TRON (TRX) Knows How To Shut Up Critics
As it has been the expectation for many cryptocurrency enthusiasts, its boom time for TRON (TRX) adoption. The first half of 2018 will see many changes and in particular the Main Net launch.
Critics have always thought it is a pump and dump platform but the reality is surfacing; MainNet is the real deal it will help TRON become a stand-alone platform from the Ethereum ecosystem.
What does this have to do with it?
Well, this could be the defining moment for the coin; however, a seamless transition will mean low cost of transactions. The current transaction cost stands at 0.0000005 and after Main Net implementation, the cost will drop to $0.0000001. You cannot compare this with BTC fee at $5 or ETH $1; a good reason to adopt TRX and avoid being overcharged for your transactions.
With its own native platform running on Main Net, TRON, the scalability problem will be a thing of the past. Transaction speeds for TRON will go up to 1000 per second. This will only rival Ripples’ 1500 transactions per second. XRP plays in the banking industry and will soon need to increase their speeds to cope with volumes.
Once TRON (TRX) implements the Main Net protocol, it will achieve its goal of providing an innovative platform that players in the entertainment industry will be able to interact and showcase their products. To this end, adoption seems to be on the rise with new entrants joining the platform.
Game Changer Route to Market for TRX
TRON (TRX) is set to take the gaming and entertainment industry to a new level; using micropayments in the industry. This is a platform that will connect the gamer with a simple to use currency online. Connecting the gaming and entertainment industry with the user gives them a new real world of digital entertainment at a very low cost.
With game.com partnership, TRON will give gamers an opportunity to operate in an environment that is price independent. TRON aims at TRX becoming the only digital coin to power the entertainment and gaming industry. The goal is to get mass adoption without emphasizing on the token volatility in the market.
By achieving a strong user base, TRON seeks to increase TRX liquidity; the more coins in the market the better for the platform and the investor. The gaming and entertainment market is the core source of liquidity. This will make TRX a less speculative coin and position itself towards increased traction by end of 2018.
The beauty of TRON (TRX) is giving users what they want; adding value to the TRX coin is what the investors want. TRX is not just a gaming chip; it is a token that should be traded. With the upgrade of their system and user adoption, the value and usage of the coin will gain popularity and value and this will keep it green on the reading charts. Main Net implementation will sort the value issue and grow TRX to a new level.
Negative Campaigns against TRON (TRX)
The crypto-landscape is murky and the media is one tool that can make or break a cryptocurrency. The last two months have been the hardest for TRON since its inception in September 2017. However, the low search results of TRON online are not a show of how popular the coin is but a true testimony that investors and adorers are not after negativity by the value in the platform.
With the new upgrades underway, TRON developers are focusing on instilling trust and confidence on TRX and its noble goal of disrupting the entertainment and gaming industry. Most of the negative campaigns are sponsored by players who feel threatened by the inroads blockchain is making to the industry marred with fraud; they are running away from transparency and low fees.
TRON (TRX) Market Performance
CoinMarketCap ranks TRON (TRX) at 15 with a market capitalization of $2,731,534,956. The coin is trading at $0.041545 and has gained 5.09% in the last 24 hours. This is a significant drop from last week’s high of $0.048. However, the potential of growth lies on the full implementation of the Main Net.
By mid-year, a lot of changes will have been implemented on the platform according to their whitepaper. This could translate into increased adoption with more players in the entertainment and gaming industry investing and the price breaking the $1-$2 mark.