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Is Tron Biting Off More Than They Can Chew?

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Tron, or TRX as it is known on the market is a very competitive currency. No crypto coin wants to be left behind at the end of the day, but the time and effort behind this currency is a detriment. Everyone is fighting the same cause, and that is because nobody wants to be an underdog. When you look at the other prominent coins on the market, you will see Tron. This is somewhat of a household name and this is especially the case when you look at the world of cryptocurrency. Everyone knows this and it is somewhat colossal as well. The altcoin on the market ultimately means that it can survive a huge range of developments and it could even help to create awareness of things that are beyond the scope. Tron in the more recent years have gone on to initiate some very successful developments. Sure, things have not been fully implemented yet but nevertheless, they have gone on to complete the launch of their own MainNet in a very short space of time.

The day after MainNet was released, Tron launched their independent MainNet. After the celebration happened, Tron then burnt away 49 billion TRX tokens. They did this on the ERC20 system and they also burnt 1 billion coins the day before that as well. When you look at earlier in the year, you will see that they have released their own open source wallet and that this is unlike anything that anyone has ever seen before.

For some time, the coin has been on the SRE which is also known as being the Super Representative Election. 100 candidates will try and race for a total of 27 positions. The successful people in this will then be given the chance to control the Tron community. When you look at exchanges such as Houbi Pro, Binance and even Okex, you will see that they have all helped to complete Tron’s own upgrades and that many are still on the go with their own. Justin Sun is the owner of Tron and he also put out a tweet saying that the millionth TRX trading competition is still underway.

So in conclusion., the improvements have had a huge impact on the coins that are in the space at the moment. Observers have been stating that there have been enough improvements made so that you can really make the most out of your experience. In the same vein, the recent fall from the coin in the 10th position was also really put down to the amount of diverse attention that it has. When you look at the hope you will see that Tron is soon going to be among the top 10. Justin Sun believes that it could be among the top 6 if things keep on going the way that they are right now and this is really great news for the industry. That being said, only time will tell if this whole thing is going to come together and provide fruition for Tron.

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