The world of cryptocurrencies has been known to be in constant fluctuation. A quick look at the starting price of any currency on the market today says it all. For example, who would have thought that a Trypto like Tronix could make huge jumps, increasing the percentages in increase of thousands?
At present, Tronix is in position 8 as one of the largest cryptic market players in the world by market capitalization. The currency is currently trading at around $ 0.027 with an impressive market capitalization of $ 2.71 billion
. Although this does not put Tronix anywhere close to dropping Bitcoin as the only market leader, it says a lot of a cryptocurrency that debuted on the market worth only $ 0.00212 in November 2017. In December of the same year, Tronix had done skip a whole 2170% to hit 0.04813 in value. And it has not stopped here.
In January 2018, Tronix had made another huge jump of 13.980% to $ 0.2985, making it the best jump so far. Looking at these facts and the future of the encrypted world in general, it is safe to say that such a currency could present an investment opportunity for anyone who has a keen eye on good profits.
A couple that with the fact that Tronix's founder, Justin Sun, has learned his business sense from one of the best in the business world, Jack Ma of Alibaba. In fact, Justin was invited to study at the University of Hupan founded by Jack Ma. Justin was also on the 30 under 30s of Forbes for a nice 3 times.
Perhaps one of the most convincing factors that show the strength of Tronix is in what Justin had to say about it. In a tweet Justin said that Tronix's network is 80 times faster than that of Ethereum and has a huge user base of 100 million users worldwide.
In another post on Reddit, Justin continued to praise Tronix, outlining some of his strengths: strong extensibility, consistent coinburning, high operational speeds, interesting rewards for developers and a large user base.
Tronix majors are an entertainment network that connects manufacturers directly to users, and since digital entertainment products are now a huge $ 1 trillion global industry, it's easy to see why Tronix is likely to increase further.
♥ Get Daily News Crypto on Facebook | Twitter | Telegram | Instagram