Tron is not bad even now in Market
We all know that the current market is not doing great, and I'm specifically talking about the altcoins, where the prices are going down, and we have no idea how much time it is going to take or when the altcoin rally is going to start. It is anticipated that the next quarter is going to be good for the market, especially for the alt segment, where people are anticipating that growth will be triggered, and we will be able to see good price appreciation happening on the coins.
Bitcoin is always doing well, and although it is slightly down, I don't think the current price is anywhere close to the concerning level, so we should not be worried about it. But in this post, I am talking specifically about a Tron coin, which is known as TRX.
This is not just a coin; instead, it is an ecosystem, and this has its own blockchain that offers instant transaction settlement where TRON coin is used for all the fee requirements, and that is why the adoption of this coin is very good. Whatever you do on the blockchain network will require the coin to be used as a fee, and despite the higher supply for this coin, the value is still better because it is all dependent upon the overall adoption and the utility in the entire ecosystem.
Thee current price is more than 33 cents even when the market is down so I think it is a good price for the coin considering the overall market sentiment and this shows that it is a valuable coin so even now it can be a good opportunity to hold and wait for the right opportunity when the profitability can be even bigger However this is not a financial advice to do whatever you want but before that please do your own research because what I am sharing is not a financial advice anyway.
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10% beneficiary to Tron-fan-club
Tron is always in the good position.
I was suprised last week when everything was in the red, TRX remained steady and stable. I could only see the usual daily price flacturations when everything else was going down by 8% or more. Thats when I realised TRX was not any other alt coin. It represents a whole financial system. I hope we never go to a point where TRON falls down very hard. Because if it does, there will be gnashing of teeth in TRON block chain.