Hello and welcome to the second episode of A Closer Look. The serie where i take a closer look at an altcoin, give you a brief history about it and then give you my opinion on it. In today's episode we'll be taking a closer look at Tron.
Brief History
TRON is a decentralized open-source cryptocurrency founded by the TRON Foundation in late 2017. TRON is meant to be an application intended to allow creators to be compensated for sharing their content. TRON incorporates a blockchain based peer-to-peer technology which means that like other cryptocurrencies, it is capable of eliminating the middleman. Currently Tron is at #15 in the coin market cap at over 2 billion with a supply of over 66 billion tokens available. Right now 1 Tron token is worth 0.03$
My thoughts
I believe that Tron has the potential of becoming something big, but i also believe that it's gonna take some time. I think Tron is a good long term investment so grab yourself a couple Trx and HODL for a couple years.
Thank you for reading all the way down here, if you liked this post then why not follow me? I post stuff about crypto and sometimes i post my drawings. Well anyways have a nice day, I'll see you in my next post.
