Welcome to the first edition of Bull, or Bear? Today we will be having a look at TRON, and seeing if it will ever really take off. So here we go.

What is TRON?
Well Tron describes themselves as wanting to create a decentralised internet. The blockchain is used to deploy dApps, or decentralised apps. Honestly, I’m not sure if decentralisation is a massive idea but it does sound interesting and only time will tell if decentralisation works well or not.

Reasons for it to go BULL

Well, firstly we can say it will go bull simply because every other crypto is going bull right now. So a short term rise is definite, in fact, I watched it climb from £0.022 to £0.023 a couple of days ago. Not a massive increase but it is a 22nd of the price increased. Secondly, this crypto is practically completely reliant on this decentralised internet. If the decentralised internet goes up, so will TRON. If it goes down, so will TRON. These are the reasons it will go bull.

Reasons for it to go BEAR

Well, TRON is quite a cheap cryptocurrency to start with, meaning it hasn’t really found its footing and hasn’t had masses of investments. This could easily mean that one day it just vanishes. As said above, if the decentralised internet collapses, so will TRON. And finally, TRON has only gone up 1 penny since January 2018. 

Price Prediction

Considering all the facts, I am going to say that TRON will go BULL, however we do not know by how much. I am also going to say that growth is going to be very slow. As a price prediction, I predict a solid £0.033 by the end of 2021. 

I hope you enjoyed this edition of Bull, or Bear? and if you did, please leave a comment down below. As this is a new blog, I need to be sure it’s heading in the right direction