Is Tron TRX a good investment?
If you are looking for a project with a clear roadmap and a solid team behind it, Tron (ticker: TRX) might be what you are looking for. So far the team has been doing a great job getting TRX listed on exchanges and making great progress on their projects. Currently there are over 150 tradingpairs available. TRX can handle 2000 transactions per second, which is extremely high compared to Ethereum and Bitcoin.
Recently a new consensus model was implemented, namely Delegated Proof of Stake (or: DPOS). This is a more efficient version of Proof of Stake, which makes it possible to have a higher number of transactions per second. TRX is a coin that can not be mined. Where Ethereum, Bitcoin and Litecoin require huge amount of electricity, TRX is much more environmental friendly. Tron offers a platform for developers to create apps and smart contracts and is developing itself as a strong competitor to Ethereum.
Currently TRX is trading approximately 0.013$ which is over 95% down from its all time high. With all the progress being made it seems likely that TRX will reach it’s all time high again in the next bull run. This means TRX has a growth potential of over 2000%. Do you want to know when the next crypto bull run will start?
Please do be aware that I am not a financial advisor.