TRX didn't fail, it's just that there was no big promotion to raise the price, just imagine if a whale came in and pumped the price like what happened to Doge last time, it could happen at any time.
Actually TRX has met the requirements to be expensive, just look at almost all big and small markets already have TRX as their trading pair, so I think we are just waiting for the time when TRX will become high-priced.
Topic: About Tron (Read 337 times)
huge supply and lack of community support is the source of tron's problems. I agree tron is a project that can compete with ethereum because it has a very cheap trc20 network every transaction, easy to use and understand. I think tron is too focused on their platform, so it doesn't attach importance to growing their community which makes tron tend to have long price movements.
Huge Tron supply is a problem as you rightly pointed out because investors will take note of that when buying especially for a coin that has increased in price considerably over the years and people don't want to be a bag holder.But I think the major problem affecting the growth of Tron is it's adoption, you can't find too many good projects built on Tron when you compare it to Ethereum or even BSC, I don't know why that is the case but I'll put the blame solely on the development team, Tron ought to be in CMC top 10 and not where it is today.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20.. is Justin Sun to be blame for its failure?
Maybe it's because people's attention is focused on Ethereum, especially at that time. Many new projects are using Ethereum as their network. That is one of the reasons why Ethereum can rise and is still one of the favourite coins. Tron itself may be less aggressive in promoting and there are not many new projects that use the Tron network so Tron cannot compete with Ethereum. There's nothing wrong with Tron. Maybe it's just a matter of time because if a coin does have the potential to be big, it will surely attract many developers to build a project using the Tron network. 
huge supply and lack of community support is the source of tron's problems.
Supply didn't matter a lot in this case if you are seeing it from the marketcap from tron compared with another blockchain project like DOT or even Solana. Tron is less popular compared with those coins. I agree tron is a project that can compete with ethereum because it has a very cheap trc20 network every transaction, easy to use and understand.
Is not it another blockchain was also offering the same thing? Just because it was offering cheap tx fees. I think that many new platforms have been doing the same thing but why do those new platform even more popular compared with tron? there might be something wrong with it. I think the problem will be on the lack of usability of tron on dapps. I think tron is too focused on their platform, so it doesn't attach importance to growing their community which makes tron tend to have long price movements.
Almost all of developments that already done in the tron platforms have failed. 
In my opinion, the number of daily transactions as well as the large community of Tron users themselves also affect it. Not only that, investors need to be more selective in review at crypto assets in the future. There are many analyzes that will be seen. One of the considerations can be seen from the fundamentals and liquidity of the crypto asset itself.
If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20.. is Justin Sun to be blame for its failure?
Tron price still in few cent, coz of TRON huge supply. TRX supply more than 100 billion. And the TRX is now charging extra gas free. Which is reducing the use of Tron blockchain. For example I used to transact in Tron blockchain all the time and I used to use USDT of Tron blockchain but now I have stopped using it because of excess gas in Tron blockchain. This is exactly how the popularity of Tron Blockchain is declining day by day. And because of this the price of TRX tokens is not increasing much 
If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20.. is Justin Sun to be blame for its failure?
Tron blockchain was good for high speed transcation, low gas fee. Tron transcation is still faster but gas fee now too much. Which makes the TRX blockchain unusable. Trx was my fevourite chain for transfer USDT but i am also now avoid this Network for too much gas fee something like Ethereum Commissions in the network itself were generally a few tens of cents and about a dollar for TRC20.
If you compared TRC with ETH blockchain, where fees costs $30-60 per transaction, tron has very low gas price.
Many times used Tron without any problems. Everything is fast, without delay, low commissions and a huge number of exchanges where you can find the throne.
TRC20 is perhaps one of the most popular stablecoins, you can deposit and withdraw funds from any exchange.
If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20.. is Justin Sun to be blame for its failure?
No doubt that fee in tron is truly cheap. But projects are free to choose for their own networks and it's that there are projects that still rely on decentralized network of Ethereum. The co founder of tron even said that it's centralized and that's the reason that holds them back. Sun has already resigned or retired as the ceo of it.
If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20.. is Justin Sun to be blame for its failure?
Then are you expecting TRON price should increase as like as DOT,AVAX? TRON price at few cents because of it’s over 100 billion circulating supply where your mentioned coins are total supply is less than one billion. Some of few new projects in the top 10 ranking in CMC, they shows their strong development in the market. Still TRON is very popular network for it’s super faster transaction and also lower fees. 
If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20.. is Justin Sun to be blame for its failure?
Justin is not to blame, altho his actions didn't exactly help. The thing is, for a chain to be a success, it needs to have an ecosystem.
Tron network would need to get loads of projects to build on them to have an active ecosystem
If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20.. is Justin Sun to be blame for its failure?
The price depends on the traders, what's important is that TRON is still listed in big exchanges and they have a good trading volume. Development is ongoing, maybe they are just lack of hype but for sure their time will come and TRON will pump like other coins that had their own run in the last bull run. I don't know if the exit of Justin Sun from TRON helped or not, but let's see.
https://www.coindesk.com/business/2021/12/17/justin-sun-is-retiring-from-tron-but-not-crypto/
huge supply and lack of community support is the source of tron's problems. I agree tron is a project that can compete with ethereum because it has a very cheap trc20 network every transaction, easy to use and understand. I think tron is too focused on their platform, so it doesn't attach importance to growing their community which makes tron tend to have long price movements.
If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20.. is Justin Sun to be blame for its failure?
The price depends on the traders, what's important is that TRON is still listed in big exchanges and they have a good trading volume. Development is ongoing, maybe they are just lack of hype but for sure their time will come and TRON will pump like other coins that had their own run in the last bull run. I don't know if the exit of Justin Sun from TRON helped or not, but let's see.
https://www.coindesk.com/business/2021/12/17/justin-sun-is-retiring-from-tron-but-not-crypto/
TRON is a decentralized open-source blockchain-based operating system with smart contract functionality, proof-of-ownership principles as its consensus algorithm, and the system's native cryptocurrency, known as Tronix (TRX). It was founded in March 2014 by Justin Sun and since 2017 is overseen and supervised by the TRON Foundation, a non-profit organization in Singapore, which was founded in the same year. It was originally an ERC-20-based Ethereum token, which switched its protocol to its own blockchain in 2018.
https://en.m.wikipedia.org/wiki/Tron_(cryptocurrency)
https://en.m.wikipedia.org/wiki/Tron_(cryptocurrency)
If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20.. is Justin Sun to be blame for its failure?
Tron blockchain was good for high speed transcation, low gas fee. Tron transcation is still faster but gas fee now too much. Which makes the TRX blockchain unusable. Trx was my fevourite chain for transfer USDT but i am also now avoid this Network for too much gas fee something like Ethereum If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20.. is Justin Sun to be blame for its failure?
That's what I am wondering too. Same with matic and matic is a good alternative to eth too but why its value is still tiny just like in tron? Tron and matic are the same when it comes to value so I wont say that matic is better than in tron but maybe there are a little bit more projects on matic than in tron based on my observation.While tron is being used the most when it comes to payment purposes like in gambling sites they always have a tron coin on them but I rarely see that they list matic . Matic's and tron's cheap value could be related to their number of supply. Not familiar to their supply but maybe it was higher than on what eth have. Aside from supply other factors are in play too. Like popularity, coin's age and many more....
If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20.. is Justin Sun to be blame for its failure?
What failure about Tron? Look at the circulating supply man, its 100B and according to Coingecko its maximum supply is infinite, I don't know if this is updated. You cant compare it to coins like AVAX which supply is way low if the supply of Tron is same of matic or avax then its possible ranking in top 10 in MC. 
It's a good project as well mate but users are not too much reason it's now left behind. And you cannot compare it to any projects out there especially those have massive community because obviously tron(trc20)has no power to compete although it becomes more useful these day because of having small fees and the speed of transaction but it is what it is mate just accept the fact.
If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20.. is Justin Sun to be blame for its failure?
There is no need to be surprised to see Tron can not grow like the other coins or newcomers because I think the investors are more interested in the new projects that can have better things than Tron. So that may be the reason why Tron still does not grow while the other coins have already hit their new ATH and new coins or tokens can increase higher than Tron. We can not blame Justin Sun because that is not related to him and that is because the market movements and the demand of Tron are not too big to compare to the other coins. 
If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20.. is Justin Sun to be blame for its failure?
No doubt that fee in tron is truly cheap. But projects are free to choose for their own networks and it's that there are projects that still rely on decentralized network of Ethereum. The co founder of tron even said that it's centralized and that's the reason that holds them back. Sun has already resigned or retired as the ceo of it.
But the damage has already been done regardless Justin Sun has retired or left the Tron, TRX was once pitched to be the successor of ETH and would become #1 Altcoin but things never picked up for TRON due to the controversy involving Justin Sane and I don't thing it can be revived without a radical changes which would be required for it to grow further and what the point of having supply when the value has not given.
If there is I think that's just when I'm annoyed always with the news about partnership which he find it as a gateway to market tron.
Jump to: