TRON (TRX) Seeks To Go As Far As $3
Posted by HASSAAN MALIK
A week ago, TRON went live through its virtual machine, and thus emerged more bolstered in its new MainNet features. The developments have made Tron (TRX) blockchain independent from other crypto technologies such as Ethereum (ETH). Observers and investors predict that TRX promises to rise as far as the US $3. The question that remains is: Is it possible? That is subject to time.
The first reason for the expected rise in the emergence of Tron’s MainNet on the internet. The MainNet allows the development of both the TRX currency as well as the operations of the decentralized apps. TRON is, therefore, improving its platforms beyond other blockchain technologies regarding real-world value.
Then there is the leadership and acumen from Justin Sun, a respectable corporate leader in the crypto world. His first task was to change MainNet release date to May 2017. The move injected confidence into TRX’s marketability. It is also known that Mr. Sun is a friend to Mr. Ma of Alibaba. Their partnership brings in Alibaba, which would surely throw a great weight behind TRX and see it rise beyond $3.
The equation will be complete with TRX’s entry into the gaming industry such as Game.com. The billion dollar industry is a boost to the blockchain technology, creating limitless opportunities for the rise of TRON. Tron’s high supply guarantee its stability, compounded by TRX’s burning of coins, which serves to create a scarcity in the market. Such a strategy could probably throw its values beyond the roof in profits.
TRON’S (TRX) Compounded Developments
TRX is working on the development of the TRON Wallet Optimization (TWO) and the TRX App. Its virtual machine is also working as successfully as ideally planned. MainNet is also promising new features, and with all these achievements; its crypto community is growing as investors venture into this space.
The blockchain tech has created a ‘sure time’ for TRON to hit the moon. It is believed that this will happen when the market no longer uses the ECR20 as the preferential token. That eventuality is likely to happen on the 24th of June 2018. Even as the MainNet goes live, the benefits will be realized when the token is completely autonomous. That means TRX will gain autonomy by 24th June. ECR20 will remain behind (it is projected so) as experienced investors call on TRON. Keep tabs on its rise.
Having read TRON’S latest plans and projections, remember to remain patient as TRON picks up. The blockchain tech is experiencing bearish trend, yes, but TRX has borne with the harsh realities of the times. That is reasoning enough for you to hold on. It is altogether picking well. Given that MainNet is live and operating, you can look forward and bet on good returns.
