TRX and the road to the Moon

in cryptocurrency •  7 years ago 

One of the altcoins that has been a source of my undivided attention for the past few months is the elusive TRON. It has a strong community of supporters who are active on all types of social media and the presence of the founder Justin is very strong on places like Twitter.

trx.png

Yes there had been some hiccups in regard to the way the PR was managed and errors happened in the past (copied parts of whitepaper, announcements that didn't quite match the reality...) but overall the effort and development of the product has been very steady.

With the launch of the testnet last Sturday there was a lot of talk about TRX finally going to the Moon, which unsurprisingly didn't happen. Sometimes things don't work like that as announcements are something that doesn't quite serve $TRX. The patient hodler was rewarded though a few days later, when the price rose over 30% and seems to be keeping that level for now.

Another supportive factor to the price of the token is an expected coin burn which will happen once the product hits the mainnet.

For now patience is the virtue and I am sure the well-supported, and cheap, $TRX will remain one of the crypto investment options with plenty of potential for growth.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations @sekera! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

3 years on Steem - The distribution of commemorative badges has begun!
Happy Birthday! The Steem blockchain is running for 3 years.
Vote for @Steemitboard as a witness to get one more award and increased upvotes!