TRON leaves Ethereum network! How this will affect prices of of both coins?

[NaXxow]

EOS and TRX chose to have their own blockchain, and they are the top competitors of ETH. They have shown in their social media what makes them good option than ETH. As far as I know, both coins are still a whitepaper, so basically it will not yet affect the price. But incase everything that they promise will happen, I think ETH will swing at lower price, I guess.

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[berrygood]

I think it will not affect ethereum's price but it will make tron's price rise since it is a good thing for tron but ethereum is not a company so being in ethereum network is not necessarily bad.

[FAT_32]

Tron is not going to change it's price because of it, and nothing is going to happen to ethereum because tron is nothing compared to ethereum to be honest.

[vasilisc555]

Most likely that does not affect in any way with such an already dull market! But in fact time will tell! The market is very tired and should not react critically

[Crypcar10290]

The mainnet launch news will make the price of Tron increase most likely but after the release it is going to be a big dump as it always happen with the main net launch or fork news, no matter what project good or not, people always sell after the launch, as people say "buy the rumors sell the news", so for Tron holders the main net will be bad for the price in the short term but in the long term is going to be good. Tron being running his own blockchain will bring good things to the project which will be reflected in the price eventually.

[BTMgoMoon]

I don't think it will have any effect. Tron's departure from Ethernet and the creation of his own blockchain is a test for Tron. If all goes well, it is a good start for Tron. For Ethereum, there are too many tokens based on ERC-20, and there are many new tokens. So I think this will not affect the price of ETH. ETH is like an adult and is highly respected. Tron EOS Qtum all left the Ethernet network, but before Ethernet, they are still too young and there is still a long way to go

[cryptodalton]

This won't affect ETH. TRX is in beta version. Hope there won't be any bug in the system. Transferring to TRX wallet is the most important issue.

[sergienkoe]

I regard this news as positive for TRON (TRX). I dont think that it will affect the price of the ethereum, but the price of the trone most likely will grow.
It's nice to see how coins develop, create their own blockchain.

[niteroy]

Many people are more positive about coins than just Ethereum tokens, so I think this is a positive change in the TRON system, which can lead to a price increase. TRON is quite a promising coin, especially since it has a very strong community and it constantly develops its coin.

[HatDen]

Of course it will, price will go up when people will interested in the project. TRON worth it to rise

[youngsblin]

The THRONE I think will show growth.The Ethereum will most likely not react to this event.All its currency needs in the end to leave the tokens ERC-20 and create their blockchain.

[Collider]

How long do we have time to change our TRON ERC-20 tokens to he new coins? And where we can do that?

[Jimboqs]

I believe that from this will only the benefits. and I think that this will not affect ETH

[upyem2k]

I don't see that having any effect on both tokens. Ethereum is independent while the TRON is also a token with its own ideology behind it project. There cannot be any negative effect on both coins

[kryptqnick]

Tenth Largest Crypto TRON to Leave Ethereum, Launches Beta Version of Own Blockchain

TRON (TRX) launched a beta version of its independent public blockchain at 12 am UTC, today May 31.
Tron is currently the tenth largest cryptocurrency by market capitalization.

The move to Tron’s MainNet – also dubbed Odyssey 2.0 – is part of a transition away from the Ethereum blockchain.
The full launch of the network’s Genesis block is set to take place on June 25, styled ‘Independence Day’ by the TRON foundation.

Token ‘migration’ will take place between June 21 and June 24, during which investors will be able to exchange their ERC-20 standard tokens on crypto exchanges for an equivalent number of TRX on the new blockchain.

How this will affect prices of TRON, ETH and Odyssey as well?

I think this is like a hard fork for a coin. Some people will support the ethereum-based tron, because at least we can see it's not buggy and is pretty safe. Others will join the new network and try testing it. I suppose both tron and ethereum will have their prices decreased because of this act. And there's gonna be the hell lot of trading going on, since tron's marketcap is billions of dollars. People might panic and try selling their tokens for trx faster, thus invoking the unequivalent prices.
This might be a good move for tron, but it looks risky.

[lkcoindaddy]

TRON provides users with a completely free and reliable platform for the publication, storage and distribution of photos, audio, video and other data. The platform has open source code and uses the Ethereum network block.

[kinki32]

Tron capitalization is very overvalued because they only now try to quit from ethereum. And still not showing their github.

[TheWalkingCoin]

Tron have lanuched on Indodax market and low get positive respond from bitcoin trader, small person have take action making trade with TRON. There are many not interested of bitcoin member of Indonesia to participated at TRON trade. Not good potential price for TRON to see on highest price. Just be the same price for long time because we see many trader not interested to make TRON trade and investment with TRON. Maybe have another time to see TRON on high price.

[Pamplelune]

How long do we have time to change our TRON ERC-20 tokens to he new coins? And where we can do that?

Here is a useful article about What TRX holders need to know about the upcoming token swap.

The TRX token swap is being done through exchanges. TRON holders need to make sure their coins are being held on participating exchanges by the deadline, and they will be automatically swapped out one for one.

You can find a list of participating exchanges on the TRON website. As long as your coins are held in your account on any of those exchanges by the deadline, your tokens should be automatically swapped out.

24 June 2018: The last day for making sure your TRX is on an exchange, rather than in your own personal wallet.

[Pamplelune]

According to Ledger Twitter the company is willing to work with the TRON Foundation on TRX implementation into the Ledger wallet.

Read more: https://cryptovest.com/news/ledger-tron-support-on-its-way