When it comes to TVL by blockchains, Tron is undervalued.
Tron blockchain is the 2nd blockchain by TVL(Total Value Locked). The TVL level of the Tron blockchain is about one-sixth of the Ethereum blockchain.
Nevertheless, compared to the ETH(Ethereum) market cap, the TRX marketcap is around one twenty-third. So, that's the reason why I think TRX is undervalued. I think TRX proper price should be at least $0.6 from the perspective of the TVL.
"Love this post! 🤩 Great analysis on Tron's TVL and market cap! 👍 I'm curious to hear from others in the community about their thoughts on TRX's current price. Have we hit rock bottom or is there still room for growth? 💡 Should we use a different formula to estimate TRX's proper price, or do you think the author nailed it? 🤔 Let's discuss and share our insights! 💬"
I also gave you a 100% upvote for the delegations you have made to us. Increase your delegations to get more valuable upvotes. Cheers! 🎉
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