TronWeekly

Crypto World News

You are here: Home / All Posts

All Posts

Tron Weekly becomes the official media partner of Tron Europe, a long-standing Tron SR

By | Edited By Ali Qamar,,

Tron Europe

If you’re a Tron community member you’ve probably heard about Tron Europe already, maybe even voted for it. If you know nothing about it, there’s no reason to despair, we’ll tell you all you need to know in this article.

Tron Europe is one of the Super Representatives in the Tron blockchain. That means that this is not just any node or user group, but it’s one of the nodes that validates and produces new blocks for the Tron blockchain.

Achieving that status is not an easy thing at all since it requires to be elected by the Tron community, and the voting is a permanent process not something that happens every month, week, year or whatever.

Tron users can vote anytime they want as long as they put some of their tokens in a freeze. The organization has managed to keep elected as a Tron SR for quite some time now by sharing benefits generously with voters.

The goal of Tron Europe is to help the Tron blockchain remain online and to represent and promote Tron in Europe, which is an essential market for cryptocurrencies in general.

TERC

While we’re talking about a Tron-based project and not an independent blockchain, it still issues its own token (though Tron, of course) called TERC (TRON Europe Reward Coin). The cryptocurrency is the fuel behind all of the Tron-Europe’s projects, and it’s also a voting reward.

The token’s supply is limited, so it’s not subject to any severe inflationary pressures. And coin holders get an excellent deal since the organization has a stimulating program to reward them. Some of TERC’s features and benefits are the following:

  • It’s worth 1 TRX.
  • It’s available for trade in several exchanges already.
  • Holders are eligible for many future airdrops.
  • Holders will have zero fee access (or at least attractive discounts) to many of the node’s upcoming projects.
  • The circulation supply rises very slowly thus keeping the coin’s price stable.
  • Holding TERC is rewarded exactly as voting in the Tron SR election.
  • It allows you to join the platform’s decentralized exchange.

This is an important member of Tron’s community because of its geopolitical location as well as its emphasis in sharing the wealth with every supportive Tron community member.

Tron Weekly Journal

And now, Tron Weekly (Tron Weekly Journal) has secured a new strategic partnership with Tron-Europe. The leading Tron news portal has become the official media partner for their upcoming community event.

The Tron Weekly Journal is another valued member of Tron’s community. The platform is an online news platform which seeks to gather in a single source all the relevant news about what’s going on in Tron all over the world. This initiative is beneficial for anybody interested in Tron at all because the network is so active and the Sun-led blockchain has grown so quickly that it’s just impossible to keep up with new developments by looking for the news on your own all over the web.

As of now, Tron Weekly Journal is Tron-Europe’s official media partner. Representatives from both projects will meet in Berlin on coming Saturday, April 27th to shake hands, get to know each other, and discuss how the new partnership will improve and expand the potential in both projects.

We salute all useful collaboration initiatives within the Tron network. Decentralize the web!

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

XRP price prediction: Ripple’s outlook for the year

By | Edited By Ali Qamar,,

Ripple’s fundamentals

A few weeks ago, Ripple’s XRP shook an already shaken crypto verse by taking the second spot by market capitalization over form Ethereum. It didn’t last too long. XRP went back to its usual (and quite worthy) third place again before too long. This could be just a random anecdote or taste of what’s in the future.

The XRP cryptocurrency has considerable leverage over the crypto verse because of several reasons, one of which is the platform that supports it. That’s Ripple. Unlike most of the other digital coins in the cryptosphere, XRP and Ripple have been moving for years towards a particular long-term goal which is adoption by the world’s banking and remittance system so that friction in international transfers is lessened or eliminated entirely.

In that sense, Ripple and its coin have a character that you don’t find in other blockchain projects. Think about projects like Litecoin or Bitcoin Cash. They are merely Bitcoin in a different, lighter flavor.

So while they have something to offer (more energy efficiency, basically), they’re mostly the same as Bitcoin, so their innovative credentials are null. Ripple, on the other hand, is different in its purpose, technology, and almost every other imaginable way.

Ripple’s focus

The Ripple project was founded in 2012, and even back then it already had a focus on the transfer of value between banks and beyond borders. And in this case “value” doesn’t mean fiat money only but all kinds of other financial instruments. Ripple even had a smart contract platform ready for deployment before Ethereum (which is essential because that’s the technology that became Ethereum’s claim to fame), but it dropped the project to concentrate in its flagship project.

Banks were not overly enthusiastic about Ripple’s currency, network or technology. The crypto verse wasn’t any friendlier as crypto purists resented a blockchain project helping the very system that Bitcoin is supposed to bring down. But after almost seven years of hard work and many successes under the firm’s belt, have persuaded many of the world’s more influential banks and, over the last few months, new banks have been lining up to work with Ripple.

Economists have famously said that any economic crisis is an excellent opportunity for creativity to surge. It must be noted that they’re painfully correct and the long crypto winter has indeed boosted innovation in the crypto environment, and Ripple has been among the primary beneficiaries.

Ripple’s technologies for the facilitation of payments (xRapid, xCurrent) are gaining adoption at least as testing programs in hundreds of banks in the world, and this affects XRP noticeably. The coin has a user base that, unlike the rest of the cryptosphere, is not comprised of retail investors or individuals but of banks and large institutional users which is a substantial and stable base. This is a massive advantage over every other cryptocurrency (with the possible exception of Stellar Lumens’ XLM, more on that later) in the world.

Stellar Lumens

Ripple was alone in its ambition until recently. Stellar Lumens has been trying to disrupt the very same market as Ripple. Both projects are very alike for several reasons. Stellar started as a fork in Ripple’s technology and blockchain, and it was founded by Jed McCaleb who left Ripple (which he also founded) to start Stellar. So Stellar knows Ripple almost as well as it knows itself and it’s now in direct competition against it.

Stellar Lumens’ technology is inferior to Ripple’s to be sure. But IBM has adopted Stellar as its blockchain of choice, so every future interest IBM could have for blockchain projects will be developed and deployed using Stellar. This is huge.  Do you remember what IBM’s support did for Intel or Microsoft? Well, by that token (pun intended) IBM’s influence alone could turn Stellar Lumens into the crypto verse’s Intel or Microsoft.

Both technologies could complement each other as Stellar has the consumer aspects of its technology very well developed while Ripple has achieved some outstanding results in the enterprise side of things.

Both are cheaper and faster for customers and banks than the available traditional options. So between both technologies, they could take over the market in the future. And that will increase dramatically the trade volume for both coins as well as the demand. That’s how a token’s price goes up steadily.

In brief: Ripple’s fundamentals are the most solid in the crypto world (with Bitcoin being the only possible exception). And that’s why it overtook Ethereum at the second spot a few weeks ago.

Also, it’s been the most profitable cryptocurrency for two years in a row, and it could reclaim the title for this year. So, all other things being equal, Ripple keeps reporting great news, announcing new partnerships. It will be a good year for Ripple as a company and for XRP as a cryptocurrency.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Bitcoin price prediction April 24th

By | Edited By Ali Qamar,,

It was a green day for Bitcoin, yesterday (April 23rd). The token spent the day enjoying a bullish trend that took the price up to $5500. Bulls dominated for the most part, but they couldn’t bring the price any higher or sustain the maximum price. The coin’s value fell back to the 26-day EMA support level. The overall result is that we’ve seen Bitcoin bouncing between 5k and 5.4k for two days.

Technical analysis standard lore says the price will increase again until it tests the USD 5,340 resistance level, the point at which the price either goes back down or skyrockets. At the same time, the MACD line and the signal line are signaling “buy” since they’re above the zero lines. The price is above both the 12 and 26 days EMA which is yet another signal of a bullish trend.

BTC/USD in the short term is bearish

The 1-hour chart shows a bearish trend. The bulls went all the way to USD 5.340,00 but got stuck at that level, and then the bears took over and sent the price back down by USD 100,00. The hourly EMA signals (12 and 26 days) point to a falling price.

If the bearish trend goes on and the support level is broken, a price of USD 5.100,00 is not out of the question.

The MACD and signal lines are above the zero line; so there’s an active buy signal. But the 12-day EMA is in selling mode because the price is lower than the indicator and than the 26-day EMA as well.

So what does it all mean? This is not a good day to make a buck trading BTC quickly. If you get in the action, chances are you won’t see any profits if you’re not willing to wait at least for a couple of hours, assuming that you’ll be able to gain anything. Why do we say this?

Because trading in Bitcoin is always risky. Also, weekends are mostly slower in the cryptocurrency market, all institutional players are off the game because Forex, the stock market, the commodity markets, and every traditional financial market go offline today at 17:00, New York time and won’t come back online until the Asian session starts again on Sunday, when it’s 9:00 in Wellington, New Zealand. Liquidity decreases over weekends which increases volatility.

This article does not constitute financial advice of any kind, but it’s merely documenting our market observations, the fact is that nobody will become a Bitcoin millionaire over this weekend. No, it’s not written in stone, but we’re pretty sure.

So the smartest move would be to close down all your green postures and be patient. Next week will be a new week, and as it progresses, the market conditions will be more evident than over the weekend, as always. Weekend trading is riskier than average, and only seasoned experts who know to take advantage of sheer market noise can make money. If you’re more of a hobbyist, patience is your friend.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Bitcoin recovery receives dreadful warning from a top financial analyst

By | Edited By Ali Qamar,,

Ever since that mysterious Asian investor (or a group thereof, nobody knows for sure so far) placed that big buying order for Bitcoin last April 2nd, the Bitcoin market has experienced something that looks like a bullish run, but that could still not be. The effect hasn’t been limited to Bitcoin.

Because the mother of all cryptocurrencies is so influential in the cryptosphere by being the largest one and also by being the main base-currency in most crypto-to-crypto exchanges, what’s good for Bitcoin is good for almost all crypto coins. So the whole market has been going up for seventeen days now.

Bitcoin’s price grew at epic proportions during 2017. During that same period, the ICO mania that seemed to take over the crypto verse pushed the price of most tokens up to never before seen levels. The peak came on December 17th with Bitcoin above USD 17.000,00.

And then the next day arrived. With it came the bearish run that gave us a crypto winter that has taken away about 85% of the market’s value and that’s lasted for more than 16 months. The 2018 events forced many reputable (if over-optimistic) analysts to swallow the words they said or wrote over how good 2018 would be for crypto.

And that’s where we stand right now. At a point in which the last few weeks have been good for the market, but the harsh winter’s memories are still too fresh to be too optimistic. Is the current market status the beginning of the next big bull market or just a reaction to that now legendary buying order?

An expert opinion

One of UBS’ main tech analysts has something to say about the current situation, and while he’s not prophesying any doom scenario, he’s not all that optimistic either. In his analysis, the recent recovery (which has been modest, anyway) doesn’t mean that Bitcoin will recover its previous high levels in the short term. Not even if it’s gained about 40% for the last four months.

While Bitcoin’s price lost a lot of value during 2018, it gained in another critical aspect: stability.

That’s an essential feature for analysts because it tells them (or so they tell us) that we are going through a bubble-busting phase. “The argument here is that bitcoin has gone through its bubble phase and is ready to rise phoenix-like from the ashes just as other assets and indices did in the past,” wrote Kevin Dennan (the UBS analyst) in a research memo for customers.

Mr. Dennean drew parallels between Bitcoin’s 2017 bonanza with previous (and notorious) bubbles such as the Dow Jones before the Great Depression, the 1989 Nikkei fiasco, the dot com bubble in the ’90s, oil in 2008 and China’s most recent stock calamity.

