TRON is bad coin, here is why

[mich]

Well we can think this Tron is a bad coin. But Tron founder Justin Sun now is wanting to buy $2.3 Billion of Bitcoin seized by the German government.

He did say he does want to do this off market so it can minimize the impact on the market. https://finance.yahoo.com/news/justin-sun-offers-buy-germanys-071805008.html

[Abiky]

I guess Tron is among the worst coins in the market, which I will never include to my altcoins investment because is not pumping the way ETH and SOL is pumping in the market, and those that invested in Tron are still experiencing some challenges in their hodling.

Even though you want to be part of Tron investors, try to invest small money and hodl it for some years, then you will know that Tron reward is very small compare to ETH, which is the second position among other cryptocurrencies in the market.

Assume Tron is fully decentralized, it would have be giving their investors the opportunity to improve like ETH investors because once the price of BTC is rising from the market, ETH price will be rising too for their investors to know the season has come.

If you want to earn more by "hodling" TRX, I'd suggest you vote for super representatives (another word for validators) who'll give you a share of their block reward income. Staked.us is one of them. I understand TRX is not as overhyped as SOL or ETH are, but that doesn't mean "it's the end of the world". TRX has a high trading volume and a large number of exchanges supporting it. Market metrics tells us the coin isn't going anywhere soon.

With Justin Sun's announcement of "gasless stablecoin transactions" on TRON, we should expect mainstream adoption to increase like never before. Price-wise, I don't think TRX will "pump" that much because of the huge circulating supply. At least, the Blockchain is useful. The project is "decentralized" and open source. So what can go wrong?

[betswift]

A good point is to say that not many coins can even come close to ETH in utility / price department. So to say that Tron is failing only because it doesn't surpass ETH - is foolish. It won't pump like a meme, it's also not hyped like a rocket to the moon, but it's still the choice of everyone what to do with it - somebody may like it because of it's utility or reason of it's existince, somebody will despise it for same reasons.

[marlo1001]

One year after we still see how popular is tron. It's useful due it cheaper fees and energy staking for everyday use

[capinacosta]

I guess Tron is among the worst coins in the market, which I will never include to my altcoins investment because is not pumping the way ETH and SOL is pumping in the market, and those that invested in Tron are still experiencing some challenges in their hodling.

Even though you want to be part of Tron investors, try to invest small money and hodl it for some years, then you will know that Tron reward is very small compare to ETH, which is the second position among other cryptocurrencies in the market.

Assume Tron is fully decentralized, it would have be giving their investors the opportunity to improve like ETH investors because once the price of BTC is rising from the market, ETH price will be rising too for their investors to know the season has come.

If you want to earn more by "hodling" TRX, I'd suggest you vote for super representatives (another word for validators) who'll give you a share of their block reward income. Staked.us is one of them. I understand TRX is not as overhyped as SOL or ETH are, but that doesn't mean "it's the end of the world". TRX has a high trading volume and a large number of exchanges supporting it. Market metrics tells us the coin isn't going anywhere soon.

With Justin Sun's announcement of "gasless stablecoin transactions" on TRON, we should expect mainstream adoption to increase like never before. Price-wise, I don't think TRX will "pump" that much because of the huge circulating supply. At least, the Blockchain is useful. The project is "decentralized" and open source. So what can go wrong?

Thanks for sharing your thoughts! I completely agree with you that TRX is often underestimated compared to other coins like SOL or ETH. The fact that TRON has maintained a high trading volume and strong exchange support shows that it's a solid player in the market.

The idea of voting for super representatives to earn more TRX rewards is a great tip. It's a smart way to make your TRX work for you while supporting the network.

Regarding the "gasless stablecoin transactions," I’m really excited about that, too. It could be a game-changer for mainstream adoption, making TRON even more attractive for both users and developers.

While TRX might not see a massive price surge due to its large supply, its utility and the ongoing developments in the TRON ecosystem keep it relevant and valuable. All in all, I think TRON has a promising future.

[betswift]

One year after we still see how popular is tron. It's useful due it cheaper fees and energy staking for everyday use

It's TPS also looks pretty. Much prettier than the one on ETH chain, at least

[Abiky]

Thanks for sharing your thoughts! I completely agree with you that TRX is often underestimated compared to other coins like SOL or ETH. The fact that TRON has maintained a high trading volume and strong exchange support shows that it's a solid player in the market.

The idea of voting for super representatives to earn more TRX rewards is a great tip. It's a smart way to make your TRX work for you while supporting the network.

Regarding the "gasless stablecoin transactions," I’m really excited about that, too. It could be a game-changer for mainstream adoption, making TRON even more attractive for both users and developers.

While TRX might not see a massive price surge due to its large supply, its utility and the ongoing developments in the TRON ecosystem keep it relevant and valuable. All in all, I think TRON has a promising future.

There are many other ways to make money with TRX (liquidity pools, lending, staking STRX, etc). You don't need to wait for market prices to "pump" in order to make a ROI. The thing about TRON is that it's often overlooked by investors because it's not as overhyped as Solana or even ETH. Many in the crypto community hate Justin Sun for obvious reasons. But that doesn't mean the project itself is not worth the investment. You'd need to consider the level of liquidity a crypto coin has, how active development is, and which exchanges are supporting it to make your move.

So far, TRX has many trading pairs listed on almost every crypto exchange you can imagine. The TRON blockchain itself is fast and cheap to use. That makes it a winner in my book. Assuming it doesn't turn utterly-centralized in the long run. As long as the community is in-charge, nothing else matters. Who knows what surprises we'll find in the future?

[mich]

I did read some news about Justin Sun. I do not know if this will help us see alot of gains for this token.
He is now the prime minister of a Bitcoin micronation called Liberland
https://www.dlnews.com/articles/people-culture/tron-founder-justin-sun-elected-prime-minister-of-liberland/

[Abiky]

I did read some news about Justin Sun. I do not know if this will help us see alot of gains for this token.
He is now the prime minister of a Bitcoin micronation called Liberland
https://www.dlnews.com/articles/people-culture/tron-founder-justin-sun-elected-prime-minister-of-liberland/

Good for him. As far as I know, he left the TRON project quite some time ago. So it doesn't matter what happens with him. The project is in the hands of the community, and should stay that way for its own good. Justin Sun's departure should make TRON look more decentralized than ETH. The latter is still tied to Vitalik Buterin. Now that Justin became the Prime Minister of Liberland, he can propose the migration of the country's currency into the TRON blockchain itself. It would greatly benefit TRX in terms of market price and mainstream adoption/demand.

While TRON isn't as popular as other chains, it's still the top choice for stablecoin transactions. I'm hoping developers bring something new to the table, just to make TRX shine among its competitors. SOL is eating TRX's cake with the "meme" coins hype and all. It's also faster and cheaper to use (if I'm not wrong). Without innovation, TRON will just become another "meme" coin like Dogecoin and Terra Classic. It's an uncertain future, so I'd hope for the best.

[mich]

Well now Justin Sun did just become the biggest investor for Donald Trumps new coin. It is called World Liberty Financial tokens and he did invest $30 Million in it.

And now Tron is the biggest investor in this project. https://www.bnnbloomberg.ca/business/company-news/2024/11/25/trump-crypto-project-gets-30-million-investment-from-justin-sun/

[Abiky]

Well now Justin Sun did just become the biggest investor for Donald Trumps new coin. It is called World Liberty Financial tokens and he did invest $30 Million in it.

And now Tron is the biggest investor in this project. https://www.bnnbloomberg.ca/business/company-news/2024/11/25/trump-crypto-project-gets-30-million-investment-from-justin-sun/

Why do you think he made such a move? To put TRON in a good place with the upcoming administration. Maybe TRON will grow at unpredecented levels within the next 4 years? Only time will tell. With a pro-crypto administration in the US, anything's possible. While Justin Sun left the TRON project a while ago, he still has some influence over it. Same way as Binance's CZ. So anything Sun does, will have a direct impact over TRX's market prices.

It's yet the day where TRX is below $1. Without hype, I don't see it going anywhere. Solana and "meme" coins is where the money is. People just haven't realized TRON's true benefits yet. Just buy, "hodl", and forget about the rest.