TRON (TRX) poised for eventful week & Q1
THE NEXT 7 DAYS ARE HUGE
Tomorrow the announcement of the [Matchpool (GUP)] should drive trades. Upon review of matchpool & Gup, barring significant details at the announcement, I think the partnership does more for them than TRX, but any news is good news in the bull market.
This Sunday, a game should be released, is it part of the Matchpool agreement? Will it be any good? What is the game? The lack of details emerging here is somewhat concerning, but could all be cleared up with the announcement tomorrow.
End of January Exchange Listing
Again, few details on what exchange, so we don't know how big or little gains should be, but typically opening on an exchange is good news for an altcoin as it increases demand.
Coinburn at End of Q1
If it happens, will be great because it decreases the number of tokens while keeping the cap the same, which should drive the price of the unburned coins higher.
Mainnet by end of Q1.
I don't know if this means deployed and usable by end of Q1 or just an announcement that it's ready. If this is a sincere Mainnet ready for other games to be dropped on top of, it could be huge. Justin Sun, founder of Tron, has hinted at big deals with large companies with 100 plus million users flirting with TRON.
Source: @cropic read his post here
Thoughts / Insight
If all this goes according to plan, as much as it is hyped, TRON could skyrocket. It has a name that sounds cool, has history, and matches well with the target market (gamers). This could be the crypto of choice for the gaming industry. In my vision of the future multiple layers of cryptos exist, ranging from hyperspecific (like tron and sub tokens formed from it) to building coins like SLM & STEEM to foundational coins like ETH & BTC. TRON could exist in the specific range.
The only downside is most of the info we have comes from twitter.
While Justin Sun is active and his account seems legit, website announcements & media outlet coverage would allay our fears somewhat. This could possibly be because the coin is Korean, which provides an interesting market, but could limit English speaking investors access to proper knowledge.
ALL INSIGHTS/THOUGHTS ARE NOT FINANCIAL ADVICE. CRPTOCURRENCY MARKETS ARE EXTREMELY VOLATILE. DO NOT INVEST MORE THAN YOU CAN COMFORTABLY AFFORD TO LOSE
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Based on Korean exchange listings of other coins, it would be a good time to get in cheap and then sell at a 60-100% uptick.
Thanks for the tip! At the moment TRX is sub $0.10 at $0.07 a coin. +27% over 24hr