Blitzboy
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June 28, 2023, 10:24:12 AM |
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Justin Sun and his team tried to build an algorithmic stable coin like Terra with LUNA and UST. With same technical structure, I feel bit red flag for TRON in future. After the attack and death spiral on LUNA and UST, TRON and USDD were attacked too. Fortunately Justin Sun is rich and the marketcap of USDD was small so he can help to protect the stablecoin peg. I am unsure that in future when TRON and USDD become bigger in marketcap, what will happen with them.
USDD is just another clone of UST (Terra/LUNA's failed stablecoin). Justin Sun literally copies other projects' ideas and tries to bring it to the TRON blockchain. There's no originality or innovation here. I guess that's why demand for TRX is so low compared to other cryptocurrencies being traded across exchanges today. The TRON blockchain is fast and cheap for daily payments, but other chains have better features and dApps that are true quality. TRON's own algorithmic stablecoin (USDD) might fail in the future if TRX dumps real hard. It's "miracle" TRON is still alive after the rise of other smart contract Blockchains. If trading for TRX continues, it may last for quite some time. Who knows what the future holds for the project? Just my opinion ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) A scarcity of fresh features can slow a project, especially in the breakneck blockchain world. While TRON has speedy, affordable transactions up its sleeve, it doesnt stand tall against blockchains with standout features. It’s like perpetually chasing, but never outpacing. Your speculation of USDD's risk if TRX tumbles drastically is a fair worry. It’s curious that TRON endures, even when eclipsed by superior smart contract blockchains. TRON's journey forward is a riddle, and its manoeuvre through these tumultuous crypto waves promises to be intriguing.
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Lamkuthang
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July 07, 2023, 09:31:01 AM |
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If things keep going south for TRON, then TRX would become another Dogecoin in the future. At least, TRX has high trading activity. As long as it's backed by exchanges, there should be nothing to worry about. Just my opinion ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) My view It is impossible to definitively predict whether Tron will be able to achieve the same level of success as Dogecoin or ADA or will it fade away over time. Yes. because The crypto market is very volatile, and the fate of any coin depends on many complex variables. I'm not denying, Tron is an established coin that continues to have a presence in the crypto space also Tron offers features such as reduced transaction fees and fast transactions, similar to those provided by Dogecoin and Cardano. However, the future of TRX is uncertain and depends on many factors. The future of Tron will be influenced by factors such as adoption, scalability, regulatory developments and community support.
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Abiky
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July 11, 2023, 05:45:36 PM |
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A scarcity of fresh features can slow a project, especially in the breakneck blockchain world. While TRON has speedy, affordable transactions up its sleeve, it doesnt stand tall against blockchains with standout features. It’s like perpetually chasing, but never outpacing.
Your speculation of USDD's risk if TRX tumbles drastically is a fair worry. It’s curious that TRON endures, even when eclipsed by superior smart contract blockchains. TRON's journey forward is a riddle, and its manoeuvre through these tumultuous crypto waves promises to be intriguing.
TRON is available on a wide variety of exchanges. I guess that's an advantage it has among its more popular counterparts (except ETH). It's fast and cheap to use for day-to-day payments. Sometimes transactions are FREE if you have enough TRON Power accumulated in your wallet. If developers start building quality dApps on TRON, it would've surpassed Solana and BNB already. But everyone's focused on the big players because of the hype. As a matter of fact, competing chains are much more innovative than TRON itself. Fortunately, not all hope is lost. The TRON blockchain is open source, so it's easy enough to improve or build a new project (fork) out of it. As long as decentralization is put first, there should be nothing to worry about. Just my opinion ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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asawale
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July 16, 2023, 05:33:42 AM |
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Tron has been existing as far back as 2017 when it first launched on Ethereum network before it migrated to its mainnet. But it's total supply is too huge to have a growth recorded by chain that launched after it with limited low supply like Solana. Polygon MATIc with a total Supply of 10 Billion coins and huge utilities even finds it difficult to go above $3 let alone less used chain like TRON network with too huge supply.
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Godday
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July 16, 2023, 06:14:38 AM |
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I think it's nearly impossible. TRON is not as popular as DOGE but I think TRX is a good token because it is not a meme coin like DOGE. But DOGE's popularity is bigger than TRON. Not many exchanges use TRON and what stands out the most is that the max supply of TRON is very large, making it very difficult to increase prices.
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Abiky
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July 17, 2023, 04:15:16 PM |
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Tron has been existing as far back as 2017 when it first launched on Ethereum network before it migrated to its mainnet. But it's total supply is too huge to have a growth recorded by chain that launched after it with limited low supply like Solana. Polygon MATIc with a total Supply of 10 Billion coins and huge utilities even finds it difficult to go above $3 let alone less used chain like TRON network with too huge supply.
