Hello friends,
How are you all. I hope everyone is well with the blessings of the great creator. I am also well with your prayers. I hope everyone will be careful.Today I'm going to talk about the recent price fall of Tron. Investors are in a panic because of the fall in Tron's price. So let's see if the price fall of Tron is something to be wary of or is just another passing phase.
Source
Tron's price was fluctuating between .02 -.03 USD for quite some time before 2021. But it took a sharp growth in April 2021 and reached a new peak of $0.16. That was a turning point for Tron. In November 2021, Tron showed a steady price fall till February 2021, and the price dropped to $0.05. This fall created a panic in the investors. But before reaching conclusions, we have to see some other facts.
Source
Tron is picking up its pace in transactions and Smart contract activities swiftly. According to Tronscan, out of 3,0032,659,796 transactions, 1832804386 are from smart contracts. That shows over 60.4% of transactions in Tron come from Smart contracts. Tron DAO has reported in the weekly report The account in Tron has reached almost 85 Million while TVL on Tron reached $9.7 billion. Tron has become the fastest-growing public chain with over 80 million accounts and $2.9 billion transactions. From the facts stated above, the future of Tron looks quite good.
Source
Tron price is stabilizing since mid-February. The current market price of Tron is $0.07. investors may think that Tron's price is fallen from $0.16, but in reality, its price has risen from $0.03. So even if it may seem that the future of Tron is bleak in reality, it's very bright.
Conclusion |
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So, no need to panic over the recent price fall. Happy investing. I will come up again with a new topic I hope you will like it. I am saying goodbye here today wishing everyone good health.
Yours Ever
@rabiul365
Note:Some Exact Information I collect From tronscan.io |
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Ref
Nice strategy.
✅
Your analysis was really great
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thanks for your nice compliment.
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Your post is very important for all of us. You have shared a lot of information with us through your poster. It was very good.
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thanks for your nice feedback brother.
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Twitter link:
https://twitter.com/Rabiul30/status/1511819734861623301?t=3oCxqeD_Rz3GNiGd1OMolA&s=19
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Wonderful analysis and much appreciating. Your analysis of tron price from last 2 years point of view was fantastic. Still tron is prosperous for all of us. Nice analysis and thanks for sharing.
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thanks bother for your nice feedback its gives me energy and Next time i try to share a reference as a webpage link.
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