TRX/USDT Uptrend

5 באפר׳ 2021

TRX seems to be in a big uptrend right now. Some possible reasons for this is Tron releasing their NFT protocols. With a large userbase in China, Tron has great potential to compete with the likes of ETH in my opinion, especially with low transaction fees and a relatively uncongested network compared to ETH. I am invested in TRON since around the .05-.10 range while increasing my position in the past month or so. Even if TRX stays at a stagnant price, the coin is stake-able with 5%+ returns on your staked TRX per year. I believe Tron is a good investment for the long term with upside potential past $0.15, and even past it's ATH of around $0.216.

Although we are in a serious pump up right now which may have a reasonable pullback, I ultimately believe in the long term value of TRX.

Comment your thoughts on TRX I would love to discuss!