Buy Tron Coin: Guess who is the biggest gainer in the top twenty-five coins in the past few days? It’s not BTC, ETC, LTC, or Cardano. After a 500% climb in a week and a consolidation, TRON’s again rising.
The growth is speculation driven, but then which one isn’t. This will be my only post on this coin because there’s no awareness of what it is. DYOR, don’t yield to FOMO and go all in. I”m not shilling this, but letting you know this is worth watching. For the record, I”m not adding any positions, but only holding on to what I have (since I have nothing to lose).
When I received an airdrop of TRONIX (TRX) in Liquid and Binance, I thought it was what one could call a ‘shitcoin’ – a title bestowed on the tons of worthless tokens flooding the crypto market with nothing more than a hurriedly written whitepaper and a tacky website. Which was why I exchanged my TRON lot in one exchange for tokens of Kyber Network (A recent ICO that I feel has potential).
Fast a few weeks, and I observed that TRX’s market capital has been steadily staying in the top 50.
But from December 12th to Dec 15th (today) the market capital for TRON went up from about $300M to $1.2B and TRON itself went from $0.005 to $0.02 – a rise of close to 300% in three days.
What is TRON?
TRON, as per their own admission, is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology.
The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.
In very simple words, it wants to showcase itself as a new kind of “distributed economy” in digital entertainment—including anything from streaming video to online gambling to social networks, where the users are the ones who own the economy.
TRON Forecast, 2018 Predictions – Should You Invest in TRON?
It’s a hard call, but going by the founder’s credentials and recent statements, TRON is looking for long-term big investors and if they succeed at that, the project could receive even more interest from the crypto community. There is also a lot of speculation about a possible partnership with Jack Ma’s Alibaba – the Chinese E-commerce giant and if this goes through, would be a major shot in the arm for TRON.
Irrespective of the speculation though, TRON is something you should keep on your radar and the numbers along suggest, there quite a few crypto whales who are betting big on TRON.