Tron (TRX) Coin Burn Price Impact

Tron (TRX) Coin Burn Price Impact

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?Tron (TRX) Celebrates its “Independence Day” Celebration. With the Tron Main Net release being reported a resounding success by many, hitting every milestone in their roadmap in stride and with few problems. Tron (TRX) had a VERY successful Bug Bounty with one user reported taking $120,000 USD for finding 12 bugs (10k a piece!) Today marks the day Tron (TRX) separates themselves from the ERC-20 Ethereum Token system that many popular assets are coded in. This independence from Ethereum (ETH) has long been regarded as a major turning point in Justin Sun and Tron Foundation’s vision, and is being celebrated with a coin burn.

Coin burns are exciting for investors because they almost guarantee a degree of value increase – some have been very profitable in assets while others fizzle out quickly. The TRX coin burn will be a popular research topic and should trend well on Google, and we’ll be sure to report any changes; I suspect the TReleases a big tweet at 6am EST/3am PSTReddit has been going crazy under the Cryptocurrency subreddit about EOS. Is EOS a Scam? I really don’t think so. Earlier this weekend I was doubtful considering the Austrailian Government has requested EOS to freeze accounts – but Dan Larimer to the rescue again showing all of us ignorant people that Ethereum (ETH) has the same constitution in place and that this has happened before. It’s interesting that a government is stepping in, could it mean big things for the markets if the SEC and other regulatory bodies will keep their eye on assets in crypto? Probably. All of that is yet to be seen, and we can now breathe a sigh of relief because EOS has jumped up 10% since its recent dip.

Many top analysts are talking big numbers for Bitcoins (BTC) future, while some (very few) are making the argument for a lower low from the major $6k support level we are pretty much at. The longterm fundamentals are great, but those aside Bitcoin (BTC) is seriously running the risk of bottoming out in the coming weeks. Who really knows, comment your predictions and I’ll shout out someone who predicts it right in a few weeks, give a date and a price and whoever is the closest I will personally highlight it in a video 🙂

Could Cardano (ADA) hit $1.00?

Could Tron (TRX) hit $0.25?

Time will tell…

When will the bull run everyone’s been talking about since February happen? This Year?

Many Hardcore Cryptocurrency investors believe in the longevity of this market, believe that through all the ups and downs in the market, despite what the mainstream media says, and regardless of how controversial it may be, that cryptocurrency and blockchain technology are the change society has been yearning for.

Recently the SEC has ruled that Bitcoin and Ethereum are not securities, and it got many discussing the rest of the cryptocurrency market and what is a security.

Along with Ripple and XRP’s continued distinction, and Ripple now having an executive on a Task Force for the Federal Reserve it’s really looking promising for Brad Garlinghouse et al. What does that mean for XRP though?

Comment below and let us know… As well as when you think another bubble will occur, or a bitcoin (BTC) trend reversal will happen, or when a cryptocurrency trend reversal will happen!

?Thanks for watching!?

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