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- TRON(TRX) mainnet successfully launched on 31st May 2018. The TRON Mainnet is live and its “Independence day” is on Jun 25th 2018. On Jun 25th 2018 TRX migration from ERC-20 token to new network. TRON’s mainnet can currently handle 2000 Transactions Per Second (TPS) in comparison to Ethereum MainNet (20 TPS).
- TRON was ranked no#1 on Github in terms of number of commits (253). There are various ways to find actual value of crypto many people use market cap and others look at the number of transaction. Another area worth looking into how many commits and merge.
- Technically, TRON is trading weak and it should break above $0.06730 for further minor jump till $0.0770/$0.08460 (61.8% fib)/$0.10/$0.15.
- On the lower side, near term major support is around $0.0540 (100- day MA) and any break below will drag the pair till $0.0500 (200- day MA).
It is good to buy above $0.06750 with SL around $0.055 for the TP of $0.10/$0.15.
