Post
Topic
Board Speculation (Altcoins)
Re: TRX to $1?
by
nira09
on 13/07/2021, 05:31:30 UTC
Despite having those advantages TRX hasn't got much attention of investors. TRX is better than Ethereum chain but Binance smart chain have much popularity now. I have observed a lot of new projects (DeFi & NFTs) and found that almost 90% of them launching on binance smart chain platform. While TRON blockchain is rarely used by new project team. TRX will take long time to reach 1$ if this trend doesn't change. Most of the useless coin price increase and decrease in the same way. But TRX have good support in crypto market.
The reason why it is not getting attention from "investors" is the reason that there are not that many projects. I mean ETH was always the thing that everyone used but BSC came out and took so many people to BNB world and we have seen pancake passing uniswap as well. Which means that TRX could have done that for a year now and it didn't and that is why there are no investors.

The path to this was Binance spending nearly 100 million dollars in investment for places like cake and other stuff, which gave them a good start and thanks to that more and more new places started, and obviously when you have so many palces to invest that ends up being the reason people investing because there are options. Go look at the projects in the tron world and you will see that there are absolutely nothing that could people use to make money, they are all horrible projects.
That's right, this is the exact reason why TRX has not been able to touch the ATH price 4 years ago. BNB is experiencing strong improvement as CZ supports the BNB ecosystem. Maybe Justin should strengthen the TRX ecosystem by supporting all projects that are useful for the TRX ecosystem.