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Author Topic: Some questions about the Tron coin.  (Read 220 times)
hack3rcon (OP)
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January 03, 2022, 10:43:23 AM
 #1

Hello,
What is wrong about the Tron coin? Why its price is low and how about its potential? Does it make sense to HODL it?


Thank you.
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January 03, 2022, 10:51:20 AM
 #2

Hello,
What is wrong about the Tron coin? Why its price is low and how about its potential? Does it make sense to HODL it?


Thank you.
There's nothing wrong with it.

Just check its supply, it is 100B and that means a lot for its valuation and pricing. I'm not holding it for investing but only for transactions since it's one of the quickest and cheapest.

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January 03, 2022, 12:03:59 PM
 #3

Hello,
What is wrong about the Tron coin? Why its price is low and how about its potential? Does it make sense to HODL it?


Thank you.
There's nothing wrong with it.

Just check its supply, it is 100B and that means a lot for its valuation and pricing. I'm not holding it for investing but only for transactions since it's one of the quickest and cheapest.

Hello,
Thank you so much for your reply.
What is your estimate about its price in the future?
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January 03, 2022, 12:35:12 PM
 #4

Actually, I think that Tron suffers from the lack of advertisement. Marketing is really important when there are so many competitors so I think that Tron should change its marketing strategy so that more people become aware of it.
As far as I concerned, I don't have too much tron so I can't call it like I invest in it, so if it pumps I don't get a huge profit, on the other hand, it will be pleasant, the main purpose to use tron for me is to pay commissions in tron chain.

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January 03, 2022, 05:09:16 PM
 #5

Hello,
What is wrong about the Tron coin? Why its price is low and how about its potential? Does it make sense to HODL it?


Thank you.
There's nothing wrong with it.

Just check its supply, it is 100B and that means a lot for its valuation and pricing. I'm not holding it for investing but only for transactions since it's one of the quickest and cheapest.

Hello,
Thank you so much for your reply.
What is your estimate about its price in the future?
I don't have any estimation for it.

I'll just leave it to the better speculators and predictors in the market for this coin. But if you want to have thoughts about it, look over for those threads that discusses about its future price.

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January 03, 2022, 05:32:38 PM
 #6

Hello,
What is wrong about the Tron coin? Why its price is low and how about its potential? Does it make sense to HODL it?


Thank you.

When Tron appeared on the market, was a very modern and perspective coin. It was technologically very well developed. Sure, it's still one of the best projects on the market, but in the meantime, better projects appear. In my opinion, Tron still has a chance to develop, but projects such as BNB, ADA or SOL just develop faster.

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January 03, 2022, 06:06:18 PM
 #7

Hello,
What is wrong about the Tron coin? Why its price is low and how about its potential? Does it make sense to HODL it?


Thank you.

Tron coin is among the best performing cryptocurrencies. It is innovative and its network has been developed. If you examine its transactions, you will find a large number of transactions that are broadcast daily. This is technically the case. As for the price movement, this is due to the buy and sell orders that affect the movement of the price path. If there is more demand than supply, its price will rise and vice versa.
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January 03, 2022, 06:16:05 PM
 #8

Hello,
What is wrong about the Tron coin? Why its price is low and how about its potential? Does it make sense to HODL it?


Thank you.

Tron surely lagged behind some other good performing coins. They are left behind in the defi and NFT boom even though they had a good headstart than most newer coins. I'd still like to hope they are still working behind the scene and some whales might be collecting and holding those coins for cheap. They have recipe for success as their nearly zero transaction fees would be useful in Defi and Dapps gaming, if executed well by the team and developers, they could be the next coin to moon.



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January 03, 2022, 10:36:09 PM
 #9

Personally I wont hold it at all but sure their network is the cheapest you can use to get your assets across and is fast enough unlike ETH so basically the reason it has so many users is just quick transactions and low gas fees and lets not forget is one of the legacy smart contracts to rival ETH and it didnt do a bad job at it at all I think the only problem was it lacks devs and the fancy NFTs vibes didnt get to it

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January 03, 2022, 10:58:49 PM
 #10

Actually, I think that Tron suffers from the lack of advertisement.
Are you being serious? Tron is not a start up that needs more marketing. It's probably more on people not seeing it as an investment vehicle despite all those issues and other marketing stunts pulled by Justin Sun. They still have a good volume of transactions so we can assume it's mostly used for fund transfers.

R


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January 04, 2022, 06:11:49 AM
 #11

What is wrong about the Tron coin?
Lack of demand as the result from the lack of utility of tron coin. So many dapps developers didn't wanna build their dapps in tron ecosystem and that forces so many parties migrating to the another blockchain like avalanche.



