Should you invest in NEO or TRON (TRX)?



Considering how many people believe that cryptocurrencies are the future, many people have become interested in them. This interest has grown even more since digital coins gained further popularity before the bear market hit in January of this year.

However, even if prices have fallen, people have been intrigued by the concept. As a result, we now have more encrypted and more cryptic investors than ever before. Although this is an excellent development for the crypto industry, many are often confused as to which currency to invest.

Most decided to point to the coin near the top, but not to the top itself. They also want to buy a coin that has quality and a vision. This is why people often end up comparing NEO with TRON and trying to figure out which one has more potential.

NEO or TRON – which one to choose?

Both NEO and TRON have a similar end goal, which is to make the future a better place. They are doing it both in their own way. Both coins were previously included in the top 10 of the cryptos on CoinMarketCap, but have since fallen slightly lower on the list. At the moment TRX is leading the 13th place, while NEO is following the 14th place.

Their shared end goal, as mentioned, is to change the world with their product and make it better for everyone. Their smaller goals, on the other hand, are very different. TRON wants to start dominating and revolutionizing the entertainment industry. NEO, on the other hand, wants to do the same in the smart contract sector and the development of dApp. In this regard, NEO is similar to EOS, which is often seen as its biggest competitor.

Currently, NEO has over 66 dApps created on its blockchain. While the current leader in the number of dApp is undoubtedly Ethereum, the fact is that the quality of the dApp of NEO is much greater. This is due to the increased costs of creating dApp, which is why only the best and safest projects choose NEO. Ethereum, on the other hand, is much cheaper to use, which is why more projects end there.

As for TRON, this coin has made incredible progress throughout the year. It has launched a MainNet, accumulated numerous token burn, launched the TRON Virtual Machine among other projects and even purchased BitTorrent for the purposes of a new Project Atlas. Even so, its price remains rather low and is currently valued at only $ 0.020549 per currency. The NEO, on the other hand, is considerably more valuable, with a price of $ 18.65 per currency.

While the NEO obviously has more value per token at this time, TRON has grown and expanded more than any other crypto. One of its biggest problems is the wide circulation offer and the even larger total offer. Apart from this, this is a great project that is definitely worth investing.

This does not mean that the NEO is bad. On the contrary, both are excellent projects, which are simply doing their thing differently from one to the other. This is also the reason why it is difficult to compare them and choose the best currency. Investing in one will require patience as investments in these currencies are a long-term thing. As for the choice, it depends on the investors themselves. It all depends on your vision of the project and your decision on the value of the goal.

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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. Please conduct your own in-depth research before investing in any cryptocurrency and read our full disclaimer.

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