Home Finance News Will TRON (TRX) Sustain its Image as an Ethereum Killer

Will TRON (TRX) Sustain its Image as an Ethereum Killer

Tron TRX Ethereum Killer

Justin Sun welcomes developers from all over the world to be a part of TRON 2021 Global DeFi Hackathon.  The Great Voyage Program Registration is from 2021.02.05 to 2021.02.28 (HKT).  Those who have projects will be able to submit it using a simple Google Forms link.

Along with the TRON 2021 Defi Hackathon Event, TRON Emoji is also live. On seeing the news about Emoji users expressed that they were ready to crush and some stated ready to pump. However, some of them expressed concern stating that several cryptos are 10x higher than 2017, but that TRX is back from all-time high.  No matter what, there continue to be users who trust in the Tron Foundation.

BitWell listed TRON (TRX) spot trading on 09 February 2021 at 14:00 UTC time and opened TRX/USDT trading pair. They have welcomed users to the experience.

For clarity, BitWell is committed to building a fair and transparent global digital asset trading platform, providing investors with secure, convenient and intelligent blockchain derivatives trading services.

TRON (TRX) Justin Sun Investment

Reportedly, Justin Sun is invested in an audio-focused social app known as the China’s Clubhouse.  Two is the name of the China’s version of club house. 

Justin Sun recently tweeted:  “China in joinClubhouse have officially launched.  They have decided to go with the name “TWO”! Please visit twoapp dot com to download or iOS Appstore/Android stores in China. Only Mandarin for now, but English will be avail next week! Clubhouse Try it!”

While new activities are happening, there continue to be pessimistic investors who state that one day TRON (TRX) will tune down to 0. Some feel most of the news is unnecessary hype and over optimism. Tron community are in reality waiting for interesting news and good advertising.

Investors feel that there is so much supply and that investors are not interested in Tron.  They are expecting to see TRX competitive again. With so much of perception changes despite the activities in the community investors are wondering if TRON will sustain its image as an Ethereum Killer.

The very investors of TRON are worried some of them are wondering if TRX is dead as they feel the price is simply not rising.

However, the total value locked in TRON DeFi has crossed $1.2 Billion.  The value is locked in JustStable, JustLend, JustSwap, and JustBTC. In the end, regarding the oversupply, one of the member stated, Burn some TRON so the price will increase and this will means more people will join TRON.  Listen to the community.


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James

James T, a passionate crypto journalist from South Africa, explores Litecoin, Dash, & Bitcoin intricacies. Loves sharing insights. Enjoy his work? Donate to support! Dash: XrD3ZdZAebm988BfHr1vqZZu6amSGuKR5F

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