2021 was great for the crypto industry, every cryptocurrency performed Really good most of them making new all time highs, but With Tron(TRX), Not that great. This Article is Completely Based on Our Opinion About Tron (TRX) Let’s Talk about it
Tron (TRX) was Founded in 2017 by Mr. Justin Tron. And at that time when it launched, there was lots of hype around it, for comparison just like we saw with Axie Infinity (AXS), and Tron Blew Up reaching More than $0.22 cents.
Tron Investors and Retail Investors made Huge Profits during 2017, Tron (TRX) was in the top 7th position even after the price drop. Justin sun, founder of Tron Made Pretty Huge Announcements and developments for Tron (TRX) and Still also, a lot of going on With Tron (TRX).
This Bullrun of 2020 and 2021, Tron Did not Performed Very Well in comparison to other cryptocurrencies in the market, Tron went from 7th place on CoinMarketCap to actually 26th and it looks like it will keep going down in rank.
The price of Tron (TRX) didn’t even Break its all time high of $0.22 cents in 2017 bull run in comparison to 2021 bullrun which Tron (TRX) only went to $0.163 cents.
What’s Wrong with Tron (TRX)?
Well, obviously people who invested in Tron (TRX) must be frustated while other cryptocurrencies like AXS making Unbelievable Price Uptrend.
There is Nothing Wrong With Tron (TRX), the reason We believe it haven’t performed well is because of No Major Developments in Tron (TRX) Such as In 2021, Play to Earn Crypto’s is Gaining huge popularity also crypto related to NFT’s.
Well, Ofcourse Tron (TRX) had some Developments in past few years but not something major to be honest.
What’s Wrong with Justin Sun?
Justin Sun, Highly successful Entrepreneur and a crypto pioneer as well. Well, We are nobody to judge him but Justin Sun tries to hype the Coin with Announcements on Twitter Every Now and Then and he has been doing it for years which does not seem to work anymore as most Retail Crypto Community believes. This is just our opinion Though.
Conclusion
It’s less likely That Tron (TRX) will Perform Better than other undervalued mid cap cryptocurrencies. Well,better note that Justin sun will never let it Drown, Always Do Your Research.
Share this Article With Tron Community and share your thoughts about it in the comments (Below)
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