Can TRX coin go to 1 dollar in future?

[Metha Wulandarin]

I think so too the price movement of the two coins is very slow it seems to be true that you said TRX has lost trust and xlm maybe because the ecosystem is very small and only a few people are interested in this coin but these two coins can be said to be legendary coins when viewed from their age

Without continuous development and a team that continues to add improvements and innovations, it is very difficult for Tron to become a blockchain with a greater number of active users. Unfortunately what is happening is quite the opposite, according to current statistics. I think we could say that what keeps Tron afloat are USDT transactions, really cheap on this blockchain. For Tron to once again rise above other blockchains, it would need (among other things) a new roadmap explaining to users where the project is headed. Otherwise, Tron will never be able to grow in any way.

There is a little difficulty for now because the owners of TRX themselves don't seem to care about TRX anymore, even if they make changes to the roadmap it doesn't seem like it will change TRX for the better, if the roadmap is changed then the entire ecosystem must change and TRX will become a new project.
For me the withdrawal fee using USDT on the Tron network is expensive, in the past, the withdrawal fee was only $0.1 usdt but now almost in all markets the USDT withdrawal fee using the Tron network is around $1 and I haven't used the Tron network for USDT withdrawals for a long time.

[SmartGold01]

There is a little difficulty for now because the owners of TRX themselves don't seem to care about TRX anymore, even if they make changes to the roadmap it doesn't seem like it will change TRX for the better, if the roadmap is changed then the entire ecosystem must change and TRX will become a new project.
For me the withdrawal fee using USDT on the Tron network is expensive, in the past, the withdrawal fee was only $0.1 usdt but now almost in all markets the USDT withdrawal fee using the Tron network is around $1 and I haven't used the Tron network for USDT withdrawals for a long time.

Well if talking about fee I must say Tron is the best network to use for withdrawal it's fast and smarter almost instantly than any other network, most of withdrawal are basically on trx-usdt and is very easier for me to handle. Now talking about the possibility of trx price to hit 1$ well, with no arguable acts I must say it would take some time to happen because of it total supply except it's reduced a bit.

[Freemind]

There is a little difficulty for now because the owners of TRX themselves don't seem to care about TRX anymore, even if they make changes to the roadmap it doesn't seem like it will change TRX for the better, if the roadmap is changed then the entire ecosystem must change and TRX will become a new project.
For me the withdrawal fee using USDT on the Tron network is expensive, in the past, the withdrawal fee was only $0.1 usdt but now almost in all markets the USDT withdrawal fee using the Tron network is around $1 and I haven't used the Tron network for USDT withdrawals for a long time.

The Tron team has been doing nothing for a long time, as long as that doesn't change, nothing will change. I haven't used the Tron chain in a while, but if the fees have gone from $0.1 to $1, it is still cheap, especially compared to the much more expensive ERC-20 (Ethereum) fees, that change won't stop people from sending USDT over the Tron chain, as it's not very significant. If fees continue to rise, I suppose it would be a matter of time before the Tron chain begins to lose positions in the list of the most used chains to send USDT.

Well if talking about fee I must say Tron is the best network to use for withdrawal it's fast and smarter almost instantly than any other network, most of withdrawal are basically on trx-usdt and is very easier for me to handle. Now talking about the possibility of trx price to hit 1$ well, with no arguable acts I must say it would take some time to happen because of it total supply except it's reduced a bit.

The problem is not that there are no plans to reduce the total supply, the problem is that there is no plan, if Tron increases in value it is due to the simple fact that Bitcoin drags the market up, not because the team is working to add new features.

[SmartGold01]

Well if talking about fee I must say Tron is the best network to use for withdrawal it's fast and smarter almost instantly than any other network, most of withdrawal are basically on trx-usdt and is very easier for me to handle. Now talking about the possibility of trx price to hit 1$ well, with no arguable acts I must say it would take some time to happen because of it total supply except it's reduced a bit.

The problem is not that there are no plans to reduce the total supply, the problem is that there is no plan, if Tron increases in value it is due to the simple fact that Bitcoin drags the market up, not because the team is working to add new features.

Yes you are correct, the bitcoin market most drive all other coin to gain a better price increase over the bull run, tron is one of the most used digital currency used for transportation and every single moment people are using it as alternative to withdraw usdt-trc20.

[JISAN]

Well if talking about fee I must say Tron is the best network to use for withdrawal it's fast and smarter almost instantly than any other network, most of withdrawal are basically on trx-usdt and is very easier for me to handle. Now talking about the possibility of trx price to hit 1$ well, with no arguable acts I must say it would take some time to happen because of it total supply except it's reduced a bit.

The problem is not that there are no plans to reduce the total supply, the problem is that there is no plan, if Tron increases in value it is due to the simple fact that Bitcoin drags the market up, not because the team is working to add new features.

