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RE: Is TRON TRX only a hype coin ???

in #tron6 years ago

TRON (TRX) - 6 / 21 / 2018
Circulating Supply - 65,748,111,645
Current Price - $0.048787 USD
Market Cap - $3,207,626,824

On June 25th TRON Foundation will conduct a burn of 1,000,000,000 TRX all at once, which is worth 50 million USD according to today’s market price.

New Circulating Supply will be 65,748,111,645 - 1,000,000,000 TRX = 64,748,111,645

Price Now - $3,207,626,824 / 65,748,111,645 TRX = $0.048787 USD
Price after token BURN - $3,207,626,824 / 64,748,111,645 = $0.0495400 USD

With the MASSIVE circulating supply in the TRON project the BIG Announcement is basically more hype.

The coin under today's conditions will rise 1.5% instantly. haha
https://medium.com/@Tronfoundation/june-25th-tron-independence-day-ef7b9df02be9

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