I just bought 7000 tron at 23 cent each
Why? Well I read that the CEO is the protege of the Alibaba guy. That's good stuff. Then, I read that they're merging accounts from, something or other, to Tron. Also, the Tron CEO, was twice in the top 30 CEOs under 30, or something of that nature, people from Asia. I feel comfortable about my position.
Only noobs buying coins after 200% increase in 3 days , you will cry in couple days :-)
I saw this crying here when the price went up 900% to 0.03c, brief pause, then went up 100% again to 0.06 (ie 1800%), then wicked down to 900% in a body slam before undulating for a week or two. Many boxes of tissues followed.
This is an Asian market play perhaps, both the mainland and the wealthy coastal islands and peninsulas. The appeal to a fully decentralised internet is something almost everybody can love, except TPTB centralists we all suffer day after day, no matter where you are.
If Sun Yuchen and his team can manage to achieve this, Tron is easily worth the market cap of most social media platforms combined with many major traditional media megacorporations, inclusive of news, movies, gaming, gambling, sex, potentially even religion. It is really an amazingly valid concept.
Singapore is the best place to do it too.
This is a project with at least a five year development plan.
It only listed about September, went up in December to top 100 and now is vying for position 6 or 7 on CMC. Several major breakthrough releases will see this double and challenge Cardano for #5.
If that sounds weird - did you watch the rise of Cardano over the last month?
Overall, it feels like the early upswing of the dotcom boom and then the noughties commodity boom.
There is every reason why there should be several more doublings here. The very best outcome will hopefully put a sword to media censorship and as Sun says, put the power (and rewards for effort) back with the people and not to the regulation prone monoliths.