“We’re struck by how long it took other asset bubbles to recover their peak levels (as long as 22 years for the Dow Jones Industrials) and how pedestrian the annualized returns from trough to the recovery often are,” Dennean added.

If Bitcoin follows on the Dow Jones footsteps after 1929, Bitcoin holders would need to wait 22 years before they can recover their December 2017 investments. With an added problem. It was World War II and its aftermath which prompted that recovery, and no such catastrophic event insight would boost Bitcoin back up.

Mr. Dennean referred to several asset classes that lost more than 75% of its value after peaking. Only two of those ever went back to their highest levels.

Perspective

The kind of analysis presented by the UBS expert is quite valuable insofar as it promotes prudence. Too many optimists are already persuaded that the bearish winter is already over, and that’s a dangerous position to be in, especially if it turns out to be incorrect.

That being said, the crypto verse is an entirely different animal from the stock market, forex, commodities, or any other traditional financial market. Over the decade Bitcoin has been around, we’ve seen it go down by 80% or more about four times already. Each time it’s bounced back with a vengeance to reach even higher levels.

So we do not doubt a recovery. It will come in the future, and it will make 2017 look like small potatoes. When will that happen? We have no idea whatsoever. But you should keep in mind that neither does anybody else.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

The ultimate Tron (TRX) price prediction for 2019

By | Edited By Ali Qamar,,

Tron is a third-generation blockchain platform that allows you to develop, deploy and store smart contracts and decentralized applications. It also facilitates the process of publishing content (especially multimedia) and data. That set of features makes this blockchain particularly attractive as an entertainment platform. It also makes the network very versatile and ensures that plenty of applications and use cases are available for the blockchain and its native token, Tronix (TRX).

The newest blockchain projects are very much about new use cases and applications for the blockchain technology, and they’re not exclusively centered on supporting a cryptocurrency (like it happens for Bitcoin, Litecoin, or many other blockchain networks).

That being said, cryptocurrencies are still investment assets as well, and it behooves any potential investor, such as you and me, to look into any specific digital coin in that way to figure out if it’s the right choice for investment or not. In this article, we’ll try to answer that question for Tron’s TRX.

Tron price predictions for the current year

Investingpr.com expects TRX to reach USD 1.00 before a lustrum. Some would say that’s quite a conservative forecast, but it would make Tron a good investment option as it represents a 3800% increase in price over its current level.

The driving force behind Tron’s rise in value will be the platform’s usefulness, user base, and future extended usage. More developers are expected to adopt the platform (it’s grown incredibly fast already) to deploy their projects, and all those new contracts and applications will attract new users, increase trade volume for TRX thus supporting the token’s appreciations.

Tron is also engaged in making sure that developers have an easier time publishing content. We’re talking about one of the very few blockchain networks which facilitate content publishing without any restrictions. That’s how versatility is promoted in the application menu available in the platform.

More applications mean more usability. Which, in turn, means more users, more circulation for the token. And all those factors boil down into higher market prices. So the platform holds immense technological potential which will support an equally vast potential for the currency.

So if you’re interested in becoming a Tron investor, this could be the right time to get in the game as the price is currently meager at $0.026159 and rising in value overall. Mind you; the rising trend is for days, not for hours, so don’t go in if you’re looking to use TRX as means to do day-trading. At least not in the current circumstances. But Tron’s potential for future growth is indeed very high, so it’s worth examining the project and its market position.

The digital asset is performing ok in the crypto markets so far. The blockchain’s mission is to decentralize the web. No central servers, no central authorities. It would be something like the web running on the BitTorrent network (which is already owned by Tron, by the way). The result would be a free planetary international content platform (probably heavily focused on entertainment) that will allow people to send, upload, download, retain, share or store all kinds of content.

Tron was founded by Justin Sun, who serves as the Tron Foundation’s CEO. Most of the Tron’s activity is centered in Mainland China, but the Foundation is a not for profit organization established in Singapore, which is a country/city in which many other members of the blockchain industry have set up shop to take care of their Asian operations.

Most of Tron trading takes place in Binance. About 75%. This is no surprise as Binance is the world’s largest cryptocurrency exchange in the world, and it’s one of Tron’s most important strategic partners. They’ve launched several projects together (like the BitTorrent Token initial offering, which will be the digital asset fueling the new BitTorrent network that will run on Tron’s blockchain).

Tron’s TRX is currently ranked at the eleventh spot in the world by market capitalization which is quite a feat for a project that’s barely 1.5 years old.

So the project has a lot of potential both as a technology and as a crypto coin which is why many analysts are forecasting exponential growth for the token during this year. The forecasts come in all shapes and sizes, and we’ll share some of them with you.

Some analysts are talking about USD 3,75 in the upcoming 90 days. Some are even predicting a peak value of USD 12,00 sometime during 2019. Long-term analysis done in the same spirit by other experts points out to USD 52,19. This would be fantastic news indeed, but we find all of the predictions in this paragraph to be a little bit too optimistic. Not because Tron lacks potential, but because each of those forecasts implies an explosion in value that’s probably never been seen in the crypto verse in such a short time.

Tron’s strategic partnerships strategy

Meaningful strategic partnerships go a long way in any industry, and Tron is working very hard to secure many exciting partnerships that enhance its project’s potential. And it already has many of those under its belt.

Further project development

The project’s leader, Justin Sun, is on the record announcing that Tron already has more distinctive addresses than EOS, and more new addresses in first ninety-five days after it launched its main net than Ethereum during the same period. Mr. Sun also announced Odyssey 3.1, which will be an update for the blockchain. According to the promised specifications, it is going to be faster than ETH (200x) and cheaper than EOS (100x). Sounds too good to be true?  Maybe. But Tron has us used to delivering in every promise, always on time, and ever as expected.

Tron’s technology includes a virtual machine (TVM – Tron Virtual Machine) which is a plus. This enables developers to write their code in any programming language they fancy, then let the virtual machine deal with the details in making it work on Tron’s blockchain. This is a far cry from Ethereum’s developmental process that requires developers to learn how to write code using Ethereum’s very own native programming language. Talk about openness and versatility.

So the network has developed significantly over the last few months, and we’ve just scratched the surface. For instance, we haven’t gone into detail about Project Atlas (BitTorrent’s integration), or about the Tether re-deployment of the USDT stable coin as a Tron-based cryptocurrency that will now run on Tron’s blockchain just to mention a couple of milestones that have been commented extensively in the crypto verse.

The project’s adept management, superior technology, and bullish community increase Tron’s potential even further. That makes for rock-solid fundamentals that can only mean that the coin’s price will reflect the network’s success very shortly.

Mr. Sun is also in excellent terms with many of the world’s leading exchanges (Binance, BitForex, ShiftMarkets, and OTCBTC, for instance). The BitForex partnership will be particularly relevant when a bullish run comes to Tron, and we’ve already referred to joint work done with Binance.

So TRX is slowly but steadily acquiring authority as a cryptocurrency, and it’s been a profitable option. Its low price makes it very accessible for retail investors, and while its use cases remain mainly limited to the decentralized applications in the network, the Foundation is working in expanding its payments system so you will soon be able to use it to pay for your groceries at brick-and-mortar stores near you.

2.78 USD by coming September

That’s what many reputed crypto analysts we know think. Analysts are assuming that September will see Tron’s price at USD 2.78 because of the strong fundamentals supporting the coin. Besides, Tron’s definitely been trending upwards during the year.

There are further predictions, but before we delve into highly speculative forecasts (and make no mistake, that’s what they are), we will start by talking about the big elephant in the room. The cryptocurrency market remains very volatile, so price predictions are an incredibly difficult task, even if you’re an expert in technical analysis or in any other traditional speculative market (stocks, forex, commodities or whatever).

We will give you a series of predictions by several organizations and personalities in the crypto verse for the sake of completeness, but you should have a grain of salt ready for every prognostication.

New investors will arrive from the payment platforms (think PayPal), and that will make the token’s value go up to USD 1,5.

Potential for mergers: Mr. Sun is Jack Ma’s close friend and protegé. He studied under him at Ma’s Hupan university. And a little help from Alibaba could go a long way in establishing Tron as one of the crypto world most relevant players. This is not written in stone. Neither Tron nor Alibaba has ever announced plans to collaborate in any way at all, but the close relationship between the project’s founders keeps the doors open for anything to happen.

So what will make Tron grow?

Partnerships. Some massive names in the entertainment industry are already Tron’s partners. Game.com, Bitmain, UPLive, oBike have all signed up already. They are enhancing the network’s popularity and user base. That, in turn, will bring attention to new potential partners. It’s a virtuous circle. In the past, partnership declarations have influenced the TRX price.

Good PR and Marketing. Mr. Sun is very adept in implementing marketing, and public relations strategies as it’s shown by how he uses his Tweeter account. He’s also been listed in “30 under 30” of Forbes, and he already boasts a proven successful track record as a tech tycoon being Peiwo’s founder which is the leading messaging service in Mainland China where it’s giving a run for its money to Snapchat and other Western competitors. His close ties with Alibaba’s Jack Ma are not precisely hurting his influence and reputation either.

Speculation: the TRX price went up by 3.650% from December 9th to January 9th, 2018. That is more significant because of timing. It happened as the crypto winter was arriving (December 18th, 2017) so this was a token that managed to grow in value as the whole of the market was receding. The rise came about because of rapid growth, mainly.

Potential: Tron vision’s and mission’s ambition is just tremendous. It’s to create a web in which the usual central authorities (Apple, Google, Youtube, Facebook, Microsoft) become irrelevant and powerless. Sounds like too much? Well, it is, to be sure. But keep in mind that we’ve seen this kind of revolutions several times over in the digital environment.

Microsoft, Yahoo, Google, YouTube, Amazon, eBay, all seemed quite inoffensive in the beginning and turned out to disrupt the technology world, the internet, even the world itself in meaningful ways. Tron could follow in those steps. Is that the most likely thing in the world? Maybe not. But it’s possible for sure.

What could hamper Tron’s growth?

Focus on a single individual. Yes, Mr. Sun is a competent administrator, and he’s become something of a charismatic leader. But some critics believe that Tron’s actions rely a little too much on the founder’s prestige.

If Mr. Sun was to be involved in some kind of scandal and his reputation was questioned, the effect on the project could be lethal. This was close to happening not too long ago as the Tron community was divided about the delivery of a Tesla car as the prize for a competition.

By contrast, Satoshi Nakamoto (Bitcoin’s founder) holds a heroic status, but he’s remained silent for the best part of a decade. Another example? Linux is an example of a disruptive project, led by a founder (Linus Torvalds) who is still in charge of the kernel development process but keeps a rather low profile. There’s nothing wrong with Mr. Sun enjoying a little attention and being on the limelight. But he gets lots of attention and is on the spotlight all the time.

Perception of marketing. As stated before, Tron’s marketing is very effective, but some people find it irritating or controversial, to say the least. Even bullish community members are not always on board with the Foundation’s marketing schemes. Overhype tends to get people’s attention and create manias, which are good while they last. But then comes a correction, which is like a hangover.

Plagiarism: This is old news, but it happened. On January 2018 some allegations surfaced about Tron’s white paper being plagiarized from IPFS and FileCoin. Mr. Sun did some damage control through his Tweeter account by arguing that the lack of references (among other issues related to the white paper) resulted from translation errors.

It’s been a while, and while there was some damage to the public’s perception, it’s been mostly irrelevant so far. But it’s the kind of thing that could come back to haunt the project in the future.

Lack of adoption: adoption will be the key for every single cryptocurrency and blockchain network on the planet. The game is all about bringing the asset and the technology into the mainstream and have otherwise crypto phobic users involved. Tron’s objectives mean that its competition is not going to be Bitcoin or any other blockchain project. Not even Ethereum nor EOS. It’s going to be about facing and beating Google Play, Facebook, Instagram and YouTube at their own game. It’s a tall order.

The competition

Tron’s aims may be huge, but they’re not unique, as other platforms (some of which are also blockchain-based) are trying to do the very same thing. Tron’s network is superior in the crypto verse, but how it compares to a handful of crucial other projects will be very important for the future. Here are Tron’s competitors:

The value of Tron (TRX) in the months and years to come will, in part, be driven by how Sun-led blockchain compares to other rivals in the entertainment content market online. The leading entrants worth watching closely include:

The usual suspects: there is no shortage of content platforms on the web (and we mean the desktop and the mobile web). Twitter, Facebook, Instagram, iTunes, Google Play, YouTube.

It’s not even a remotely extensive list, just the most prominent names that control the best part of the industry’s traffic (thus deciding how content creators can monetize their work). Each and every one of those platforms is quite powerful, and it’s not going to welcome any competition readily. Tron will be burdened with offering itself as a viable option.

LBRY: it’s a community-run marketplace and digital media library built around the central aim to fight censorship and authority centralization. Users can upload their own content, set their very own fees and decide how their work is propagated through the network.

Po.et: also based on blockchain technology. It enables creators and publishers to manage their digital media while awarding them with indisputable ownership proof so that there’s no confusion about attribution.

SingularDTV: something of a blockchain-based YouTube clone platform.

Tron and the future

The next few months will be determinant for Tron’s future just as the care you give to a plant is crucial for the adult’s plant condition.

Mr. Sun’s performance will be critical as well. He’s something of crypto celebrity who inspires only black and white opinions. Either he’s a genius; as influential and important as the great Elon Musk is for Tesla or a text plagiarist with a taste for deceitful marketing. Love him or hate him, Mr. Sun has been Tron’s driving force since its foundation and evolution.

But no factor is going to be more relevant for the project’s success than mass adoption. Adoption for the TRX token, for sure, but also for BTT within the re-branded BitTorrent network and of USDT-Tron. Tronix (TRX) may be the project’s original digital asset, but as the project has developed and expanded into new directions, the performance of the other two coins will be critical as well. The three will influence each other because TRX is the base currency for the other two, and the three will be the currency in the whole Tron network, or at least in some specific sectors, especially BTT.

But adoption also goes to technology. Tron will have to attract bloggers and YouTubers to do their thing using Tron’s platform instead of the usual centralized websites. And as they come and try it out, the network must remain fast, reliable and cheap to use.

So you put all that information together and trying to see Tron’s future clearly turns out to be very complicated. While there’s no doubt about the solidity in the project’s fundamentals, it’s also true that the project aspirations are formidable which means the challenges that must be overcome are every bit as significant. And chances are that they will be hit and miss, partial advancement is welcome as part of the process, but not as a final result.

And as all that is in the process of becoming a reality, the Tron Foundation and its leader must find a way to stay away from any kind of controversy even if that means to sacrifice a fraction of the attention they both get from the crypto verse.

Conclusion

There’s a lot of promise in Tron as a platform and as a cryptocurrency too. But the road ahead is going to be bumpy. So far, everything has been peachy. Even the white paper scandal didn’t make much of a dent in the boss’ and the project’s reputation. The new Main Net worked great from the beginning, and it’s gained new users, deployed new apps and contracts at higher speeds than any other project.

Tron has made no mistakes, and it’s going forward with a steady pace, growing at a time in which most other blockchains are shrinking, and delivering on every promise in a timely way while meeting expectations. If they keep on going like that, things look bright.

BitTorrent will be merged into Tron’s network soon thus turning it into the world’s largest decentralized P2P network. We are talking about hundreds of millions of users scattered everywhere on the planet. Most of them don’t care all that much about crypto, so chances are they will stay away. But even if just a few realize the changes in the network and become interested in Tron, their sheer force in numbers could propel Tron beyond Mr. Sun’s wildest dreams.

So Tron’s path so far has been excellent. Achievements have been great as well, but challenges are on the same scale.

So, should you become a TRX holder? We haven’t got the slightest idea because it’s up to you. You will need to carry out your own research (starting with this article, maybe) and keep up with Tron’s news to make an informed choice.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

It is the ‘time to buy’ Bitcoin (BTC) again, a new report says

By | Edited By Ali Qamar,,

Adamant Capital is a Bitcoin alpha fund funded by Tuur Demeester, who is ranked by hive.one as the ninth most influential personality in the crypto verse. His company just published a new report featuring a bold conclusion on the current cryptocurrency market: the crypto winter is about to finish (but not yet), so this is the time to buy Bitcoin while is cheap in preparation for the ‘next’ bull run.

It’s not a first time for Adamant. It published similar reports in 2012 and 2015 explaining that Bitcoin was severely undervalued both times and they reported so.

“Now, at 75% below its 2017 all-time high, we believe the current bear market represents an exceptional opportunity for value investors,” write Mr. Demeester and another Adamant Capital expert, Michiel Lescrauwaet.

There is a jargon expression for this kind of thing. It’s called “accumuation phase” because this is when you buy (cheaply) as much as you can of an asset, and then wait for the market to turn upside down.

The current Bitcoin accumulation phase, according to Adamant Capital, will see BTC trading in a zone defined between USD 3k and USD 6.5k. The fund believes that the market capitulated (which is jargon for general panic) on Bitcoin during last November 18th. A lot of investors got out of the game, especially retail ones, affecting a 48% drop in price.

The report explains that retail speculators have fled the market several times in the past, and they illustrate and support their observations with several historical data points. And they left again about five months ago. Chances are they will keep away until the crypto summer begins.

It uses Google Trends data to show how retail investors are apathetic and disinterested based on the diminished number of Bitcoin-related google searches which are at a low ebb not unlike that of March 2017, at the time when the price was moving around the USD 1.5k level.

Decreased volatility also seems to show that retail investors are gone for now, according to the report, “High Bitcoin volatility can be a proxy for the involvement of trigger-happy retail speculators, whereas low volatility tends to coincide with phases of consolidation, apathy, and accumulation.”

The Hodlers make a comeback

Adamant’s report also boasts the market roles of long term Bitcoin holders. They’re known as hodlers. Standard crypto lore says they have the most significant influence on Bitcoin’s price. This notion was “officially” presented in a paper published in 2014 more as a technical resource than as an empirical fact. That being said, the idea is consistent with supply and demand and all we know (which is not all that much) about monetary theory as it applies to cryptocurrencies.

Hodlers stick to their Bitcoin tokens because they genuinely believe in the currency as a means to store wealth. But also because (some of them) consider in its future prospects as a genuinely viable option to replace fiat money all over the world while day traders just want to make a profit and leave. Another characteristic in the hodler’s attitude is that he’s not afraid of the dips.

For him, those are great opportunities to buy at the lowest possible price and then sit and patiently wait until the market goes back up. This crypto tribe is playing based on the fundamentals and strictly for the long run. Some of them are planning to keep their tokens out of circulation until they’ve made them rich.

Some others, until Bitcoin is ubiquitous and it better fulfills all the roles that authentic money is supposed to. Their lemma is “by the time we’re ready to cash out; we won’t have to sell.” That assumes that, by then, Bitcoin will enjoy wide mainstream adoption and it will be global and immune to politics.

It’s tough to pinpoint the hodler’s effect on the market price, but it’s not impossible. Bitcoin’s blockchain is transparent so, if you do your homework, you can figure out which wallet addresses are holding steady amid price panics.

So how do hodlers affect the market? By lessening inflationary pressure. Remember that Bitcoin was designed with inflation-control in mind since its very inception. That’s why only 21 million tokens will ever be mined. Hodlers take coins out of circulation hence producing deflation and increasing price. Yes, that remains highly theoretical, and nobody has been able to come up with a set of hard data that can prove this beyond any reasonable doubt.

In Adamant Capital’s view, hodlers were increasing their positions during most of 2018, taking advantage of dips, hoping for the prices to rebound. Then the whole market gave up. “That all changed in November 2018,” the report reads. “As the price dipped below $6,000, holders panicked and sold off coins. From November 14 to 16, over 70,000 Bitcoin days were destroyed, which was the biggest move of old bitcoins since February 23 of that same year.”

The report continues “Indeed, a lot of institutional investors got cold feet in late 2018, which we learned from talking to connected brokers and investment banks.”

Things seem better

The report sees an improved market sentiment. That happened as the new current year began. And it identifies something of a pattern that resembles those we’ve seen in previous Bitcoin roller-coaster cycles.

It informs,

“We can see that the 2018 drawdown of 84% from the all-time high is on par with drawdowns from previous cycles (-92% in 2011 and -85% in 2014-15). In our opinion, the parallel with previous cycles is sufficient to validate our thesis that we are back in undervalued territory.”

Adamant identifies this as a natural process by which Bitcoin’s operations are mutating from high-volatility cycles to more stable ones in which volatility is not as bad (but not lacking either, at least until it achieves its final stability state, which is not going to be anytime soon).

“While the markets could dip back down for a re-test of the November lows (or lower still) to further digest the hundredfold run-up of 2015-17, we feel strongly that Bitcoin is undervalued at these prices,” says the report.

Final thoughts

The report’s information and conclusions are quite impressive. It’s not overly optimistic as it’s not saying that the already protracted crypto winter is over, which has become something of a rule among a few analysts over the last couple of weeks. Rather than encouraging readers to get back in the Bitcoin game because of the potential short-term profits.

It instead explains that there’s still an uncertain period ahead that’s not a bad thing at all as it allows buying relatively cheap tokens that will go up in price significantly as the new bull run arrives. It’s optimistic, but it keeps the reader’s head cool.

We encourage anybody seriously interested in the state of the Bitcoin market to read this document with the utmost attention. It will be useful even if your cryptocurrency of choice is other than Bitcoin because the status it holds as the mother and father of all digital assets makes it exceedingly influential. When BTC price goes up, it drags the whole market upwards and vice-versa.

But also keep in mind that the cryptocurrency market is still very young and it’s not mature yet. The stock exchange has been around as a market for centuries, and even experts are still not sure how it works, and those very same experts don’t dare to mess with Bitcoin, for the most part, because it’s even harder to predict.

So when it comes to the crypto verse, nothing is written. There are no guarantees. Risks are there, and they can be very high. But that’s why it’s so much fun too, right?

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Ethereum founder Vitalik Buterin couldn’t intern at Ripple in 2013

By | Edited By Ali Qamar,,

Vitalik Buterin, Ethereum’s founder and leader (hence the man who created second-generation blockchain technologies) tells the world how he tried to get an internship at Ripple Labs in San Francisco –and failed in a casual tweet.

According to Mr. Buterin, he tried to work at Ripple as an intern during mid-2013. That’s the same year in which he started to develop the project that later became the Ethereum blockchain and network. The reason that kept him away from the company behind the XRP currency was red-tape related to the American visa.

Ethereum’s creator is not a young developer looking for work anymore, but one of the world’s foremost experts in cryptocurrencies and blockchain technology. Oh yes, he’s also a cryptocurrency millionaire. But aside from his personal wealth, his network was the first one to support the development and deployment of decentralized applications and smart contracts.

That achievement has given his network and himself a vast prestige that remains current today, even as the Ethereum network faces significant challenges at the present time. He said that the reason he couldn’t make it to Ripple as an intern was that the company was newly founded.

In his own words:

https://twitter.com/VitalikButerin/status/1119148572107165696

Mr. Buterin needed a visa so he could pursue his career inside the US as he is Russian. And he’s not alone in being denied working options because of visa problems. His shared his “fun fact” to complement a message posted by Brian Armstrong (Coinbase’s CEO) in which he was detailing how Eric Yuan (Zoom’s CEO) was denied a US visa for eight times in a row. That didn’t stop Mr. Yuan’s career who now enjoys an excellent reputation in the technology world.

And the lack of a visa didn’t stop Mr. Buterin either. Ethereum is more prominent and more influential in the crypto verse than Ripple, and its cryptocurrency is also more substantial than XRP.

XRP is indeed augmenting its use in the banking and remittance industry. But a recent revelatory study reveals that about half of Forbes Billion dollar companies use the Ethereum blockchain in one way or another. And Ethereum’s blockchain is several years younger than Ripple’s, so it’s gained more acceptance in less time.

What would have been of the crypto world should Mr. Buterin been able to work at Ripple? Maybe it would have enhanced his creative drive. Perhaps we wouldn’t have an Ethereum network. It’s utterly impossible to know for sure. But the one thing that remains clear is that apparent failure to achieve a goal in the immediate future doesn’t necessarily mean that a person’s plans or future success are done for. Mr. Buterin and Mr. Yuan are living proof to that effect.

The anecdote also speaks about Mr. Buterin’s resilience, which is going to be a vital asset if Ethereum is going to overcome its current challenges. For the last few months, the network has been facing direct competition from Tron, EOS and other third-generation blockchains, and it’s not been faring well.

Ethereum has been falling behind mainly because of performance issues and the price of gas, which is expensive when compared to the low costs in more up-to-date and better-performing blockchains. And that’s why the project needs the founder to set things straight.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Is Bitcoin really killing the environment? No, that is just FUD

By | Edited By Ali Qamar,,

We are all aware of China and its hostile history towards cryptocurrency. It was merely a few weeks ago that the NDRC put a draft forward to ban cryptocurrency mining in the country which now awaits the approval from the public.

Perhaps, most critics of this rapidly growing industry claim that mining cryptocurrency uses a lot of energy which they later translate that bitcoin (BTC) mining is behind killing the environmental.

However, the approach to crucifying bitcoin is wrong. We should instead start by asking how much pollution bitcoin mining produces to be rendered an enemy of the environment.

Bitcoin Mining Far Behind in Energy Consumption

It’s true that mining cryptocurrency uses a lot of energy. And it’s also true that environmentalists repeatedly have targeted bitcoin of late. However, to have an intelligent debate, all facts must be brought onto the table.

It’s misleading to attack cryptocurrencies for environmental impacts especially when we have more prominent players on the front foot.

Do you drive to work?

Yes, cryptocurrency mining uses a lot of energy, but it doesn’t create any significant pollution as automobiles do.

In fact, according to one Twitter user (@khannib), bitcoin mining for the past ten years, has consumed energy as much as US cars do in just three days. Can you imagine that?

Moreover, comparing the electricity used by the global banking sector with that of bitcoin, the later consumes relatively lower. Besides, bitcoin’s energy consumption unlike most in the banking sector is energy renewable.

Furthermore, bitcoin’s proof-of-work (PoW) model is getting more less costly as the algorithm-cracking becomes energy-efficient as a result of technological innovation. Therefore, the energy consumption of bitcoin will only improve with time.

Then What’s the Real Problem?

Clearly, environmentalists, the argument has to be that Bitcoin mining is not the enemy. Energy usage should never be the problem; instead, the way we create the energy should be the problem.

If we could be talking about prohibiting bitcoin mining due to cost issues and not environmental issues, then apparently that could make some real point. For instance, as much as it doesn’t matter how much electricity is needed for bitcoin miners, it’s good to reduce energy consumption.

Therefore, bitcoin is not the producer of energy but only uses it. The ones producing it should be in question as environmental enemies. Blaming cryptocurrency mining for not being green enough is ironic; maybe we should shift the blame to the banks.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

What will blockchain technology do for us besides its current uses?

By | Edited By Ali Qamar,,

It’s a good question. Blockchain technology has been hailed as one of the most revolutionary pieces of new technology ever to grace mankind. The blockchain was invented by the mysterious and legendary Satoshi Nakamoto with one objective in mind: to have it as the underlying technology that allows for the creation of a digital currency that would end up doing away with the traditional fiat currencies and with the conventional banking and money management system.

So cryptocurrencies were the reason for the blockchain to be created. They are still the blockchain’s primary application, but even that application has evolved over time. Vitalik Buterin created a second-generation blockchain implemented as Ethereum which was more than the substrate for a digital asset. It’s a programmable platform that allows for the development and deployment of smart contracts and decentralized applications.

Then arrived third generation blockchains (Tron, EOS, Steemit, and others) which include a native cryptocurrency in the network but that are not all about supporting a coin. Tron, for instance, wants to use blockchain technology to decentralize the world wide web. The Tron Foundation also bought BitTorrent a few months ago, and it’s working hard to merge BitTorrent (the world’s largest decentralized and P2P network by far) into Tron’s blockchain.

So far we’ve described the following use cases for blockchains besides issuing cryptocurrencies: smart contracts, decentralized apps, content sharing through BitTorrent and web content decentralization. But there’s a lot more. There’s a web site that uses a custom-made blockchain to feed chickens in farms, just to give you an example of a use case that’s 100% down to earth and in an industry that’s not very usually thought to be very tech-savvy.

What else is there? David Schwartz speaks

Blockchains are powerful, versatile, and very new in the world. They empower computers and the internet in a way we’ve never seen before so it would behoove us to wonder what else they could do that they’re not doing yet.

