Tron is Winning the Crypto Winter Games

By Gideon6ix | CryptoNuances | 10 May 2022


Tron is Winning the Crypto Winter Games

How Tron is Thriving While Other Cryptos are Falling
By Gideon 6ix

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TRON (TRX) has experienced a market surge in the past month, outpacing the crypto market by a large margin. TRON’s success is a result of great fundamentals and unique features. Out of the Top 20 Coins ranked by CoinMarketCap (CMC), only TRON (8.3%) and USDC (.01%) are in the Green. Other top 20 coins, including Bitcoin (BTC) and Ethereum (ETH), are down roughly 25% on average. Why is every other coin experiencing a chill, and how is Tron thriving?

Crypto has been down over the past month, with the market struggling to find its footing. With escalating inflation, uncertainty in the Oil & Gas Industries, and the Covid pandemic, chaos has overtaken logic. The supply chain crisis is only making matters worse. This slump has led to many investors losing faith in the crypto market, resulting in a sea of red on the market charts. Only Tron seems to be surviving the onslaught.

TRON Protocol is a blockchain-based operating system that aims to build a free, global digital entertainment system with distributed storage technology. TRX was founded in September 2017 by Justin Sun and the TRON Foundation. It offers scalable, high-availability, and high-throughput support that underlies all the decentralized applications in the TRON ecosystem.

TRON also provides better compatibility for Ethereum smart contracts through an innovative, pluggable smart contract platform. TRON supports bitcoin, Ethereum, EOS, Qtum, and other public blockchain smart contracts. TRON has strong technical capabilities and an experienced team that includes former employees of Alibaba, Tencent, and Baidu.

TRON is committed to becoming a decentralized Internet ecosystem that allows easy digital asset distribution and content sharing. TRX is the native token of the TRON network and is used to motivate application developers, content creators, and users. TRX is used to pay for bandwidth and resources on the TRON network and used in transactions within applications built on TRON.

Photo by janilson furtado on Unsplash

There is always a reason to be hesitant with any investment. This article is not intended to be financial advice. Its only purpose is to cast light on how TRON is not currently suffering the way other Crypto projects are. I believe TRON has excellent fundamentals and will continue to outperform expectations in this bear market.

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All the best,

Gideon 6ix

Twitter: https://twitter.com/Gideon_6ix

Minds: https://www.minds.com/gideon6ix/

LinkedIn: https://www.linkedin.com/in/gideonsix/

 

Sources:

https://coinmarketcap.com/currencies/tron/

https://coinmarketcap.com/

https://tron.network/

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Gideon6ix
Gideon6ix

Entrepreneur, Crypto Enthusiast, Author, Minds Profile- Gideon6ix- https://www.minds.com/gideon6ix/about Twitter- @gideon_6ix


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