Why its price is low and how about its potential? Does it make sense to HODL it?
It's as a reflection from the demand that was leaving the market. People are preferring to sell their tron to be used to bought another tokens. You can see that how polygon as the new blockchain can surpass tron easily. It was also over performing tron in term of adoption by the developers. I thought that this gives you a small insight about what will be happening with the tron blockchain soon.

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January 04, 2022, 07:33:54 AM
 #12

Tron is just there with zero hype that's why it never surge much in bull market also developers choose new smart contract projects over Tron TRC20 network because I heard it sucks also Tron CEO isn't making the platform a easy place to be for new projects

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January 04, 2022, 11:11:02 AM
 #13

Hello,
What is wrong about the Tron coin? Why its price is low and how about its potential? Does it make sense to HODL it?


Thank you.
The price is low because the supply is also very large, and regarding the potential of TRX, I think it is still there but it is very difficult to grow rapidly. Especially after Justin Sun resigned from the position of CEO.

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January 04, 2022, 12:37:28 PM
 #14

Actually, I think that Tron suffers from the lack of advertisement. Marketing is really important when there are so many competitors so I think that Tron should change its marketing strategy so that more people become aware of it. As far as I concerned, I don't have too much tron so I can't call it like I invest in it, so if it pumps I don't get a huge profit, on the other hand, it will be pleasant, the main purpose to use tron for me is to pay commissions in tron chain.

The Tron platform is always associated with Justin Sun. And in the past years, he was so active and always on the news even picked up by the mainstream and crypto media but lately seems to me that he has stopped to be on the news compared to Vitalik Buterin. There was then supposed to be rivalry between him and Buterin but we know which side is winning right now. More than a year ago, I purchased 900 TRX for $90 and the value right now is just around $100...not a very attractive rate considering how many of its contemporaries made strong and solid strides in the market. I could not understand what happened to the marketing savviness of Justin Sun and his minions.  

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January 04, 2022, 01:11:32 PM
 #15

TRON seems to move slower than many other projects, regarding its price.
But, there still be room for more growth. I see it has more potential than other competitors thanks to its low transaction fees and fast confirmations.

Defi is here to explore the benefits of the TRC20 blockchain. New projects adopting TRON will surely help its price. I think Tron is one of those innovative technologies and helps Defi tokens like the new Ferox/frx one has more success.

Cheap and fast transactions are two important cues for crypto investors.

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January 04, 2022, 01:27:18 PM
 #16

Tron is a security coin I think is perfect for the long term. The problem is that these coins rarely get hype with very few communities of top projects usually making it difficult for trons to make a trend. However, I believe tron has good network security. Even transacting on the tron network is very cheap, we only wait if the tron manages to gather their large community.

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January 04, 2022, 03:09:20 PM
 #17

What is wrong about the Tron coin? Why its price is low and how about its potential? Does it make sense to HODL it?

Even when you're still calling this one is having a low price but tron seems over valued at this moment. Tron is only tied with USDT as a thing that was giving tron the demand to use the tron blockchain. I have been seeing that so many tron users are also starting to complaint about the tron blockchain fees. Talking about the potential this coin is having potential but im also seeing that less and less people talked or discussed about this blockchain. You can also see that in this sub section if this time majority of new discussion about the blockchain coin are dominated by the solana, avalanche and many more. I rarely seen people talking about tron coin anymore. Is that a sign if tron will be coming to its end? i meant the end of tron blockchain to be one of major cryptocurrency. It doesn't make sense to hodl this coin.



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January 04, 2022, 03:10:38 PM
 #18

for a long time to keep the advice is probably not very good.Here, of course, everyone decides how to do the right thing, I probably use it for fast and cheap transactions, as it is very convenient, payments go very fast, that's all the advantage.

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January 05, 2022, 07:58:54 AM
 #19

I have some reasons why tron's price very low today

1. Lack of utility
2. No defi on its blockchain that uses this just like so many defi on BSC chain. That makes tron has less demand.
3. People are thinking this blockchain is an expensive blockchain right now
4. All of product developers by child companies that bought by tron founder and team become failed product i.e BTT, Poloniex
5. The developers are very strict and they are making this public blockchain can be controlled by them. I see a project that refuses to work with the tron team and they got threatened.

So many bad things around this blockchain, tron explorer is also the worst explorer that i have ever seen in my life. It's having very very bad UI and is very complicated to understand. This project has no potential anymore. The competitor has done far better than this one.

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January 05, 2022, 10:45:26 PM
 #20

Tron is not doing badly from my perspective but it might not have performed as well as it's competitors in terms of profitability.
Tron price is also not too volatile, I think that because if it's huge supply and maybe the developers philosophy, Tron has not really pump like other coins but Tron is still good and in a way performs better than Litecoin, Digibyte and Dash.

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