Pages:
Author

Topic: Tron New ATH (Read 288 times)

full member
Activity: 532
Merit: 211
December 09, 2024, 02:18:04 PM
#31
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.
legendary
Activity: 3388
Merit: 3154
December 09, 2024, 09:21:19 AM
#30
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.
hero member
Activity: 2954
Merit: 719
December 09, 2024, 04:24:15 AM
#29
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/

hero member
Activity: 3108
Merit: 537
Leading Crypto Sports Betting & Casino Platform
December 08, 2024, 09:34:01 PM
#28
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.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
December 08, 2024, 05:34:45 AM
#27
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.
hero member
Activity: 980
Merit: 559
December 07, 2024, 03:04:21 PM
#26
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.
newbie
Activity: 27
Merit: 3
December 07, 2024, 08:40:23 AM
#25
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 ?
sr. member
Activity: 616
Merit: 322
December 07, 2024, 07:32:55 AM
#24
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
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
December 07, 2024, 02:39:13 AM
#23
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.
hero member
Activity: 2310
Merit: 832
🌀 Cosmic Casino
December 06, 2024, 05:59:35 PM
#22
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.
hero member
Activity: 1218
Merit: 543
fillippone - Winner contest Pizza 2022
December 06, 2024, 02:22:02 PM
#21
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.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
December 06, 2024, 01:27:36 PM
#20
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.

TRX was just following L1 narratives. Almost all of L1 have been recording new ATHs, and it's the reason why TRX gets a sudden increase. It's one of my favorite blockchain, and very often used its to send USDT. I never expected that if TRX recorded new ATH in matter of days.

Holy shit this bullrun is crazy as hell. It's very possible for Tron to reach $1 as long as it's growing at the current rate. It seems we're still at the early run of bullrun.

I expect something crazy to happen with Tron soon. Hopefully, Justin Sun will come with the news Tron ETF.  Cheesy Cheesy
hero member
Activity: 1932
Merit: 546
December 06, 2024, 09:12:00 AM
#19
Well, this Tron/Trx is also one of the ones I'm saving because there will also be a massive rally here in reality. What most people here don't expect, tron ​​will do for sure. We also know that it helps us a lot in terms of doing transactions when we convert our earnings to crypto thru the Tron network, right?

So I think it seems right that what I see is the possible price of this bull run that we are facing right now in Tron, actually, my expectations here are high, something that most of us here don't notice because they are busy with other crypto assets and meme coins with the hyped saw.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
December 06, 2024, 08:30:41 AM
#18
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.
Since the first TRX existed I have liked this coin, its growth is very healthy and good for long-term investment. And in terms of transactions Tron has never had any problems, they are always the fastest, low cost and I don't think anyone hates this one coin. Friendly to anyone even I gamble still using Tron as my favorite deposit option. $1 can Tron penetrate, I am optimistic about that target.
I use Tron only for transaction options because it is fast and costs less, while for long-term investment I have never done it, because from several years it has been quite slow in terms of increase, maybe in the current phase tron rose much higher, but not sure if it will touch $1.

Often Tron transactions are only for gambling because of the low cost in terms of casino withdrawals as well, so this coin is always widely used for gamblers by depositing using tron.
?
Activity: -
Merit: -
December 06, 2024, 07:30:25 AM
#17
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.
sr. member
Activity: 1204
Merit: 486
December 06, 2024, 07:26:00 AM
#16
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.
Since the first TRX existed I have liked this coin, its growth is very healthy and good for long-term investment. And in terms of transactions Tron has never had any problems, they are always the fastest, low cost and I don't think anyone hates this one coin. Friendly to anyone even I gamble still using Tron as my favorite deposit option. $1 can Tron penetrate, I am optimistic about that target.
sr. member
Activity: 280
Merit: 253
December 06, 2024, 05:47:38 AM
#15
Tron is a good coin and during the sudden rise of bitcoin gas fee, Ethereum gas fee. Tron was the alternative means of payment couples with LTC then before the birth of BNB if am not mistakenly, Trx is not just a short term project rather a long term project and anyone who is holding this coin should be more patient as Trx could likely hits 1$ to 4$ in couples of years to come. Reaching .44$ is a thing worth celebration as tron has been stagnated in few spots unlike LTC.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
December 06, 2024, 05:33:33 AM
#14
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.

I still remember the discussion that we had in the forum about TRX's price in the future. I remember a lot of us used to say that the supply of coins is so big that TRX might never go beyond $0.05. Come 2024 and after following the price last year I feel TRX might well reach $0.50 in coming months.


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

[1] Tron is fast, I agree with your point here but the biggest UPS (Unique Selling Proposition) about this blockchain is that it is never congested like others.
[2] They have smart contracts as you said like BNB & ETH but they do not have an ecosystem big enough to counter both of them.
[3] Sorry, Tron does not have their stablecoin but Tether uses Tron blockchain for its stablecoin which we know as USDT.
legendary
Activity: 3332
Merit: 1034
Leading Crypto Sports Betting & Casino Platform
December 04, 2024, 11:16:44 PM
#13
I considered TRX to be a stablecoin as there has been no upside over the past few years but this time it has unexpectedly reached ATH with its high peak.

Do any of you believe that TRX can reach ATH? I didn't think so before.

Although TRX has almost everything but the ecosystem is still quite quiet unlike other coins, but don't know if it's because of the effect of Justin Sun eating a 6 million banana?

ecosystem is pretty active, they just scored ATH on their revenue just recently

https://www.msn.com/en-us/technology/blockchain/tron-sees-historic-21m-in-daily-revenue-amid-trx-dramatic-price-pump

i don't think it's that quiet, to be fair there are significantly more quieter blockchain out there that has around the same market valuation as TRX and current TRX pump is honestly justified.
so it's no wonder they just reached ATH.

though I'm pessimistic they can keep their ATH for long, it seems the sell pressure is quite huge.
hero member
Activity: 3010
Merit: 538
Leading Crypto Sports Betting & Casino Platform
December 04, 2024, 10:16:58 PM
#12
I guess the reason why TRON performing so well is partly because justin sun's effort in cultivating the blockchain, he just doing non stop marketing and always deploying new things to the blockchain also following every trend to make it stays relevant.
which definitely something I like about the project, compare it to other project around the same FDV where they just let their blockchain be and just stagnating with next to no innovation.

moreover, it seems he also comitted to create more active ecosystem with the presence of USDD. but I expect BTC Dom to climb up fist before TRON making another rally to break new ATH because BTC just hit $102k Grin.
Pages:
Jump to: