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Author Topic: Why most of trc20 tokens got flop or can't do well??  (Read 162 times)
Jonyshake71 (OP)
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August 21, 2021, 05:20:25 AM
 #1

I believe everyone here, know about TRON (TRX) coin very well. Tron has everything that needs to be a succesful parents of trc20 tokens. But i saw most of trc20 are full of shit, no noticeable volume and low demend. A very few trc20 tokens got succesful. What do you think,

why trc20 tokens can't do well in crypto field? What is the reason behind this and
Is there any possible in future that trc20 tokens will do better like erc20, bep20 tokens?
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August 21, 2021, 05:42:38 AM
 #2

Tron has everything that needs to be a succesful parents of trc20 tokens.
Does TRON directly affect the presence of the tokens? Extrapolating, does ETH directly affect the presence of its tokens? Neither it correct. Hence the statement is mistaken.

Quote
But i saw most of trc20 are full of shit, no noticeable volume and low demend.
One basic thing that is lacking among 99% of altcoin tokens and altcoins is that they lack intrinsic market making capability. They cannot generate a market of their own such that the demand keeps rising. This is possible for bitcoin, eth to do.

Quote
A very few trc20 tokens got succesful.
The first few I guess? Hype always favors the first few.

Quote
why trc20 tokens can't do well in crypto field? What is the reason behind this and
Is there any possible in future that trc20 tokens will do better like erc20, bep20 tokens?
The nature of the token does not determine its performance. If that was the case then so many variants would not have existed. The point is only that hype is the only factor running these tokens and bagholders should get this into their head.

Like I said above, the reason is clear, if the project does not have a method for holders to spend/use their token, the demand will never rise.

 
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August 21, 2021, 10:59:30 AM
 #3

The problem is that TRON never introduced a token bridge to Ethereum and other projects did. TRON died. Developers have moved to Fantom and NEAR protocol.
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August 21, 2021, 11:07:12 AM
 #4

Maybe it still hasn't reached the traction that you want in a project. There are many things to consider, knowing that it's not fully understood that it has its chain and tokens within it. I noticed it when some posts ask about a TRX address, and they will airdrop you something. So it may not have had any value at all, but that's just how it is here in crypto, right?

I think the best approach that they can do is to process NFT games and find how they can integrate them into the TRON network.

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August 21, 2021, 11:14:06 AM
 #5

the sentence "can't do well" is not quite right, because the tron network is quite good and feasible to use. the problem is the project that uses it. the average project was not successful. this is what makes the tron network considered less good. you can see tether, they use tron network too but they have no problem. so the problem here is with the project, not the network.

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August 21, 2021, 11:14:54 AM
 #6

yes I also see a lot of coins that are difficult to develop or even don't last long on the network (TRC20) and for me personally only use TRX for investment options and not with other altcoins (TRC-20). and my instinct is strong if TRX is the only decent coin compared to other TRC-20 coins. I'm still waiting (TRX) for the new ATH

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September 03, 2021, 11:45:02 PM
 #7

Bump (for today)
(I want to know more)


The problem with TRC20 tokens is that they are not interoperable. ERC20 and BEP20 tokens are both interoperable due to which both are in high demand. Tron foundation should work on it if they want their tokens to be adopted. You can read this topic, it might help you to understand more.

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September 04, 2021, 12:58:02 AM
 #8

I believe everyone here, know about TRON (TRX) coin very well. Tron has everything that needs to be a succesful parents of trc20 tokens. But i saw most of trc20 are full of shit, no noticeable volume and low demend. A very few trc20 tokens got succesful. What do you think,
Tron chain was very complicated to develop dapps, people are also preffering to use ethereum, BSC and matic chains instead of tron. It's also very complicated to understand.

why trc20 tokens can't do well in crypto field?
Just look at tron CEO, shilling his project so hard rather than increasing the capability for the tron platform to be evolved into a better version that can be used to develop various things like dapps.

What is the reason behind this
Lack of creativity, wasting to many resources for nothing, putting all of effort for the marketing only.


Is there any possible in future that trc20 tokens will do better like erc20, bep20 tokens?
there's no and never. ERC, BEP and Polygon assets were better than tron. The possible thing to create the second layer solution for ethereum and this will act like BSC.
Native tron chain will still become a native chain with the ability to bridge it like BEP chain to the BSC chain.
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September 04, 2021, 01:23:58 AM
 #9

For now, if you look at the position at https://coinmarketcap.com/ TRX is still ranked 25th and the price increase for TRX itself has not been too significant after the BTC correction last July. yes The increase in demand for daily transactions is one of the factors that trigger price increases or decreases.

My view for TRX is that it will reach its new ATH again by looking at the function and feature development of TRX itself where TRX can also be locked staked on Binance and earn 10% interest a year and the dominant crypto users do wd using TRX because it is fast and very affordable.

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September 04, 2021, 01:26:51 AM
 #10

I believe everyone here, know about TRON (TRX) coin very well. Tron has everything that needs to be a succesful parents of trc20 tokens. But i saw most of trc20 are full of shit, no noticeable volume and low demend. A very few trc20 tokens got succesful. What do you think,

why trc20 tokens can't do well in crypto field? What is the reason behind this and
Is there any possible in future that trc20 tokens will do better like erc20, bep20 tokens?
I don't see much relevance in your point. Perhaps you are confused about it, more accurately seeing the needs of users across platforms, whether they do as well as what you are thinking. I don't deny the things that the reproductive system is having, but I personally think that is not enough in this area, instead of just creating new coins to see if it brings any other value, some projects have also been very successful, and I think that is worthy of what this ecosystem has.

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September 04, 2021, 01:37:44 AM
 #11

Stablecoins are still very popular on Tron and seem to make up much of the volume. Besides that I would agree that they have mostly flopped. BTT had a lot of hype but it seems most people have forgotten about it. Justin Sun's main focus seems to be elsewhere. Tron smart contracts are written in Solidity which is something that developers of other blockchains are familiar with but for whatever reason they are not able to attract many interesting projects to build on Tron.

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September 04, 2021, 02:36:39 AM
 #12

why trc20 tokens can't do well in crypto field? What is the reason behind this and
Is there any possible in future that trc20 tokens will do better like erc20, bep20 tokens?
Since the defi hype and nft trending happened, I never hear any good trend on tron network about being developed well or any sign of massive break out. I think they are just not so active or joining the league. Not sure though, but Im sure the CEO is very active and obviously joining the bandwagon. But people liked already the new players that are dominating the market like avax, polygon, solana, and fantom.

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September 04, 2021, 03:12:47 AM
 #13

Tron has everything that needs to be a succesful parents of trc20 tokens.

Are you sure about this? I don't agree. Tron (TRX) is a shitcoin. It is a copycat. It is only popular because of marketing and hype. The truth is that it doesn't have anything to be really proud of. So if a shitcoin is to become a parent of other tokens, expect that all those tokens are also shit tokens because they come from a shitcoin. Justin Sun himself is saying that Tron (TRX) is a shitcoin. A project on top of Tron is already disadvantaged. It better be moved to another network.
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September 04, 2021, 03:51:03 PM
 #14

Not enough users on the main chain compared to its competitors is probably one of the main reason why most trc-20 tokens don't get traction. That could also mean the project is too weak or simply trash since it depends too much on the chain it's built on.
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September 04, 2021, 03:58:29 PM
 #15

I believe it's not TRON's fault. each project has its own development. an existing market can actually be built with a strong community.
it all depends on the strategy of the developer.
Besides, you shouldn't expect ERC and BEP20 projects to be spared the same problems you say. their quantity is different. because more and more projects are using the blockchain network, there is a high chance that they will end up being scammed.
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September 04, 2021, 04:30:07 PM
 #16

I believe everyone here, know about TRON (TRX) coin very well. Tron has everything that needs to be a succesful parents of trc20 tokens. But i saw most of trc20 are full of shit, no noticeable volume and low demend. A very few trc20 tokens got succesful. What do you think,

why trc20 tokens can't do well in crypto field? What is the reason behind this and
Is there any possible in future that trc20 tokens will do better like erc20, bep20 tokens?
Not listed on most of the exchanges so trading at our convenience will be less if they choose such tokens but its actually better blockchain compared to the ethereum meanwhile Binance smart Chain suppressed the growth of other blockchain tokens in the recent times due to hype created by Binance and BNB.
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September 04, 2021, 11:25:40 PM
 #17

I believe everyone here, know about TRON (TRX) coin very well. Tron has everything that needs to be a succesful parents of trc20 tokens. But i saw most of trc20 are full of shit, no noticeable volume and low demend. A very few trc20 tokens got succesful. What do you think,

why trc20 tokens can't do well in crypto field? What is the reason behind this and
Is there any possible in future that trc20 tokens will do better like erc20, bep20 tokens?

WINkLink,SUN,JUST I just saw some tokens which I think some people recognize, recently Happiness token is popular because the team did Airdrop during project launch and I think TRC20 token is working well, you can see some people doing transactions on the network Tron with Usdt, not all TRC20 tokens are popular but they are still developing and planning to bridge to other blockchains to be more known by the public

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September 05, 2021, 03:51:02 AM
 #18

It is not fair to link the fate of TRC-20 tokens to TRX. Because both are separate entities. TRX is not doing very well currently, but that has nothing to do with the TRC-20 chain. And more than 90% of the ERC-20 tokens also flop at the market, but I haven't seen anyone blaming Ethereum for that. And for ERC-20, the fee levels are like 100 times higher than that with TRC-20. But the advantage for ERC-20 is that the developers are very active (at last on paper), while TRC-20 has gone in to dormant mode.

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September 05, 2021, 04:05:43 AM
 #19

I believe everyone here, know about TRON (TRX) coin very well. Tron has everything that needs to be a succesful parents of trc20 tokens. But i saw most of trc20 are full of shit, no noticeable volume and low demend. A very few trc20 tokens got succesful. What do you think,

why trc20 tokens can't do well in crypto field? What is the reason behind this and
Is there any possible in future that trc20 tokens will do better like erc20, bep20 tokens?

This should be alarming for the Tron team, developers preferred using BSC and Ethereum they are left behind the race, on the top coin in the market they are one of the few that until now did not break their old records, their last old-time high was three years ago and we are in a bull run already but Tron is left behind.

I like using Tron because they are fast and cheap but I also want to make profit from HODLING them too.

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September 05, 2021, 05:18:34 AM
 #20

The main problem of TRC-20 is that they are not compatible with many popular platforms. I use Tron chain, but I don’t interact with it very closely as I haven’t found many interesting projects on this compared to Binance Smart Chain or Ethereum where there are a lot of new projects every day. I invest only in Tron and use the Tron chain only for payment as a really good feature of this chain is low fees.
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