Where Is TRX Rewards? My Thoughts
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I don't see strong projects like Tron at present. How to stand firm, other projects should learn from the TRON. As the crypto market has crashed in the past few days, it has not had any effect on TRX.
There are some reasons and some techniques they have adopted. In the language of economics, it is called market strategy. A prime example of this strategy is that when the market is inflated, the price of the product also starts to fall. In order to prevent this decrease in the price of the product, the supply of that product from the market should be reduced. If the supply of a good continues to decrease as the price falls, the demand for the good will remain the same and the price of that good will not fall.
At present Tron has adopted this method. Because if they don't reduce the supply of TRX as the market goes down, then the price of TRX will start going down and its demand will continue to decrease. New distribution has been halted to keep TRX's demand steady and its price moving upward.
A look at TRX's supply chart shows that supply is decreasing due to constant burning initiatives. And this whole burning process is directly affecting the price of TRX.
Again looking at its net increase, it is seen that TRX is decreasing instead of increasing. This means TRX is decreasing due to burning. And because of this whole process, TRX was not affected even after this down in the crypto market.
We will get all the pending TRX rewards when the crypto market stabilizes again. So we all should have a little patience.
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I was just looking for an article about this, and glad I found this. Interesting perspective, and I do hope you are right, and that they will start to give us those rewards as the demand becomes greater and it will not influence the price in a negative way!
Thank you for your valuable comments. We hope the TRX payout starts very soon. ☺
Nice post sir, I have been wondering why I haven't seen trons in my wallet yet and now I have seen the answer to my question.
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This is an informative post but I recommend that you increase the quality of your post in the community
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Thank You.
Ohh Thanks.
Noted ❤️