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Author Topic: Tron New ATH  (Read 305 times)
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December 04, 2024, 02:06:30 PM
 #1

I want to say congrats for all the TRON holders, we say a new ATH hitting $0.44/coin, which is really nice, we are talking about +90% in the past 3 days.

For those who don't know about Tron, let me give a short introduction.

* Tron is fast, it's transactions are confirmed in less than 1 minute
* Tron has smart contracts just line BNB or ETH
* Tron has its own stablecoin in USD better known as USDT - TRC20

So, the coin have it all, and used to be cheap as hell, but looks like the whales realize it's potential and decide to go big with it.
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December 04, 2024, 02:15:42 PM
 #2

I really didn't expect Tron (TRX) to reach such a high ATH, making me continue to monitor the price movements of this coin since last night. I heard that the main cause of this price increase is the increasing adoption because many meme projects are present in their ecosystem, is that true?

R


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December 04, 2024, 02:39:27 PM
 #3

I really didn't expect Tron (TRX) to reach such a high ATH, making me continue to monitor the price movements of this coin since last night. I heard that the main cause of this price increase is the increasing adoption because many meme projects are present in their ecosystem, is that true?

That’s been a long time coming for TRON, as it didn’t really benefit much from the last bull runs. IIRC, it pumped in 2017, but since then, it’s struggled to keep up with the momentum of the following bull cycles. I think Justin Sun’s marketing stunt, like a $6.2 million banana if you have read the news, might have played a role in this recent pump. Otherwise, I haven’t seen any major news that would justify such a big jump. Unless, of course, we’re already deep into altcoin season, where coins start pumping without needing much hype to get things going.

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December 04, 2024, 03:55:45 PM
 #4

I want to say congrats for all the TRON holders, we say a new ATH hitting $0.44/coin, which is really nice, we are talking about +90% in the past 3 days.
I remember last year or last two years that Tron was ten times lower than the all-time high. I was surprised to see it yesterday to have increased more than 10 times. But after the coin got to all-time high, it started to fall. It has fallen 1.25 times after it got to all-time high.

But my disappointment about altcoins is how they will increase and fall back to where they increased from. Maybe Tron is going to be different but I am doubting it.

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December 04, 2024, 04:42:13 PM
 #5

Not many of us expected Tron to reach the new all-time high of 0.44 because the token has suffered a lot of attention lately because of the network's new exposure to the global market, and the market forces trying to push the token to the bearest minimum price in recent time's, this is somewhat a big lump up movement for Tron and as a matter of fact an unexpected price benchmark to someone like me I never did believe that Tron could reach such market height in this short period.
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December 04, 2024, 04:47:46 PM
 #6

There isn't news about TRON but it's pumping yesterday. Quite random but so is the BNB today that touches a new ATH at around $750. The top altcoins have been climbing since Nov this year, I guess it's not surprising anymore because this is a bull run already.

* Tron has its own stablecoin in USD better known as USDT - TRC20

In short, every L1 token can potentially go 100X whenever there is stablecoin with them. This is also the reason why XRP has been going well recently because of their RLUSD that is to be launched next week.

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December 04, 2024, 05:02:16 PM
 #7

Tron made ATH, recently unexpected coins are reaching their highest levels, most of them are Asian coins, coins whose names were popular in the past.
The same entries can be made to the projects on the Tron network, again, I would say evaluate your risk situation and then invest.
The Tron network has some nice advantages, you can provide cheap transactions and it is fast. It is also necessary to follow coins like Bittorent and just right now.

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December 04, 2024, 05:34:25 PM
 #8

Tron is up 14% today, not bad at all. Bitcoin is consolidating are a big pump in November. Seems like it is the turn of some Alts to run right now. Obviously XRP is flying but lots of others are doing well. Don’t forget to take profits though. I will be rotating some of my profit from Altcoins straight back into Bitcoin soon.
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December 04, 2024, 06:03:18 PM
 #9

Tron is up 14% today, not bad at all. Bitcoin is consolidating are a big pump in November. Seems like it is the turn of some Alts to run right now. Obviously XRP is flying but lots of others are doing well. Don’t forget to take profits though. I will be rotating some of my profit from Altcoins straight back into Bitcoin soon.
Some will say that we are in altcoin season. While Bitcoin is taking a break, the altcoins have time to perform their own pump for the little time.
 
Both BNB and other major altcoins are really surprising me with their price these few days. Whatever is pushing them, it's a good one. As for Tron, it's good to see it move this way, but I still consider Tron price to be undervalued if you ask me, considering what it has to offer.

 
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December 04, 2024, 06:47:14 PM
 #10

I considered TRX to be a stablecoin as there has been no upside over the past few years but this time it has unexpectedly reached ATH with its high peak.

Do any of you believe that TRX can reach ATH? I didn't think so before.

Although TRX has almost everything but the ecosystem is still quite quiet unlike other coins, but don't know if it's because of the effect of Justin Sun eating a 6 million banana?

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December 04, 2024, 11:27:02 PM
 #11

but looks like the whales realize it's potential and decide to go big with it.
Everyone realized it when Justin Sun purchased the $6.2M banana and I think what triggered most was when he ate it.  Tongue

I considered TRX to be a stablecoin as there has been no upside over the past few years but this time it has unexpectedly reached ATH with its high peak.

Do any of you believe that TRX can reach ATH? I didn't think so before.
Just as me, I don't think that it's significant and didn't moved at all. So, with TRX and XRP moving all along for this season, it took them time to have some crazy move in a short period of time. And those that have held it for so long, congratulations. Take your money and continue watching the market.

