Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => TRON (TRX) Forum + Ecosystem => Topic started by: cheezcarls on December 29, 2019, 08:50:25 AM
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TRON (TRX) will be unlocking 33B TRX on Jan 1, 2020. What these tokens will be used for has yet to be determined.
TRON will be starting 2020 with a massive token unlocking which will increase its current circulating supply of 66B by 50%. 33B TRX will be unlocked on the first day of 2020. The TRON Foundation locked the funds months after it migrated from Ethereum to its own mainnet.
Source link here (https://beincrypto.com/33b-trx-to-be-unlocked-on-new-years-day-despite-no-plans-for-use/?utm_campaign=amba&utm_medium=social&utm_source=altcoinstalks&utm_content=jc)
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TRON (TRX) will be unlocking 33B TRX on Jan 1, 2020. What these tokens will be used for has yet to be determined.
TRON will be starting 2020 with a massive token unlocking which will increase its current circulating supply of 66B by 50%. 33B TRX will be unlocked on the first day of 2020. The TRON Foundation locked the funds months after it migrated from Ethereum to its own mainnet.
Source link here (https://beincrypto.com/33b-trx-to-be-unlocked-on-new-years-day-despite-no-plans-for-use/?utm_campaign=amba&utm_medium=social&utm_source=altcoinstalks&utm_content=jc)
Good news but i think this news has no effect on market specially for TRX. No bounty still coming with TRX token so that it may be market fall of TRX in future if its circulation did not happen effectively.
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Good news but i think this news has no effect on market specially for TRX.
No, this is not good news but this is bad news because with 33,000,000,000 TRONs this will be able to destabilize the TRON market itself which results in Dump prices.
Just imagine the value of 33,000,000,000 TRON is very much at all and it certainly exceeds the supply of reasonable alttcoins created.
But it will be a little different if TRON is used for the development and backup of all altcoins created in the TRC20 chain because this value will be a strong support for their altcoins.
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I don't know what event this is from Justin SUn but the launch of the 33B TRX token in the new year is something good if it is made for a prize.
But when the TRX 33B is made for Justin alone and thrown into the market it is definitely making the DUMP price. LOL
I have a suggestion that the 33B TRX is made for surprises, prizes or any event it is from TRX because 33B is very big and expensive !
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I don't think there is anything like that from TRON because there are a lot of TRON supplies.
Evidenced by seeing the Binance market for now TRON's price rose from 160 satoshi up to 190 satoshi this happened in June and July 2020.
So the effect of spending coins from TRON that much in my opinion does not have a negative effect on TRON.
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33B TRX will be unlocked on the first day of 2020. The TRON Foundation locked the funds months after it migrated from Ethereum to its own mainnet. The account address is currently accessible to the public and can be viewed here.
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33B TRX will be unlocked on the first day of 2020. The TRON Foundation locked the funds months after it migrated from Ethereum to its own mainnet. The account address is currently accessible to the public and can be viewed here.
How can it be possible sir ? 2020 year already nearly finished. Maybe You make type mistakes. 33b tron will be unlocked on New year 2021.
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Opening that many TRX, hopefully there will be no Dump because the huge value of TRX like that can be sold to the market quickly and become a dump.
Just look at how many TRONs were released and that's a lot of around 33,000,000,000 TRON, if converted to BTC it will consume a lot of BTC Buy Orders.
It's very unfortunate if Justin Sun just released it to the market.
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First of all I thank you for giving such updated news. I don't really understand why. Doing so will increase the price of Bitcoin more widely.
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33B TRX will be unlocked on the first day of 2020. The TRON Foundation locked the funds months after it migrated from Ethereum to its own mainnet. The account address is currently accessible to the public and can be viewed here.
How can it be possible sir ? 2020 year already nearly finished. Maybe You make type mistakes. 33b tron will be unlocked on New year 2021.
Yes, brother, I also say that the year 2020 is already over. Maybe there has been a little mistake that 2021 may start from the beginning. In fact, I did not understand the importance of taking such an initiative.
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I see for now there is no problem with TRON because the TRON value for now seems to go up and is green.
Although 33 Billion TRONs were released to the market, in fact TRON still has the strength to go up, just look at the TRON market now growing slowly.
I've looked at Coinmarketcap thoroughly for TRON coin .
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I see for now there is no problem with TRON because the TRON value for now seems to go up and is green.
Although 33 Billion TRONs were released to the market, in fact TRON still has the strength to go up, just look at the TRON market now growing slowly.
I've looked at Coinmarketcap thoroughly for TRON coin .
Yeah, TRON is growing slowly but surely. Bitcoin has backed to its all time high and will cross 20k$ soon. When altcoin seasons comes, I believe TRON can come back to ATH.