10th February - which coin can do good?
Hello Steemians,
Currently, we are witnessing a very big dump in the crypto industry. A lot of FUD is going around. It's really hard time for traders as most of the analysis is going wrong but I am always optimistic and I am still trading. This is not a time to panic. It's time to hold and those who are waiting with their BTC or USDT, this coin can be proved good for them.
Today, I am talking about Tron (TRX). It is a token and currently it is the 15th biggest coin according to the Coin Market Cap. Currently its market capitalization is 1.6B+ USD. It has got around 11% volume of its market cap in the last 24h. Most volume has come from one of the biggest Exchange Binance. Currently, its price is $0.025 (0.00000407BTC, 0.00004215ETH) losing 26%+ (9%+, 4%+) in the last 24h. I think it can go very high when the market will stop dumping and 5500-6500USD has a very strong support for bitcoin. So, dumping should stop very soon.
I am giving some point below which I have collected about Tron from internet:
Pros:
• Famous Chinese Entrepreneur Justin Sun (CEO of TRON foundation) created Tron (TRX) and it was launched in September 2017.
• On January 5th, 2018, Tron (TRX) price was around 0.26 USD and the market cap was 17B+
• Tron has a vision of solving problems caused by centralized internet.
• It’s a decentralized network through which anyone can create content, applications, websites freely.
• Tron has a highly qualified technical team. So far technical perspective signs that they can execute on their goal and if they can do it, then it can command a larger space in the tech space.
• It has some big partnership including Bitmain, Gifto, Peiwo and UPLive. This kind of partnership shows that the technology can be a game changer.
Cons:
• Tron’s white paper was shown to have been plagiarized. Though tron explained it as a translation problem, the markets are not convinced.
• The company is overly reliant on the its founder Justin Sun.
My opinion: Tron's pet mobile version may come live on 10th February. Current price of around 400-450sat is a very good price for me.
Note:
• If I need to change any opinion or I get any more news, I will edit this post with edit history till 10th February.
• I am a learner. I am not a crypto expert or any financial advisor. What I am posting is totally my opinion. If you want to follow my post for trading, it's totally on you. If you find something in this blog post which has value, then I can take some credit. If you lose or make some profit from your trade by following me, total credit goes to you. So, do your own research before going into any trade.
• For trading I would like to make some suggestion:
- Don’t put your all money in one trade.
- Always try to trade with a reasonable stop-loss.
- Most of all, try to learn from others and take trading decisions of your own.
You can join one of the best exchange Binance: https://www.binance.com/?ref=25812995
I am signing off today. Hope to see you again steeming somewhere else. Until then stay healthy and keep steeming. :)
good article friend If you follow me, I'll be happy.Thanks :)

Thanks.
you re welcome
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