My Favorite Crypto Coin by @sohanurrahman
My favourite coin is Tron, code name is TRX. It's an open-source platform just released in 2017. Justin Sun is the CEO and the founder of Tron. Justin Sun is a famous Chinese cryptocurrency entrepreneur and also business executive. He is also famous on social media like Twitter.
Trx price. Screenshot from coinmarketcap
I am holding Trx with a long-term vision. Tron has a supply of 92 billion and the market cap is 6 billion. The price of this coin is now around 0.06 and currently, it's down around 78% from its all-time high. And the honourable CEO of this coin is very focused on the development of this coin. And the coin that has a good vision, roadmap and use case, that coin can give me good profit in future. There are so many potentials left in this coin. So I am holding this coin for a long, currently I am staking TRX on Binance and some other wallets.
Trx market cap. Screenshot from coinmarketcap
Let's talk about the use case of the Tron coin. Tron is one of the fastest-growing decentralized public blockchains. Decentralized applications also run in this blockchain, because it's an open-source blockchain. Another best use case of this platform is that you can transfer your coin with a lower transaction fee. Trx 20 is very popular for the lower transaction fee and the decent transaction speed. Tron network meets 0 transaction fees and has 2,000 transactions per second. In the case of solving blocks, the tron blockchain is super, it solves three blocks in one second and Ethereum just solves 1 block in 15 seconds. If you compare it to Ethereum, the tron blockchain is ahead.
In my point of view, the TRX coin is expected to be a top cryptocurrency shortly. The roadmap and the use cases are incredible, so a bright future can be predicted for this coin. A few months ago Tron's new stablecoin was released called USDD. USDD and Tron could be connected through a new mechanism that could drive the price of these coins higher. This coin may be rebranded in the future.
Inviting @toufiq777, @arjinarahman and @pea07 to take part in the contest.
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Great post my friend. I love Tron as well. Easy to purchase and use. But due to its current low. I will go for another coin because. It's price is relatively low and yield less wen converted to my native coin.
I rather go for another coin. Thanks for sharing.🙏🏼