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Wakate
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December 06, 2024, 07:22:02 PM |
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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.
Tron has really done exceptional and I have seen so many altcoins projects that is under the Tron blockchain doing well these days. I am hoping to see many memecoins that are using the the Tron blockchain to hit all time high too as time goes on. There are also many altcoins too that have done the same but this one is quite massive and those that are holding Tron and other projects under the Tron network are already in a huge profits currently. Crypto is king and we ought not to miss any opportunity of holding some altcoins that will earn us good profits.
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nelson4lov
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December 06, 2024, 10:59:35 PM |
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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.
What's even funny was that, when the entire market went to shit, TRX didn't drop like others. Price remained relatively stable. Imo, what brought attention back to TRX was their recent TRON memecoin szn even though it was short lived (~ 1-2 months), it brought attention back to the chain. That + their booming stablecoins economy was enough to bring it back to life. I thought TRX was like 10x away from ATH until I saw the news. Really awesome but surprising stuff.
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FinneysTrueVision
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December 07, 2024, 07:39:13 AM |
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A few days ago I saw a tweet where he was named as an advisor to Trump’s shitcoin project, after he made a $30 million investment. This bribe might be enough to make the SEC investigation into Justin Sun go away and that might be why investors are bullish on Tron. I imagine Justin made a nice profit from the pump, so the $30 million was a small price worth paying.
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Z_MBFM
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December 07, 2024, 12:32:55 PM |
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Tron suddenly pumped a lot. created new ATH at $0.45. Don't know how many users hold Trx. i use TRX for various tasks like asset withdrawal from exchange, gambling etc. The transaction fee of TRX is very low and we use TRX when withdrawing assets from an exchange because the withdrawal fee is 1 TRX in almost all exchanges. But now due to the increase in its price, the fee is becoming much higher in relation to the dollar. so increasing the price of TRX has some advantages and some disadvantages
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abramovf
Jr. Member
Offline
Activity: 32
Merit: 3
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December 07, 2024, 01:40:23 PM |
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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.
Who controls the reserves of USDT-trc20 ? Is the issue and release regulated by some authority ?
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Huppercase
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December 07, 2024, 08:04:21 PM |
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Tron suddenly pumped a lot. created new ATH at $0.45. Don't know how many users hold Trx. i use TRX for various tasks like asset withdrawal from exchange, gambling etc. The transaction fee of TRX is very low and we use TRX when withdrawing assets from an exchange because the withdrawal fee is 1 TRX in almost all exchanges. But now due to the increase in its price, the fee is becoming much higher in relation to the dollar. so increasing the price of TRX has some advantages and some disadvantages
I used Tron for transaction all the time, like the fees is very cheap that time but the trx demand has made the fees to be high, now I have to switch to Arbitrum. I think that over the years, Trx isn't adding up in price like other old coins, it could be that it's because gamers that the chain was built for has no time to look at them. It will be better ft Justin Sun can do good job to convince the new CEO ob how they can really takes the project like a ioldimg place. Instead of him lying to his self and making people thinks he meant well for the team, he went ahead of spend $6m on worthles bannana. It would have been better if he creates an initiative for this people so they can build on Tron network but he has been a more of jobless person despite having job, he stays on X platform to saying all sort of things that wouldn't make the project goes anywhere, he is now more of a meme type of person than Real sign.
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pakhitheboss
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December 08, 2024, 10:34:45 AM |
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Tron suddenly pumped a lot. created new ATH at $0.45. Don't know how many users hold Trx. i use TRX for various tasks like asset withdrawal from exchange, gambling etc. The transaction fee of TRX is very low and we use TRX when withdrawing assets from an exchange because the withdrawal fee is 1 TRX in almost all exchanges. But now due to the increase in its price, the fee is becoming much higher in relation to the dollar. so increasing the price of TRX has some advantages and some disadvantages
Due to cheap fees, faster transactions, and zero network congestion, a lot of us here use TRX for the same purpose as you do. There will be a few who might be using TRX for staking, those are the guys who will be benefiting from this pump. As usual, after a big pump, we are now witnessing profit booking at the moment. The fee is still lesser than all the other cryptocurrencies in the market it is still 0.1 TRX which is USD is far less than others.
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X-ray
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December 09, 2024, 02:34:01 AM |
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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?
not really, meme that make it to big exchange from tron is actually very few, the big meme from tron actually are just memes that get endorsed by justin sun like sundog, right now most of L1 are pumping because people rotating their money to L1 after getting big profit from memes. so it's no wonder that tron, with its extensive support of stablecoin and with all of its gimmick will reach all time high eventually. If we speak from its fundamental, tron always gonna get big support from justin sun and his exchanges, I guess this is what motivates most of people to move their money to tron as well. they want tron to have sudden pump just because it's owned by billionaire, despite of that I still think that tron is good enough investment though.
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Sanitough
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December 09, 2024, 09:24:15 AM |
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Due to cheap fees, faster transactions, and zero network congestion, a lot of us here use TRX for the same purpose as you do. There will be a few who might be using TRX for staking, those are the guys who will be benefiting from this pump. As usual, after a big pump, we are now witnessing profit booking at the moment. The fee is still lesser than all the other cryptocurrencies in the market it is still 0.1 TRX which is USD is far less than others.
TRX is definitely due for a pump, especially since its network is widely used for USDT transactions, thanks to its "cheap fees," as you mentioned. The picture below speaks for itself, showcasing just how popular the Tron network has become. https://okhlopkov.com/usdt-popularity-across-different-blockchains/
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seoincorporation (OP)
Legendary
Offline
Activity: 3612
Merit: 3343
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December 09, 2024, 02:21:19 PM |
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TRX is definitely due for a pump, especially since its network is widely used for USDT transactions, thanks to its "cheap fees," as you mentioned.
Here the thing are the transaction fees, if users want to move USDT on the ETH or the BNB chain, then the fees are crazy, we are talking about $30 for each transaction on ETH chain, which is a thief. Meanwhile, transactions in the Tron chain are really cheap and fast. The only problem is that some exchanges ask for a lot of confirmations to make those USDT valid, something like 50 or 80 confirmations. But that's not a problem at all.
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Baki202
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December 09, 2024, 07:18:04 PM |
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Due to cheap fees, faster transactions, and zero network congestion, a lot of us here use TRX for the same purpose as you do. There will be a few who might be using TRX for staking, those are the guys who will be benefiting from this pump. As usual, after a big pump, we are now witnessing profit booking at the moment. The fee is still lesser than all the other cryptocurrencies in the market it is still 0.1 TRX which is USD is far less than others.
Ton is another good network that I think is reliable because for some time now have been using ton and its network and I don't think have encountered any problem and looking at the ton coin it has prospects and it just looks so perfect to invest in, and if not now that you have to pay for transaction fee it is usually free and love the fact that they already have everything planned out, and there strategy worked, and there times that definitely you will experience congestion but it's not always and it is usually very normal because there are periods that even bitcoin experience congestion in network. And trx is becoming expensive gradually and this are more reasons why people are wanting to use ton network for there transactions, it's true does that would have staked because of the development in the market, i won't be surprised to see ton getting to 10 dollar the way things are currently happening in the market, how funny it was before trx but look at the difference in price, it's clear that ton is a better shot than trx.
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