TRON price analysis!!!

[michellee]

I see tron as ETH competitor, but cannot be compared 100% because when ETH 2.0 launches it will destroy TRON, so i hope TRON can work something on and evolve.

Competitors in what way? if they both compete in terms of transaction fees at this time, of course TRON will win because TRON transaction fees are still arguably cheap if we look at the current price of TRON tokens and that has always happened, but for ETH only in years this alone has experienced an increase in the cost of transaction gas, but in previous years it was not the case.

We can not compare between tron and ethereum because the project is different. Besides that, tron and ethereum have their price, and ethereum have a high price than tron. Many people invest in ethereum because they believe that by investing in ethereum, they can make a profit. Tron will be difficult to compete with ethereum as ethereum is already popular among the other altcoins. I think ethereum and tron will have their way, and both will increase higher later.

[pilosopotasyo]

Tron us a highly centralized blockchain project for me. When you know about the project Oikos and how Justin Sun behave to them, you would completely change your mind about Tron. In a nutshell, when you make Justin upset, he will destroy your project, by not supporting token on Tron, not listing on PoloniDEX etc. 

I have Oikos and I really don't like the way Justin Sun treat Oikos they lack support from Tron developers this is one story where developers will be thinking of creating a token in Tron but Oijkos is still a great project they can opt to transfer too a new platform if they wish to do so.

[btcltcdigger]

IMO despite my feelings for Justin Sun, Tron does have a future, as it provides atm a strong alternative to insane ETH fee's.
Many have switched to sending USDT from ERC to TRX, and i believe that's why the price surged.

We'll see how it goes from here. I have some TRX and i'm staking it for the long run

[bitgolden]

I believe tron foundation could be the biggest trouble between trons success and failure. If tron foundation didn't existed and only people decided on things and usually just let it be without any more involvement from either people or anyone else. I think it could have turned it into something much better.

But, because there is tron foundation and Justin Sun I believe it is not going any better only due to them, they are not really loved even in the Tron world and I personally do not invest into Tron just because of them, they are too much involved and I fear that one day they will do a mistake that I will get caught in the middle and it will cause me to lose a lot of money. I do not want a team that makes me scared of what kind of idiotic move they may make.

[articlecity]

No doubt there are questions and concerns raised over tron and their defi ecosystem although these are new things and errors and bugs are part of the game but still tron foundation should make clarification regarding the scam.on their network. Regarding price i think trx will do good in coming months as it is undervalued right now.

[optimisticcm]

I am glad that tron foundation is proactige and going with the trend.
As soon as they saw DeFi trending and all the volume and business related to defi is on ethereum network they quickly came up with their own parallel platforms and businesses which is great and also gives ootions to the market and community, it is not easy to come up with platforms like justswap and sun etc it just goes to show the quality of team and developers tron has.
If there was a scam.on tron platform i am sure they will further improve the system so that scammers can be blocked.

[kindbtc]

TRX was seeing oversold conditions a few days ago when its RSI hit a low of 23, before ascending just past 50. However, the RSI was unable to remain above 50, and its drop beneath the level highlighted the fact that TRX’s recent 12% surge from $0.263 to $0.296 was merely a bounce.

TRX found a zone of strong resistance at $0.3 and looked likely to drop towards the support at $0.265.

Interestingly, a recent Reddit post has raised questions about JustSwap’s vetting process, claiming that the Tron Foundation has whitelisted a DeFi project that has since pulled a $2 million exit scam. This, despite DappRadar listing the project as “high-risk.”

Useful link: https://www.tradingview.com/symbols/TRXUSDT/?exchange=BINANCE
Reference - https://eng.ambcrypto.com/tron-synthetix-vechain-price-analysis-19-september/amp/

Tron is one of the mainstream project and as soon as it launched i still remember it was warmly welcomed by the market and all the top exchanges rushed to list it by themselves, at that time i was sure tron will be big in the future, with the right set of products and ecosystem i think i was right and we will see that tron will grow in the future.

[bbc.reporter]

@kindbtc. You should never trust a person who would say literally anything just to hype and pump his coin. Justin Sun is similar to a stand up comedian, no one takes him seriously.

This is how brainless he is.


On Sept. 19, Tron Founder Justin Sun’s Twitter account published as a (now deleted) tweet saying “#TRON users exceeded 10B! Next goal 100B.” The incredible claim caused confusion and mirth in equal measure across the crypto community for several reasons, chief among which was that the planet’s total estimated population has yet to hit 8 billion people.

Source https://beincrypto.com/tron-offers-rare-apology-after-10-billion-users-gaffe/

[WiND33]

I wonder how the future TronLink airdrop will affect the price of the token. Attention and money have already been attracted to this project, everyone hopes to make a profit. But the cryptocurrency market is not predictable, most likely after the airdrop there will be a slight price drawdown.

[Hallmader]

@kindbtc. You should never trust a person who would say literally anything just to hype and pump his coin. Justin Sun is similar to a stand up comedian, no one takes him seriously.

This is how brainless he is.


On Sept. 19, Tron Founder Justin Sun’s Twitter account published as a (now deleted) tweet saying “#TRON users exceeded 10B! Next goal 100B.” The incredible claim caused confusion and mirth in equal measure across the crypto community for several reasons, chief among which was that the planet’s total estimated population has yet to hit 8 billion people.

