TRON (TRX) Going Down. Perfect Time To Buy?

in #trx7 years ago

TRX has long been the top pick from Black Hat World (a large internet marketing forum), but even the support of one of the largest internet marketing forums couldn't stop the decline. Hit with a steep decline as the pump comes to the end, is this the perfect time to buy?

"Whenever a new cryptocurrency suddenly enters the top 10 ranked by market cap, there is always a concern that it could be part of an elaborate pump-and-dump cycle. Although the jury is still out on whether or not the Tron price was heavily pumped, the currency is losing ground pretty quickly. Just a few days ago, the Tron price was close to US$0.26, whereas it is now headed below US$0.14. It seems this flavor of the week is running out of steam pretty quickly."

Source: https://themerkle.com/tron-price-drops-by-nearly-50-in-5-days-as-pump-runs-out-of-steam/

On top of this controversy has hit TRON as suspicions around the white paper hit.

"The surging cryptocurrency Tron has become embroiled in plagiarism accusations after crypto watchers noticed striking similarities between the project’s white paper and other peer-to-peer project documentation."

Source: https://www.inverse.com/article/40050-tron-trx-cryptocurrency-plagiarism-scandal

I think this might be a perfect time to buy. Buy in the dips.