I think that's more of a feature than a bug. You see, a high supply helps keep market prices low. For a smart contracts platform such as TRON, this is ideal to encourage widespread use of dApps and tokens on the Blockchain. Otherwise, a high-priced TRX would make gas fees utterly-expensive. Consider how ETH is having trouble getting the attention it deserves because of the high gas fees. That's a result of limited scalability and high market prices. Despite TRON being abandoned by mainstream dApp developers (sort of), it's still useful for sending/receiving payments at a fraction of the cost. The chain is mainly used for stablecoin transactions and gambling. I don't think it will turn into another DOGE because it brings real use cases to the world. Who knows if someday the TRON project resurfaces as one of the main contenders of the ETH blockchain? Just my thoughts ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Mehedi72
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July 17, 2023, 09:03:23 PM |
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Some shitcoin somehow rank the top, tron is one of those. Inspite of top coin, tron is pure shitcoin. It has lots of facilities, blockchain, fast transaction with low fee and all facilities that a potential altcoin shoud have but inspite of that, it is shitcoin. No development, no progress. Just people including me, using tron network for low transaction fee. Otherwise it get vanished yet. Dont expect anything from it
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SaveOurSea
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July 18, 2023, 12:58:25 AM |
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I think it's nearly impossible. TRON is not as popular as DOGE but I think TRX is a good token because it is not a meme coin like DOGE. But DOGE's popularity is bigger than TRON. Not many exchanges use TRON and what stands out the most is that the max supply of TRON is very large, making it very difficult to increase prices.
For me it becomes an exception for Dogecoin even though it is a meme coin but I think Dogecoin has value, and related to TRON indeed it is one of the potential coins, hope that in the future there will be developments so that we can see the price of TRON increase.
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Abiky
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July 18, 2023, 06:20:06 PM |
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Some shitcoin somehow rank the top, tron is one of those. Inspite of top coin, tron is pure shitcoin. It has lots of facilities, blockchain, fast transaction with low fee and all facilities that a potential altcoin shoud have but inspite of that, it is shitcoin. No development, no progress. Just people including me, using tron network for low transaction fee. Otherwise it get vanished yet. Dont expect anything from it
It's the sad truth, my friend. TRON is nothing more than an abandoned chain in terms of development and innovation. It may have lower fees and faster confirmation times, but competing chains have better features and a wide array of dApps and tokens to choose from. I think TRX will end up turning into a speculative cryptocurrency unless developers step up to the game. It's possible market prices will remain below the $1 range for a long time. Probably forever. The tougher the competition, the less chance TRON will have towards becoming a big hit in the future. Maybe it's time to look for other alternatives? Just my thoughts ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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JahriMeayer
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July 21, 2023, 09:41:05 PM |
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It it wise to avoid tron without any future expectations. Cause it doesn’t have fuel to fly like doge or ada. When tron launched, people liked it a lot as it offered something that was need in that time but now a lots of coin have come in crypto market as tron's compitator and those are far better. Even more altcoins will come in future with more update but tron still standing where it was in past. So try to analysis with other potential altcoins
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bitkanu
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July 21, 2023, 11:04:16 PM |
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what is there something special about tron there is honestly nothing its only good for alternative of using stablecoin in my opinion and thats it. the fact that it could get lowest fee means the blockchain itself isn't that crowded so forget about becoming next doge or ada.
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Abiky
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July 26, 2023, 02:50:51 AM |
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It it wise to avoid tron without any future expectations. Cause it doesn’t have fuel to fly like doge or ada. When tron launched, people liked it a lot as it offered something that was need in that time but now a lots of coin have come in crypto market as tron's compitator and those are far better. Even more altcoins will come in future with more update but tron still standing where it was in past. So try to analysis with other potential altcoins
It was all hype since launch. Nothing innovative about the project, other than being a smart contract platform with DPoS as its consensus mechanism. It's like a combination of both ETH and EOS. Justin Sun stopped shilling the project some time ago, so don't expect TRX to gain traction anytime soon. The cryptocurrency will only be used for stablecoin transactions and gambling. Stablecoins like USDT and USDJ have kept TRX afloat after all these years. If such stablecoins stop trading (especially USDT), it will be the end of TRON for good. I think it's time to focus on other projects that bring real value (utility) to the world. Both ADA and BNB are better alternatives, so why not choose them over TRX for all things "De-Fi"? Just my opinion ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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ananyabushra
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July 28, 2023, 08:05:45 PM |
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There are a lot of controversies surrounding Justin Sun. Many people call him a scammer and make accusations. Because of this, I'm uncertain about how well Tron will do in the future. I'm not a fan of Justin Sun either.
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radjie
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July 28, 2023, 10:14:53 PM |
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Tron is exceptionally old coin, still has a place to beat coin in crypto field. It is intensely utilized to diminish exchange expense conjointly for quick transactions. It has many comparative qualities that doge or ada has. Indeed i think it has everything to Attain victory like others do but it still moo by its cost. So what do you think approximately this coin. It could have way better future like doge, ada? Or it'll be vanished with the stream of time?
