Post
Topic
Board Altcoin Discussion
Re: Tron New ATH
by
shinratensei_
on 05/12/2024, 04:16:44 UTC
I considered TRX to be a stablecoin as there has been no upside over the past few years but this time it has unexpectedly reached ATH with its high peak.

Do any of you believe that TRX can reach ATH? I didn't think so before.

Although TRX has almost everything but the ecosystem is still quite quiet unlike other coins, but don't know if it's because of the effect of Justin Sun eating a 6 million banana?

ecosystem is pretty active, they just scored ATH on their revenue just recently

https://www.msn.com/en-us/technology/blockchain/tron-sees-historic-21m-in-daily-revenue-amid-trx-dramatic-price-pump

i don't think it's that quiet, to be fair there are significantly more quieter blockchain out there that has around the same market valuation as TRX and current TRX pump is honestly justified.
so it's no wonder they just reached ATH.

though I'm pessimistic they can keep their ATH for long, it seems the sell pressure is quite huge.