Will Tron Ever reach $1? Hear what people are talking about

in #cryptocurrency6 years ago

Being among the top twenty cryptocurrencies according to market capitalization, Tron has gotten a large community over a short period of time, Not only did it Launch its MainNet, but it has held one of the largest token burns in history and they also purchased BitTorrent recently.

Tron Hodlers have been expecting the value to increase in price so they can all smile to their banks, Instead, the coin depreciates with an average of 0.3% every 24 hours. For now, TRX, just like all other cryptos are struggling with a mainly bearish market, which only allows short periods of recovery. However, this situation will not last forever, and the situation is bound to become better eventually.

When it does, what can we expect of TRX coin’s value? Many have tried to give their predictions, but before tackling this question, let’s make sure that everyone is on the same page.

Even though Tron was born on the Ethereum Blockchain, it has successfully launched its mainnet and transferred all of its tokens to their blockchain, the remaining tokens as it was mentioned previously were burned, A total of 1 billion worth of TRX.TRON’s blockchain is a really fast one, it can handle up to 1000 transactions per second. It uses a PoS consensus mechanism, as well as Lamport Algorithm, that is being used for wallets. TRON also has a large and extremely dedicated community that is constantly refreshing their Twitter in expectation of Justin Sun’s new progress announcements.

View Expectations Here

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