Usually this type of coin has always been an alternative choice for many people because it has the advantage of being able to overcome the problem of high transaction fees, it is impossible to just disappear because Tron's trading volume is quite high. However, there is still a lot for the developer to improve to reach his new ATH, to become more popular like Dogecoin being controlled by someone influential can increase its popularity.
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lalabotax
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July 28, 2023, 10:21:57 PM |
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It's the sad truth, my friend. TRON is nothing more than an abandoned chain in terms of development and innovation. It may have lower fees and faster confirmation times, but competing chains have better features and a wide array of dApps and tokens to choose from. I think TRX will end up turning into a speculative cryptocurrency unless developers step up to the game. It's possible market prices will remain below the $1 range for a long time. Probably forever.
Ah, actually Tron is a project with real potential, even in the past the network on Tron could actually become a rival to the Ethereum network because of lower transaction fees. But unfortunately, it seems there is no significant development like other similar projects. Not only on the project but also on the price in the market. Even today, his name is starting to really fade. I don't know what Justin Sun was thinking, he seemed to just let Tron go. Even though he had time to develop Tron to be better, the various pros and cons made his business not so real. even like less mas=maximum. I still have TRX saved from the old bullish era, because I think it will go up significantly like other coins' prices. But in fact it did not happen.
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JeffBrad12
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July 28, 2023, 11:44:43 PM |
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Tron is exceptionally old coin, still has a place to beat coin in crypto field. It is intensely utilized to diminish exchange expense conjointly for quick transactions. It has many comparative qualities that doge or ada has. Indeed i think it has everything to Attain victory like others do but it still moo by its cost. So what do you think approximately this coin. It could have way better future like doge, ada? Or it'll be vanished with the stream of time?
Usually this type of coin has always been an alternative choice for many people because it has the advantage of being able to overcome the problem of high transaction fees, it is impossible to just disappear because Tron's trading volume is quite high. However, there is still a lot for the developer to improve to reach his new ATH, to become more popular like Dogecoin being controlled by someone influential can increase its popularity. i just think that it will be alternative and will always be alternative in facing the current gas fee problems that ethereum having, there's no more frequent development of dapps in this blockchain. its mostly just being used for stablecoin and thats it. however, things might change but seeing the fact that there has been quite many blockchain being released out there, means that it will be difficult future for this coin overall. the fact that the fee in this blockchain is low could only means that its not chosen by that much people.
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Pithaxz
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August 25, 2023, 09:25:23 PM |
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yes,Tron, Doge, and ADA are have been in the market for so long and it finds no similarities they have that we compared to each other. And besides, they have their own platform and have currently been used by the traders/investors. May they have low transaction fees that some traders are often to use this (even me) for withdrawals than using ETH.
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usekevin
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August 25, 2023, 10:00:57 PM |
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Tron was the oldest project as like the Ethereum,So comparing with Doge or ADA was not the right option.Before the tron uses the Ethereum network for the transaction,now the tron was the network for the strongest crypto project USDT.So the demand for tron will exist till the USDT.The USDT will not be replaced by any coin,because usdt was the digital USD and many people using it as like huge holdings of USD in fiat.Maybe the ADA and Matic was the strongest project,but the tron had their own investors since 2017 and nearly 7 years.
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shinratensei_
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August 26, 2023, 12:17:28 AM |
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There are a lot of controversies surrounding Justin Sun. Many people call him a scammer and make accusations. Because of this, I'm uncertain about how well Tron will do in the future. I'm not a fan of Justin Sun either.
i would definitely abandon the coin for investment if i were someone that holds tron, this coin beyond saving since the competition are too fierce in general. you just could figure out that everyone consider this coin just for alternative, nothing more and mostly its because its low gas fee which of course due to the fact that its also low in term of traffic. but nowadays people are already ditching and moving towards optimism and arbitrum i'd say this coin is just waiting for its demise, until it totally getting forgotten just like how some coins before that reached ath and ranked among top 10 now succumb into the rank below 100, thats just how it is and considering the lack of development that this blockchain have totally speaks for itself.
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Abiky
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August 28, 2023, 02:50:18 AM |
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There are a lot of controversies surrounding Justin Sun. Many people call him a scammer and make accusations. Because of this, I'm uncertain about how well Tron will do in the future. I'm not a fan of Justin Sun either.
He sure knows how to shill a project for his own benefit. That's all he ever did with TRON. It was said that TRON was a clone of the Ethereum blockchain. Even the TRON whitepaper was exactly the same as Ethereum's. That was before Vitalik Buterin accused Justin Sun of "plagarism". I guess that's why TRX didn't have much traction in the beginning. It's struggling to reach $1 right now, even though Justin Sun is no longer involved in the project. While TRX is still useful for stablecoin transfers at a fraction of the cost, I wouldn't recommend investing into it for the long term. It might become another DOGE if developers don't come up with something innovative that would impress the masses. Who knows if TRX will no longer exist in the future? Just my thoughts ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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