Yes you are correct, the bitcoin market most drive all other coin to gain a better price increase over the bull run, tron is one of the most used digital currency used for transportation and every single moment people are using it as alternative to withdraw usdt-trc20.

TRX has a large supply, although Bitcoin dominates all other coins.  When the price of Bitcoin rises, so do the prices of other coins.  However, no matter how good the market is, I have not seen the price of TRX increase much.  It behaves almost stable so I think it is almost impossible for TRX price to be $1 because its price is 12 cents but according to its supply its marketcap is $10B+ so if its price is $1 its marketcap should be about $90B which is more than BNB.  But there is no such thing as impossible in crypto so it can happen but the chances are very low.

[SmartGold01]

Well if talking about fee I must say Tron is the best network to use for withdrawal it's fast and smarter almost instantly than any other network, most of withdrawal are basically on trx-usdt and is very easier for me to handle. Now talking about the possibility of trx price to hit 1$ well, with no arguable acts I must say it would take some time to happen because of it total supply except it's reduced a bit.

The problem is not that there are no plans to reduce the total supply, the problem is that there is no plan, if Tron increases in value it is due to the simple fact that Bitcoin drags the market up, not because the team is working to add new features.

Yes you are correct, the bitcoin market most drive all other coin to gain a better price increase over the bull run, tron is one of the most used digital currency used for transportation and every single moment people are using it as alternative to withdraw usdt-trc20.

TRX has a large supply, although Bitcoin dominates all other coins.  When the price of Bitcoin rises, so do the prices of other coins.  However, no matter how good the market is, I have not seen the price of TRX increase much.  It behaves almost stable so I think it is almost impossible for TRX price to be $1 because its price is 12 cents but according to its supply its marketcap is $10B+ so if its price is $1 its marketcap should be about $90B which is more than BNB.  But there is no such thing as impossible in crypto so it can happen but the chances are very low.

That is true except there is a burn mechanism whereby if you transfer some percentage are going in the burn address just as the way bitcoin is being burned.
There are other coin which mostly happened same way where if they transferred to other person there some percentage that is going down to burn so if this is applicable to trx then there could be possibilities trx to smell 1$.

[Hamza2424]

TBH, I was quite hopeful with the TRX in the last cycle i did hold some trx for the long term as well, I was expecting them to develop it in the Gemfi mode, but they completely disappointed me. There was hope when they announced the USDD I think, for their stablecoins ever they named it. Still, when I realized the dead end, I took all my funds out of trx even in loss, and I will call trx pure shit now haha sorry to say. Still, yup that's the reality they do have a clear target so how do they qualify to compete maybe after this cycle they will get eliminated from the top 50 list.

$1 is a dream, but i think this won't be able to go this far.

[dekafee79]

TBH, I was quite hopeful with the TRX in the last cycle i did hold some trx for the long term as well, I was expecting them to develop it in the Gemfi mode, but they completely disappointed me. There was hope when they announced the USDD I think, for their stablecoins ever they named it. Still, when I realized the dead end, I took all my funds out of trx even in loss, and I will call trx pure shit now haha sorry to say. Still, yup that's the reality they do have a clear target so how do they qualify to compete maybe after this cycle they will get eliminated from the top 50 list.

$1 is a dream, but i think this won't be able to go this far.

If you doubt TRX and consider this a trash coin, it's your right. But everyone has their own beliefs in choosing coins in investing. I use TRX for transactions because, this coin gas fee is quite cheap and also fast. Maybe I don't hold TRX in large quantities, but I think TRX is still potential to hold.

[Hamza2424]

If you doubt TRX and consider this a trash coin, it's your right. But everyone has their own beliefs in choosing coins in investing. I use TRX for transactions because, this coin gas fee is quite cheap and also fast. Maybe I don't hold TRX in large quantities, but I think TRX is still potential to hold.

What I actually meant was, that TRX is no longer a competitive project, it's just using the old gold narrative, TRX was good and even still sometimes I use TRX for transactions, but it's not cheap when there are way cheaper solutions available there. TRX cant compete with Matic, cant compete with SOL, TON, and some others that's why I said it is a trash now.

[Freemind]

TBH, I was quite hopeful with the TRX in the last cycle i did hold some trx for the long term as well, I was expecting them to develop it in the Gemfi mode, but they completely disappointed me. There was hope when they announced the USDD I think, for their stablecoins ever they named it. Still, when I realized the dead end, I took all my funds out of trx even in loss, and I will call trx pure shit now haha sorry to say. Still, yup that's the reality they do have a clear target so how do they qualify to compete maybe after this cycle they will get eliminated from the top 50 list.

$1 is a dream, but i think this won't be able to go this far.

I don't think Tron is shit, but the truth is that it is very far from what it could have been, when it had more continuous development over time. Honestly, I'm also very disappointed, but there's not much we can do to change what's happening. Regarding USDD, it seems dangerous to me, especially taking into account what has happened with some stablecoins, which ended up "volatilizing" the funds of thousands of investors.

