Is It Time to Lose the Ripple and Go Mega-TRON? [cryptocurrency][news][investing]
mega-TRONIX
The latest news reporting coming from most mainstream media regarding Cryptocurrency has been somewhat negative of late. Recently, some of the world's richest and most successful men, Buffet and Gates, have come out with strong statements against Bitcoin and cryptocurrency. Also, the US government, through the SEC, has been scrutinizing cryptocurrency with Ethereum and Ripple being at the forefront of this supposed inquiry.
Ripple is currently being sued in a class action lawsuit claiming that it Ripple made money through the sales of their XRP token. The lawsuit further claims that these sales were illegal since they violated US securities laws and regulations. There is speculation that this lawsuit is a smear campaign decide to hurt Ripple's (XRP) price, and maybe even to put it further under the spotlight of the SEC as well.
Regardless of whether this Ripple lawsuit has merit or not, there is positive news for the now #10 cryptocurrency on Coinmarketcap, which is TRON (TRX). It seems that the ERC20 token called TRONIX will soon be releasing its mainnet next month. Currently, TRON is using the Ethereum network as its testing bed, but by using their own blockchain also called mainnet, they then will be essentially on their own. With this upgrade, Tronix will then be able to further support new smart contracts or coins under its own network, much like what Tron Dogs are currently. Tron Dogs are similar to Cryptokitties.
Tron has recently jumped in ranking on Coinmarketcap landing now at #10 by market capitalization. According to its founder, Justin Sun, he claims that next with next month's successful launch of their mainnet, Tron will land on the #6 spot on Coinmarketcap.com and possibly higher. With support from trading exchanges like Binance.com, which recently came out stating that they will support and facilitate all needed changes for Tron Mainnet, the Tronix token should have its moment in the, ahem, Sun very soon, possibly leading to a mega-Tron like rally.
Or not, so don't take this as any type of advice, much less trading advice. Consider this more like the delusional ranting of a cryptomaniac.
Full Steem Ahead!
@streetstyle
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Hmm, so you recommend to buy some? Okay, I'll check their latest updates and make a research, thanks!)
Good news.Thanks for sharing it
Cryptocurrency is great, i believe that prices high up soon in crypto market.
thankyOu for sharing this news!
yeah tron ..can be fly.....
thank's for news @ streetstyle
it's great
Great news and the TRON seems to be developing more and more successfully, which deserves our close attention! Thank you @streetstyle
The throne of the new crypto currency should be looked at, everything should be analyzed. If it shows itself for the better, I think it makes sense to invest a little. Thank you for the information.
Man I don't understand why the hell can't they just let it be.
Crypto is freedom and everyone deserves freedom
I agree bro
I'm really scared that they might ban crypto here. It gives me a chance to earn without a 9-5 job and I want that
I hope everything works out
Thanks for the interesting information @streetstyle, I believe that we need to better study the Tron for our investment!
TRON is getting higher, i once told my friends to invest in TRON but they didn't believed me then, gonna show them this and will see their reaction..
P.S we missed the opportunity man