Do you think tron is overhyped?

in cryptocurrency •  3 months ago

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Yes, I do think tron is overhyped.

Tron launched its network recently yet its value has gone up 14.44 times (Source: 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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To the question in your title, my Magic 8-Ball says:

My reply is no

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