TRX keeps rising as TRON 4.0 comes closer to launch
Ever since the advent of Cryptocurrency and Bitcoin, it seemed that BTC was all that people cared about. Since it was the first and only for a while, there was no surprise when it took off and left its competitors in the dust. Even right now, Bitcoin price highs and drops can cause people to react like nothing else but even we have to admit that more serious players are now entering the battlefield and it might not be a one-horse race for long now. As far as value is concerned, none can match up to BTC with ETH coming second more than $9000 behind in price. But if its attention and paparazzi, then they have to pick up the pace. The more adoption Crypto takes, the more people will be involved with it and the more it will be talked about. To set yourself up in a different way from your competitors is what is going to make your brand stand out and TRON have done just that.
Due to Covid-19, many companies were met with resistance in businesses and the value of cryptos dropped down as well and it seemed that all the market started coming online taking the focus of brands to capture audience on those platforms. As announced in their Roadmap of 2020 & 2021, people knew it was coming but with the proposed introduction of better privacy protocols supporting TRC10 transactions, upgrading their TICP protocols and many more things that actually make it easier and more efficient, you can believe that people were excited. The hype created by improved technology that will give people a better and more secure trading experience is something that gets the attention of all stakeholders and why wouldn’t it? They believe that Crypto is where the wealth is and that is the shape of the future. Labelled the great Voyage that will be launched on 7th July 2020 in an online conference, it is sure to bring with it a great impact in the Crypto world.
Be it technology improvements or something completely innovative that people are expecting of this program, it certainly has caught the attention of traders and investors since TRX is now being traded a lot. This is common for when major brands announce their events but a trend with this much positive impact on the cryptocurrency is certainly quite unusual. Good news for TRON though because this means that for the 5th day in a row, TRX value came up positive at the days end and there are still 5 days to go before the actual launch. What this means for the pesky $0.0177 resistance level that it faced, is yet to be seen. Going by the current trend, it might soon get taken down. It might have taken a dip right now while valuing $0.016867 at time of writing but with a 24-hour change of %3.50 positive, who is to say where it will finish. Not bad for a cryptocurrency that managed to trade horizontally for 3 weeks prior to this event.
Experts and analysts believe that the upgrade will push the coin to new heights and their suggestion is to definitely trade in or HODL XRP at the moment. Judging by its current performance, that might not be a bad idea at all. So, what do you think about this new development? Is TRON 4.0 really going to shake things up that much? Is it worth the hype that it is creating? Will XRP break through $0.018 in the coming days? Are you HODLing $XRP right now? Share with us your opinions and thoughts in the comments below and we will definitely feature you on our platform. Meanwhile, I am off to see if I can get some XRP for myself!
