Some Top Coins I'll Definetely Stay Away From: Tron

in #crypto7 years ago (edited)

TRX - another currently useless ERC20 token with ~6$ billion market cap and it's complete nonsense. The only explanation I could find is a very well thought marketing strategy. I'm not saying this project is a scam, but I'm sure that TRX is definitely overpriced for now.

How do they introduce themselves?

TRON is one of the largest blockchain-based operating systems in the world.

The largest blockchain-based operating system? WTF? They even don't have launched mainnet. All the recent hype was just because of the announcement that the mainnet is launching soon. And another funny thing is that you'll need to transfer your tokens to the exchange to be able to retrieve your TRX coins later.
Pretty good start for a decentralized cryptocurrency...

Just check the technical docs (it won't take too long since there is not much to read) and you'll notice that there is almost nothing, no unique idea, behind the project, only loud announcements and number of airdrops.

But who cares, right? We are buying the coin not because we believe in its value, we just believe others will buy it too. And maybe they will, I won't be surprised if on a short-term Tron will bypass Ethereum, which whitepaper they've copied and didn't even tried to conceal this fact. And someone may make a quite good profit on this speculation, but I'm going for more long-term investments...

That's all for today, friends, thanks for the time spent on reading and, please, feel free to spend a little more to leave a reply and share your opinion :)

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Same here, I'll stay away From Tron. Their CEO makes me hard to believe in them.

Hm, fair points, I'll stay away from it too

I only buy cryptos that I believe in. Tron is not one of them!

@andhovesyan there are bunches of useless and worthless coins out there today with little or no prospects.

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I agree tron just seems like all talk nothing solid about it. And probably still along way off before the mainnet works properly

tron has a long way to go to gain peoples trust, but that doesn't mean it has no future. the best thing is to invest wisely

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