TRON (TRX) counts down the days to run the test network, giving investors hope for a new surge in prices once the project will move into a more active phase of development. Last month on the market the TRX, there was a lull, the price ranged from 3 to 4 cents and was practically identical to the chart of Bitcoin. This relative price stability can attract investors who bet on more active development of the project in the long term.
After December pampas TRX price exceeded 25 cents, the project instantly gained popularity due to speculative agiotage. But then a sharp drop in prices sobered up investors. The recent recovery still looks fragile; on the other hand, investors have already felt the taste of "IX" and want a repeat of success.
Investors refer to a good marketing campaign in social media, explaining the recent recovery of the price. Although such steps by the project management can help in the process of market recovery, it should be remembered that history has shown that advertising creates high volatility for TRX. However, the project can only benefit from the publication of news about the countdown launch of the test network, as curious investors return to the TRX market. At the moment, prices below $ 0.04 are considered relatively low and are regarded by investors as a good moment to enter the market.
The launch of THE tron test network is a serious step before the token is transferred to the main platform network in the summer. At the moment, TRX is an ERC-20 token, and asset transfer can revive interest from the side of "strong hands". In addition, the launch of the test network will attract more developers to the open source platform.
On the other hand, from now on, TRON will be more difficult to develop, because the open source platform will be forced to function transparently. It may also be difficult to communicate with the international community, as the bulk of the initial investors of the project is concentrated in China.
Attracting talented developers remains one of the main problems for TRON. In the short term, token transfer can also create problems.
I bought some TRX at the start of this year. I am so bullish with TRX given the current line up of their development team. They have a good team and a pretty well plotted road map towards their project. Hearing about this news about them gives me the confidence that they are working fine and my investment is in a good place.
