Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => TRON (TRX) Forum + Ecosystem => Topic started by: rajput on May 08, 2021, 09:33:00 AM
-
TRX is a popular cryptocurrency that operates on the Tron blockchain, where it acts as the chain’s native currency. It was originally developed as an ERC-20 token during the crypto surge of 2017, only to migrate to its own chain upon its completion in mid-2018.
Tron’s long-term goal is to revolutionise the entertainment industry, mostly through gaming, torrenting and other similar community-oriented activities where it provides the ability to conduct microtransactions. That way, consumers can connect directly to artists and developers and enjoy their content in return for a small fee, often only a few cents higher, or lower – enough for consumers to not really feel like they are paying anything, but also enough for artists and developers to make a decent earning, provided that they have a certain following.
The project also functions as a development platform that dabbles in smart contracts, dApps, DeFi, NFTs and other popular trends. As such, it is one of Ethereum’s rivals, despite the fact that this is the blockchain on which it originated. However, Tron is much faster and more convenient than Ethereum, not to mention its lower fees.
Tron was developed by Justin Sun, who is its acting CEO and the face of the project. Since he created it, Sun was not shy to highlight Tron’s potential and possibilities that the blockchain and its native coin can bring to the entertainment industry. However, the TRX price has mostly struggled to grow since its crash in 2018, during the crypto winter. This is why its recent surge is extremely important.
TRX price history and analysis
TRX emerged in mid-September 2017, and for the first few months of its existence, its price had not seen any notable movement. It mostly fluctuated between $0.001 and $0.002 until it finally started to rise in mid-December of that year.
info. https://www.google.com/amp/s/capital.com/amp/trx-price-prediction-ready-to-hit-new-highs-in-2021
-
TRX is a popular cryptocurrency that operates on the Tron blockchain, where it acts as the chain’s native currency. It was originally developed as an ERC-20 token during the crypto surge of 2017, only to migrate to its own chain upon its completion in mid-2018.
Tron’s long-term goal is to revolutionise the entertainment industry, mostly through gaming, torrenting and other similar community-oriented activities where it provides the ability to conduct microtransactions. That way, consumers can connect directly to artists and developers and enjoy their content in return for a small fee, often only a few cents higher, or lower – enough for consumers to not really feel like they are paying anything, but also enough for artists and developers to make a decent earning, provided that they have a certain following.
The project also functions as a development platform that dabbles in smart contracts, dApps, DeFi, NFTs and other popular trends. As such, it is one of Ethereum’s rivals, despite the fact that this is the blockchain on which it originated. However, Tron is much faster and more convenient than Ethereum, not to mention its lower fees.
Tron was developed by Justin Sun, who is its acting CEO and the face of the project. Since he created it, Sun was not shy to highlight Tron’s potential and possibilities that the blockchain and its native coin can bring to the entertainment industry. However, the TRX price has mostly struggled to grow since its crash in 2018, during the crypto winter. This is why its recent surge is extremely important.
TRX price history and analysis
TRX emerged in mid-September 2017, and for the first few months of its existence, its price had not seen any notable movement. It mostly fluctuated between $0.001 and $0.002 until it finally started to rise in mid-December of that year.
info. https://www.google.com/amp/s/capital.com/amp/trx-price-prediction-ready-to-hit-new-highs-in-2021
Yes still now TRX is low price if i compare with ADA and Doge coin so any time can jump we will se a very good price on TRX so if any one can invest for long term any time can start pump.
-
TRX price is in a fairly good position but now the price has come down a bit. Currently TRX is becoming more popular and many investors are investing here. Of course, the future of TRX is very good, so everyone is investing in it. I have held TRX to see how it will be in the future.
-
the throne needs support in the plan for the formation of new tokens for it, right now, of course, it's not the time to think about it, the market is gradually reducing the turnover, we'll wait and see
-
The price of TRX is fairly high in the market. But now at the present time it has decreased a lot. The price of Tierx coins will be much better in the future.
-
Tron coin is very popular coin in the crypto currency market. Day by day its popularity is growing. Many investors have invested in this forum . Now the transection of the tron coin is very high . The position of the tron coin is 24 and its price is $0.07617. It is increasing and I think in the end of the 2021 it will risen up more.
-
2021 may not be the time for TRON coins to soar to the 7th sky but it is a pity that TRON is not able to compete with the top 20 Coinmarketcap.
I speak like this because TRON was not able to reach the All Time High in 2018 and even now the price of TRON is likely to fall because it follows the market from Bitcoin.
-
2021 may not be the time for TRON coins to soar to the 7th sky but it is a pity that TRON is not able to compete with the top 20 Coinmarketcap.
I speak like this because TRON was not able to reach the All Time High in 2018 and even now the price of TRON is likely to fall because it follows the market from Bitcoin.
Except for stable coins, all coins/tokens "follow" the value of Bitcoin. I think you are wrong, Tron reached its ATH in 2018 precisely, reaching a value of $0.3, and from my point of view it is a project with great potential, but it does not have the marketing of Binance or the years of Ethereum. Tron will continue to grow thanks to its continued development, I'm sure.
-
Tron is most popular gaming platform in crypto world. Now it’s price is still low and it’s very easy to buy more and hold them. But I think it’s price will increasing in future. So hold it and take a chance to get more profit in future.