Squish have become two of the most played blockchain games.
Recent Developments and Future Events
Though there are many third-generation blockchains, ThunderCore is advancing in speed, security, and decentralization. ThunderCore is an advanced blockchain that is decentralized, secure, and scalable.
ThunderCore is fully EVM compatible, making it easy for developers to port smart contracts to the Ethereum blockchain in mere seconds through a few simple steps. Furthermore, its mechanism keeps it on par with Visa, as it can handle 4000 transactions per second with a record time of 1 second.
It ranks higher above the leading dApp blockchain, Ethereum, which is clogged with unattended transactions. In addition, ThunderCore works using a Proof-of-Stake mechanism, PaLa, which makes it tightly secure and unhackable.
ThunderCore plans to be the blockchain on which developers can push their projects to the next level. To do so, the blockchain has improved on several mechanisms like its Proof-of-Stake mechanism, PaLa, making the blockchain more mathematically accurate and secure.
ThunderCore has also developed a bridge that makes it possible for users to transfer assets from ThunderCore to Ethereum and the Binance Smart Chain, and back again.
This makes ThunderCore interoperable, positioning it well for the future. In addition to this, ThunderCore has improved its dApps ecosystem, leading to improved UI and better development for users.
ThunderCore just launched its ‘write and earn’ program for blockchain and crypto writers. The team will accept a wide range of articles from users around the blockchain spectrum. This will help to strengthen the community as users flourish in their speciality.
ThunderCore’s much anticipated Iris Hard Fork is now live. The Iris hard fork will increase cross-chain compatibility, leading to an ecosystem expansion. Furthermore, the ThunderCore trading competition is on, offering $2000 in prize money.
Thunder Token (TT) Price Update
Thunder Token is the native token of the ThunderCore blockchain. The price of TT has been down about 6% in the last 24 hours, with no projected price boosts in the immediate future.
The 24 hour price chart for Thunder Token (TT). Source: Coinmarketcap
The price of TT, which sits at $0.0149, has a bearish outlook this month amid the altcoin surge. Opening trading at $0.009573 on the 1st of October, it can be observed that the token has improved on last month’s positions.
Thunder Token is currently ranked at #368 on CoinMarketCap with a live market cap of $102,891,436, and a total of 7,704,569,443 Thunder tokens. The number of TT in circulation is said to be an important factor affecting the price of the token.
On The Flipside
- Despite these developments, and having two blockchain games among the top 10, TT is yet to receive the massive adoption it seems to deserve.
- ETH 2.0 may kill the development hopes of ThunderCore as the network will become faster, coupled with the fact that it is already a much larger presence.
ThunderCore is a decentralized blockchain that encourages community participation. TT is a governance token for the platform, which gives users the right to decide the future and development direction of the blockchain.
Staking on the blockchain has been made easy thanks to ThunderCore’s staking pool, enabling users to contribute to the system, while earning a passive income. Staking rewards range from 0.01%, to 30% on the platform.
On social media, the DailyCoin team found users across the ThunderCore platform. Most of the traction revolved around the latest Iris hard fork for the blockchain.
Twitter user @adolfmariae, praised the project, writing;
Twitter user @temmyalaska posted that the token is rising due to the recent hard fork.
Another Twitter user, @erivaldogarrote, supported the token this way.
Why You Should Care?
ThunderCore is yet to receive mass adoption, despite its utility and functions. However, as the cryptoverse looks for more scalable options from the Ethereum blockchain, ThunderCore is well-positioned to accommodate dApps, as it is now well compatible with Ethereum smart contracts.