If you doubt TRX and consider this a trash coin, it's your right. But everyone has their own beliefs in choosing coins in investing. I use TRX for transactions because, this coin gas fee is quite cheap and also fast. Maybe I don't hold TRX in large quantities, but I think TRX is still potential to hold.

The truth is that even if we don't like it, the Tron ecosystem is maintained thanks to USDT transactions. If it weren't for that, Tron would possibly have a lower value than it currently has and would be very far from the current position it is in right now on CMC.

[NikeFit_7777]

Justin Sun is modernizing the commission system. The Tron founder said that at the end of the year his team will present a solution for transferring stablecoins without any gas tokens - the commission will be covered by the stablecoins themselves.

P.S. Do you support this idea? Do you trust this person?

Source link: https://x.com/justinsuntron/status/1809579898136326509?s=46&t=f54P6fnXxOtQwesmZMek1g

[Freemind]

Justin Sun is modernizing the commission system. The Tron founder said that at the end of the year his team will present a solution for transferring stablecoins without any gas tokens - the commission will be covered by the stablecoins themselves.

P.S. Do you support this idea? Do you trust this person?

Source link: https://x.com/justinsuntron/status/1809579898136326509?s=46&t=f54P6fnXxOtQwesmZMek1g

I think we all already know (and if not, we should) very well how Justin Sun acts. The first step is a great headline that borders on clickbait like for example, I'm going to buy 50,000 Bitcoins from the German government, to attract public and media attention. Then comes the theory of the supposed solution to the supposed problem and a possible release date. And after all that, like almost everything Justin Sun says, it all comes to nothing.

Unfortunately, it is something that Sun has accustomed many people to, and after these years in 90% of the cases it has been like this. So giving him a vote of confidence (another) is practically a waste of time.

[sampoerna]

What I actually meant was, that TRX is no longer a competitive project, it's just using the old gold narrative, TRX was good and even still sometimes I use TRX for transactions, but it's not cheap when there are way cheaper solutions available there. TRX cant compete with Matic, cant compete with SOL, TON, and some others that's why I said it is a trash now.

I also think about it.
If the asking question about can it be $1, well, Can it be? I don't know why I'm quite skeptical about this. TRX is actually a pretty good project, it's just that its development is very slow. Moreover, the project seems to be stagnant like that. So in the long run, the project will be displaced by several new projects in the future. This is quite bad. Luckily it still survives.

It's just that to reach $1, it's quite difficult. Moreover, the price itself is currently only at $0.1391. That's still very small. While its ATH itself is only $0.2317, it is very difficult to break through $0.3. So, it seems like impossible to see TRX at $1. Unless there is a miracle and I really want that miracle to happen.

https://www.coingecko.com/en/coins/tron

[Freemind]

I also think about it.
If the asking question about can it be $1, well, Can it be? I don't know why I'm quite skeptical about this. TRX is actually a pretty good project, it's just that its development is very slow. Moreover, the project seems to be stagnant like that. So in the long run, the project will be displaced by several new projects in the future. This is quite bad. Luckily it still survives.

It's just that to reach $1, it's quite difficult. Moreover, the price itself is currently only at $0.1391. That's still very small. While its ATH itself is only $0.2317, it is very difficult to break through $0.3. So, it seems like impossible to see TRX at $1. Unless there is a miracle and I really want that miracle to happen.

https://www.coingecko.com/en/coins/tron

Tron's ATH varies depending on where we want to see it, since in CMC the ATH is $0.30.



The problem, from my point of view, is not ATH or whether Tron will reach $1 in the future or not, the problem is the "slow" or no development that Tron has had for too long. Although Justin Sun has made statements in recent weeks that he will soon make stable coins fees free, I don't think that will be enough. Tron needs development beyond improving what already exists, otherwise it will end up surpassed by other projects that could appear at any time.

[Metha Wulandarin]

There is a little difficulty for now because the owners of TRX themselves don't seem to care about TRX anymore, even if they make changes to the roadmap it doesn't seem like it will change TRX for the better, if the roadmap is changed then the entire ecosystem must change and TRX will become a new project.
For me the withdrawal fee using USDT on the Tron network is expensive, in the past, the withdrawal fee was only $0.1 usdt but now almost in all markets the USDT withdrawal fee using the Tron network is around $1 and I haven't used the Tron network for USDT withdrawals for a long time.

Well if talking about fee I must say Tron is the best network to use for withdrawal it's fast and smarter almost instantly than any other network, most of withdrawal are basically on trx-usdt and is very easier for me to handle. Now talking about the possibility of trx price to hit 1$ well, with no arguable acts I must say it would take some time to happen because of it total supply except it's reduced a bit.

I don't know what will happen if TRON slightly reduces or burns the supply of TRON tokens because so far I have not found a project that reduces the supply of tokens after the token is listed on exchanges such as Binance or OKX and other top exchanges, except for projects that are only listed on DEX.