Regarding developments, we are all agreed that TRON (TRX) is by far one of the most important cryptocurrencies in the market. In fact, this year only the currency has seen some of the most significant updates such as the launch of its main network, the migration of its tokens, the creation of the Super Representative Elections, the long-desired purchase of BitTorrent, the launch of the TRON virtual machine, the recent Atlas project and many others.
And all this without even taking into account the numerous partnerships that the company has established with various organizations around the world.
In this sense, what we were all waiting for was that the coin had a dizzying rise at any point and would land in a fresh and renewed position on the charts.
However, the reality was completely the opposite as the token went from being a top-10 medal to be now placed in the 13th position of the lists, a situation that made many of us feel anxious and concerned.
So we all wonder when the price of the token will reflect all the hard work that is put into the blockchain, or in other words, will it really happen that the coin matches the efforts of the company? Well, we have reasons to believe that the fourth quarter may be time for cryptocurrency, let's see the main details.
Q4 and Tron (TRX)
At the time of writing TRON (TRX) has a value of 0.02263 dollars, and has decreased by 3.70 percent in the last 24 hours according to coinmarketcap.
Nevertheless, apparently, things are about to change in the next quarter, as Justin Sun is working tirelessly to increase awareness and adoption of the currency, a move that, logically, will also have repercussions on the price of the TRX token. The landscape appears to be of beautiful appearance in the fourth quarter, and the main reasons for this are as follows:
- Sentiment on social media: When it comes to interacting with his community, TRON has shown the best strategies to keep his followers really close. In this sense, every day the CEO of the company shares all the steps that the company is about to make, and this has created a positive general feeling among its enthusiasts.
- Blockchain functionality: Since the launch of the TRON blockchain, the platform has increased its functionality with the most exceptional features in the industry. In fact, every day the network grows on the basis of particular characteristics, a fact that, in general, will help the token to obtain a mass adoption.
- partnership: TRON has never stopped building relationships with the market, and this has been a crucial piece of the puzzle that is preparing for the company. At the moment, many organizations around the world support TRON, including famous exchanges and portfolios that have helped the platform migrate their tokens.
- Justin Sun's commitment: Although it's just a matter of promises, we all know that Justin Sun is a busy business man who is willing to work hard to succeed in the industry, and has recently stated he is committed to giving more recognition and value to the TRX token so we can all wait.
- Dapp approach: Another important fact is that TRON is getting more adoption by decentralized applications and has even invited Dapps developers today to join the Tron network and stop using Ethereum. Seeing the comparisons he made with Ethereum for developers, it seems like more decentralized applications can be converted to Tron, which could really add value to TRX.
As always, we must all accept the fact that TRON definitely has all the tools to become the next big crypto in the market, and even further, TRON has all the necessary weapons to fulfill its internet decentralization mission.
However, this would translate as in the value of the coin? Well, we are all waiting for him. In the meantime, we all observe that the company is making the most significant efforts. So stay tuned, Q4 may be time for a price increase for Tron (TRX).
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Disclaimer: this article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and / or its affiliates, employees, writers and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. The author is long Bitcoin. Please conduct your own in-depth research before investing in any cryptocurrency and read our full disclaimer.
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