Is TRON TRX only a hype coin ???

in #tron7 years ago

Is #TRON #TRX only a hype coin? is it really worth the 4 billion dollar market cap its sitting on ? Is the tron project a realistic project ? We all know #justinsun is the biggest hype man for tron and we all know that most of the new traders and most of experienced traders have fomo ( fear of missing out) went they hear news, with its high circulating supply of 65 billion coin, it makes the price of tron a very catching opportunity for everyone to stack up on thousands of coins in hope it will reach the $100 mark, but we all know tron will never reach that number, if it reaches $1 it will be have to reach a 65 billion market cap, is it possible? in my opinion yes ! it might be possible in a very long time but first they will need to have a very solid project. Tron is trying to cut the middle man for all social media platforms and allowing users to freely publish, store and own data, enabling them to own the rights to their content and decide when, how, and at what cost to share it. In a way where the users themselves own the economy. At this very moment, every producer of content want to post is on youtube, instagram, snapchat, etc... so they can make there money. Tron will need to figure out a way they will be able to pay creators for there content asap for all of us to start ussing the tron platform. So what do you guys think of tron ? Hype coin or a solid project with a great future ? #bitcoin #ethereum #litecoin #bitcoincash #cardano #ripple #stellar #neo #monero #dash #nem #iota #tron #eos #icon #crypto #cryptocurrency #binance #poloniex #bittrex #hitbtc #cryptopia #huobi #kucoin #bitconnect

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No it's not, if you follow them on twitter you will know

What will i know i do follow them

tron is a pain in my life

To the question in your title, my Magic 8-Ball says:

Outlook not so good

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

TRON (TRX) - 6 / 21 / 2018
Circulating Supply - 65,748,111,645
Current Price - $0.048787 USD
Market Cap - $3,207,626,824

On June 25th TRON Foundation will conduct a burn of 1,000,000,000 TRX all at once, which is worth 50 million USD according to today’s market price.

New Circulating Supply will be 65,748,111,645 - 1,000,000,000 TRX = 64,748,111,645

Price Now - $3,207,626,824 / 65,748,111,645 TRX = $0.048787 USD
Price after token BURN - $3,207,626,824 / 64,748,111,645 = $0.0495400 USD

With the MASSIVE circulating supply in the TRON project the BIG Announcement is basically more hype.

The coin under today's conditions will rise 1.5% instantly. haha
https://medium.com/@Tronfoundation/june-25th-tron-independence-day-ef7b9df02be9

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