TRON price Goes down || What is going on?
Image courtesy: tronlab
TRON or TRX is a decentralized protocol that wants to build a global free content entertainment system. Recently, It has gained a lot of media and investor attention. As a result, Prices of TRON went up exponentially. The total market cap is $5.6 billion. Currently, TRX is traded at $0.085.
TRON is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system
On January 5, It was traded at $0.25. After that price of TRX falls down drastically. Initially, It was believed that prices are falling because of a market correction. Please check the chart below to know the current status of TRON (Chart courtesy: coinmarketcap.com)
It is now obvious that TRX has some copyright issue. Java-Tron is based on the ethereum project and it is Missing references to ethereum project. It is also rumored that CEO of tron cashed out of his coins. It is not new in the crypto world. Just a few weeks ago, when litecoin price hits hight, CEO of litecoin Mr. Lee also cashed out his coin.
Whatever the reason behind price fall, Is it the time to buy TRON? or It is going to dip down to the deep ocean.
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Cool!
hard to say...I think the idea behin tron is great...but one thing is the idea and the other is bringing it into reality...im¡'m hodling now, i can't to anything else haha
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