Source https://beincrypto.com/tron-offers-rare-apology-after-10-billion-users-gaffe/

Lol on this one. Justin Sun is just full of air but has actually nothing to boast and brag. He's got nothing but mere imitations. TRON itself is just a simple imitation, and a shitcoin at that. But there was only a single moment when he was original. That's when he claimed TRON has more than 10 billion users. That's one original thought of his, not copied from others. Lol.

[Crypto_lion]

Tron has been consistently exceeding the expectations and developing new dapps as well increasing the user base in the network. The future looks good for tron.

[Xembin]

Holding Tron for a long time, till the market change for your good is very good but you have to be very careful about scammer,because once they discover that a particular coin is an hot cake in the market they will be looking for way to hack people account. Since they try to scam me, i don't hold any Tron long as before.
I think the way Tron is pumping now, it will not last before it will dump like the way Bitcoin in last three month pump and dump.
 

[asriloni]

Tron has been consistently exceeding the expectations and developing new dapps as well increasing the user base in the network. The future looks good for tron.

Lol that's a joke.

Exceeding expectation for what? Otherwise tron never exceed the expectation that has already made by its supporter.

Just look at justswap and it's not even better than the Oikos swap.

Justin is a kid that call anything as a scam when it didn't wanna cooperate with him. Tron has no future if the ceo of tron itself keeps printing money though issuing more and more crap projects.

[YOSHIE]

TRX found a zone of strong resistance at $0.3 and looked likely to drop towards the support at $0.265.

TRON, BitTorrent, Ripple, if they don't adjust to the current market conditions, they will become outdated coins, their heyday is over.

More than 100 billion Tron currently circulating on the market, this requires very high volume for now, to jack up prices to ATH like the old days, not to mention with much more BitTorrent supply, don't be tempted by the ratings he has on CMC, it can change in seconds.

The day the rivals are getting tougher, new coins have sprung up. The supply is lower, the trading volume is higher, if TRON only relies on operating on the blockchain and decentralized and gaming, this could make them a historic coin that can be remembered in the era of 2017.

CEO they created too many Tron children instead of focusing on Tron's body itself, that's why Tron doesn't know who he is, drowning.

[CucakRowo]

-snip-

About justin and btt. Very interesting to watch the "fight" between Justin and Bram Cohen (BT Founder and Former BTT CEO). Bram stated that Justin was a scam artist and was in arrears the final payment for the acquisition fee of BTT. And ofc, justin supporters for sure will support their lovely CEO. You guys can follow thie "fight" through their tweet.
justin tweet about bram : https://twitter.com/justinsuntron/status/1311617788725719040?s=20
bram tweet aboout justin : https://twitter.com/bramcohen/status/1311700897114673152?s=20

bram was in "angry bird" mode at that time i suppose.

[cabron]

-snip-

About justin and btt. Very interesting to watch the "fight" between Justin and Bram Cohen (BT Founder and Former BTT CEO). Bram stated that Justin was a scam artist and was in arrears the final payment for the acquisition fee of BTT. And ofc, justin supporters for sure will support their lovely CEO. You guys can follow thie "fight" through their tweet.
justin tweet about bram : https://twitter.com/justinsuntron/status/1311617788725719040?s=20
bram tweet aboout justin : https://twitter.com/bramcohen/status/1311700897114673152?s=20

bram was in "angry bird" mode at that time i suppose.

So what is Bram after here?

He's got the money I guess whenhe sold it, I don't think Sun scammed him for the acquisition of Bittorrent.  After it, the BTT tokens now just depend to the market already. BTT as far as I know spiked lately because its among of the tokens to be staked for receiving SUN tokens too.

TRX circulation is often questioned but I think most of the TRX are being staked for dividends actually. Its those heavy traders like the people on Doge that are really suppressing the price down despite all the dapps under TRON.

[CucakRowo]

-snip-

Me either. I dont think would sacrifice his reputation for a trifle like this. Justin has more than enough resources to pay the last payment for btt acquisition. Apart from that, we should remember this. Justin definitely doesn't want to lose his "charm". He's like a king in trx community. 

[zasad@]

TRON  has many advantages:
Free transactions, if you have reached the daily limit, then the cost of the rest will be inexpensive.
Withdrawal fee from the exchange: 1 TRON
Convenient tronlink wallet that works with ledger immediately. On metamask, you first need to create a new wallet, and then connect a ledger to it (I don't like that)
Relatively stable coin price over the past year.

The coin has the potential to rise in price, so you should definitely keep TRON in your portfolio

[gwdf1]

Tron has been consistently exceeding the expectations and developing new dapps as well increasing the user base in the network. The future looks good for tron.

TRON is a very good coin, and recently it managed to become even more popular due to a funny accident. It was announced that the number of TRON users reached 10 billion. Later, it was informed that the real number is 10 million, and it was a mistake. However, this information attracted attention to the crypto.

[rajakulam]

If you look at the current development of TRON, in my opinion, it is quite good, because more and more markets are available for transactions with TRON so that more investors are interested in investing in it.