Bitcoin Forum

Tron is once again experiencing great gains. This time while bitcoin markets remained stagnant, TRX gained more than 7% over the last 24 hours. Are the new levels sustainable or would the market correct?

https://pbs.twimg.com/media/DdXJCvdW0AAdBw3.jpg (https://cryptocoincharts.info/coins/show/trx)

Well 7% change in 24hrs is not that much. Your chart even says that it gained more than 200% in April ;)
Are there any news coming for Tron? Do they have a working product yet? I am not too familiar with it, so some more information would be nice. (It is not always only about the charts ;))

25.05 - TronVM v.0.1 will be launched May 25. This version of TronVM uses a VM adpater that will enable complete compatibility with the ETH VM.
31.05 - The launch date of main net
21.06 - The migration from ERC20 tokens to TRX, the cryptocurrency on Tron’s public blockchain, will begin on June 21,2018 (GMT+8).

Great news.



source - https://coinmarketcal.com/?form%5Bdate_range%5D=18%2F03%2F2018+-+01%2F09%2F2021&form%5Bcoin%5D%5B%5D=TRON+%28TRX%29&form%5Bsort_by%5D=&form%5Bsubmit%5D=

Altcoins are not separated. They move ups and down as whole market. If market will go down - tron will go down even with this news. If market will go up. Tron can moon.

I think we will see a good growth before mainnet and swap tokens how it was in march.
 
So for short-term is a nice buy.

This is a perfect token to trade, I expect the price to keep rising till 24th of May then follow by the massive dump. I personally believe there is a money to be made here but not that much, because I feel the marketcap is too high for a project that has no mainnnet yet being valued over $4 billion

Given the situation on the market and looking at the TRON chart, I think that its price will continue to decline, possibly even up to $0.03

I would and the market did a correction. It looks like just a little bulltrap because the crypto fails to break another barrier again. This time the majority of coins are following bitcoin trend. Bitcoin is in a horrible situation.
Until the bitcoin can break the target on $9k and it will be very stable right now.

It would be corrected in the market as bitcoin also stabilized at first priority, and it will encourage those new traders who started to panic to develop trust with tron as well as bitcoin also starts gaining its price back. TRX will pump and dump within a dependable limit that bitcoin caused the shrinkage of the price on the entire marketplace. Hopefully the gaining scenario could draw more people to demand buy so the value will rise to the top price ever.

Mainnet keep getting closer. I hope you do not mislead me trx. If mainnet goes late, the imprint will be great.