Do you think tron is overhyped?

in #cryptocurrency6 years ago

View the original post on Musing.io

Yes, I do think tron is overhyped.

Tron launched its network recently yet its value has gone up 14.44 times (Source: https://icodrops.com/tron). That is a huge gain. It takes a long time for a software to develop and stabilize. 

Even before getting a large user base, tron price was pumped hard by speculators and day traders. Such unexpected price movements indicate that a significant portion of tron's value come from speculation.

The moment these speculators decide to leave tron and dump their coins on the market, its price will go down significantly. 

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My reply is no

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