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December 05, 2024, 03:16:58 AM
 #12

I guess the reason why TRON performing so well is partly because justin sun's effort in cultivating the blockchain, he just doing non stop marketing and always deploying new things to the blockchain also following every trend to make it stays relevant.
which definitely something I like about the project, compare it to other project around the same FDV where they just let their blockchain be and just stagnating with next to no innovation.

moreover, it seems he also comitted to create more active ecosystem with the presence of USDD. but I expect BTC Dom to climb up fist before TRON making another rally to break new ATH because BTC just hit $102k Grin.

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December 05, 2024, 04:16:44 AM
 #13

I considered TRX to be a stablecoin as there has been no upside over the past few years but this time it has unexpectedly reached ATH with its high peak.

Do any of you believe that TRX can reach ATH? I didn't think so before.

Although TRX has almost everything but the ecosystem is still quite quiet unlike other coins, but don't know if it's because of the effect of Justin Sun eating a 6 million banana?

ecosystem is pretty active, they just scored ATH on their revenue just recently

https://www.msn.com/en-us/technology/blockchain/tron-sees-historic-21m-in-daily-revenue-amid-trx-dramatic-price-pump

i don't think it's that quiet, to be fair there are significantly more quieter blockchain out there that has around the same market valuation as TRX and current TRX pump is honestly justified.
so it's no wonder they just reached ATH.

though I'm pessimistic they can keep their ATH for long, it seems the sell pressure is quite huge.

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December 06, 2024, 10:33:33 AM
 #14

I want to say congrats for all the TRON holders, we say a new ATH hitting $0.44/coin, which is really nice, we are talking about +90% in the past 3 days.

I still remember the discussion that we had in the forum about TRX's price in the future. I remember a lot of us used to say that the supply of coins is so big that TRX might never go beyond $0.05. Come 2024 and after following the price last year I feel TRX might well reach $0.50 in coming months.


For those who don't know about Tron, let me give a short introduction.

* Tron is fast, it's transactions are confirmed in less than 1 minute
* Tron has smart contracts just line BNB or ETH
* Tron has its own stablecoin in USD better known as USDT - TRC20

[1] Tron is fast, I agree with your point here but the biggest UPS (Unique Selling Proposition) about this blockchain is that it is never congested like others.
[2] They have smart contracts as you said like BNB & ETH but they do not have an ecosystem big enough to counter both of them.
[3] Sorry, Tron does not have their stablecoin but Tether uses Tron blockchain for its stablecoin which we know as USDT.

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December 06, 2024, 10:47:38 AM
 #15

Tron is a good coin and during the sudden rise of bitcoin gas fee, Ethereum gas fee. Tron was the alternative means of payment couples with LTC then before the birth of BNB if am not mistakenly, Trx is not just a short term project rather a long term project and anyone who is holding this coin should be more patient as Trx could likely hits 1$ to 4$ in couples of years to come. Reaching .44$ is a thing worth celebration as tron has been stagnated in few spots unlike LTC.
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December 06, 2024, 12:26:00 PM
 #16

So, the coin have it all, and used to be cheap as hell, but looks like the whales realize it's potential and decide to go big with it.
Since the first TRX existed I have liked this coin, its growth is very healthy and good for long-term investment. And in terms of transactions Tron has never had any problems, they are always the fastest, low cost and I don't think anyone hates this one coin. Friendly to anyone even I gamble still using Tron as my favorite deposit option. $1 can Tron penetrate, I am optimistic about that target.

 
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December 06, 2024, 12:30:25 PM
 #17

I did not expect TRX to shoot up this much honestly. I always thought it was more of a stable coin. It also never had any problems and it seems like everyone in the community likes it. $1 TRON is in my opinion completely realistic.
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December 06, 2024, 01:30:41 PM
 #18

So, the coin have it all, and used to be cheap as hell, but looks like the whales realize it's potential and decide to go big with it.
Since the first TRX existed I have liked this coin, its growth is very healthy and good for long-term investment. And in terms of transactions Tron has never had any problems, they are always the fastest, low cost and I don't think anyone hates this one coin. Friendly to anyone even I gamble still using Tron as my favorite deposit option. $1 can Tron penetrate, I am optimistic about that target.
I use Tron only for transaction options because it is fast and costs less, while for long-term investment I have never done it, because from several years it has been quite slow in terms of increase, maybe in the current phase tron rose much higher, but not sure if it will touch $1.

Often Tron transactions are only for gambling because of the low cost in terms of casino withdrawals as well, so this coin is always widely used for gamblers by depositing using tron.

R


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December 06, 2024, 02:12:00 PM
 #19

Well, this Tron/Trx is also one of the ones I'm saving because there will also be a massive rally here in reality. What most people here don't expect, tron ​​will do for sure. We also know that it helps us a lot in terms of doing transactions when we convert our earnings to crypto thru the Tron network, right?

So I think it seems right that what I see is the possible price of this bull run that we are facing right now in Tron, actually, my expectations here are high, something that most of us here don't notice because they are busy with other crypto assets and meme coins with the hyped saw.

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December 06, 2024, 06:27:36 PM
 #20

I did not expect TRX to shoot up this much honestly. I always thought it was more of a stable coin. It also never had any problems and it seems like everyone in the community likes it. $1 TRON is in my opinion completely realistic.

TRX was just following L1 narratives. Almost all of L1 have been recording new ATHs, and it's the reason why TRX gets a sudden increase. It's one of my favorite blockchain, and very often used its to send USDT. I never expected that if TRX recorded new ATH in matter of days.

Holy shit this bullrun is crazy as hell. It's very possible for Tron to reach $1 as long as it's growing at the current rate. It seems we're still at the early run of bullrun.

I expect something crazy to happen with Tron soon. Hopefully, Justin Sun will come with the news Tron ETF.  Cheesy Cheesy

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..PLAY NOW..
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