The Quora website asked this question recently, and they had a new answer authored by one of the world’s foremost authorities regarding blockchains. We refer, of course, to David Schwartz, Chief Technological Officer for Ripple.

Mr. Schwartz has been working on blockchain technology for years, and he’s the man responsible by Ripple’s astounding success (at least about the technical part), and he’s also responsible for keeping Ripple’s blockchain network current, updated, and working correctly. While he’s not the project’s founder (let’s not forget that the actual founder left Ripple behind so he could start Staller Lumens), Mr. Schwartz’ work is critical for Ripple, and his expertise is beyond any doubts.

So what did he answer? We’ll tell you.

Currently obvious uses

Settling payments and storing value would be the most evident use cases for the blockchain according to Mr. Schwartz. This, of course, is quite obvious as it was the way the blockchain ball started rolling and it remains the technology’s primary application.

Then expanding a little the blockchain’s power within the same industry it’s useful in settling securities, trade finance, lending and all kinds of other financial applications that are a tiny bit more complex than a simple payment system. Those instances are payment and a little additional feature that can also take advantage of a blockchain.

Thus, such apps can evolve to become more workable as the payment system, which is at the heart of such operations, is better, faster, more reliable. Mr. Schwartz explained that Ripple has been focused on settling international payments for years (since its inception, really) because of that reason.

But those use cases are not in the future. Among the applications mentioned in the previous paragraph, payments and storage of value have been there since Bitcoin came online, and the other cases are already a reality implemented, among other blockchain projects, by Ripple (and by Mr. Schwartz in person).

The future

If we start looking for use cases other than settling payments, continued Mr. Schwartz, “things can get more speculative.”

Private blockchains could offer zero-knowledge proof to solve problems such as tracking luxury goods, vaccines and all kinds of delicate merchandise or commodities. Zero-knowledge proofs are an application of cryptographic technology (and let’s not forget that blockchains are cryptography-based) that allows two parties to settle a discussion regarding what one of them can do. It works like this: let’s say you and I want to do business together.

But before we get the ball rolling, you need to know if I have the expertise actually to do what I say I can do. Traditionally there are two ways of dealing with a situation with this. You can trust my word, or I can give you a demonstration. Both options are detrimental to one of us. If you believe my word, it’s possible that I’m not as good as I said, so you’ll be involved in a losing partnership for you.

On the other hand, if I give you a demonstration and you observe carefully what I’m doing, then you could learn to do it yourself, so I’m no longer needed in the partnership, and I lose an opportunity to do business.

Cryptography solves this situation with zero-knowledge scenarios. In this context, I would be able to show you I can do what I say in a way that you wouldn’t need to have any doubts at all, but without you learning any of the details of what I’m actually doing. This is nothing short of magic, and it’s one of the most amazing applications scientists have found for cryptography, but it’s real, and it works. So in that way, we eliminate the need for you to trust me or the risk I have to expose my expertise. And this could be done on a blockchain network.

Another compelling use case would be the ability to create a consortium without all the hard work and complications that usually come with that kind of enterprise.

Mr. Schwartz emphasized the blockchain’s benefits as enhancing security and reliability. The inherent decentralization of a blockchain means that a blockchain computing system doesn’t have a downtime, which is something you can never say about a traditional database running on a central server (even if the server is in a cloud) which can go offline if something happens to the central authority that owns and manages the database.

Also, a blockchain needs not to worry about so-called “bad data” because every node in the network verifies the information in the ledger (the ledger is the pieces of useful data shared and maintained by the system as a whole through a variety of algorithms designed to achieve consensus and guarantee consistency). And this actually makes things simpler and cheaper because you don’t need to put all your resources on a central repository that you need to protect and manage.

So there you have it. Ripple’s answer was short and to the point. But it’s the opinion of an authority so it’s worth to know and to keep in mind what a crypto personality such as Mr. Schwartz is thinking because that’s how blockchain technology could develop in the months and years to come.

It’s all a bit technical and, as he said, speculative. Maybe a little Sci-Fi so far. But remember: before Bitcoin came online the blockchain didn’t exist even as a speculative idea except in Satoshi Nakamoto’s mind so we could see all these things develop and become a reality sometime soon.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Tron (TRX)’s use cases: Present and the future

By | Edited By Ali Qamar,,

Tron

Tron is a third-generation blockchain network. It means that it’s by no means as “simple” as, say, the Bitcoin or the Litecoin blockchains whose sole purpose is to support the existence and operation of a cryptocurrency. As first-generation blockchains, those kinds of networks have nothing to worry about except for producing new blocks that can keep the system going so the payments network keeps working and their respective tokens can be traded, exchanged, and preferably, rising in value.

Don’t get us wrong; we’re not picking on Bitcoin or any of the token-centric blockchains. All of them (Bitcoin above all) are revolutionary technologies. Those are the projects that started the digital currency movement which could disrupt the world’s financial system in such a profound way that, in the long-term, could help us to dispense with the government (or central bank) controlled fiat currencies (which are worth something only by consensus) and the world’s banking system. But the blockchain has evolved, and it keeps moving forward.

Second-generation blockchains

Vitalik Buterin found the way to turn a blockchain network into a programmable platform that supports the development and deployment of smart contracts and decentralized applications. That’s what Ethereum is, and that’s the source of the enormous prestige it still has, and why it remains the world’s second cryptocurrency by market capitalization in spite of all the complaints Ethereum users have expressed on the network’s performance and costs over the last few months.

Third-generation blockchains

And then the third-generation blockchains appeared such as EOS, Tron, Cardano, and many others. These can do everything that Ethereum does and then something extra. Tron, for instance, aims to turn the web into a blockchain network thus decentralizing it entirely and taking power away from central authorities.

It could seem like a very ambitious goal, but it’s moving in that direction. Sometime during this year, Tron will turn BitTorrent (the world’s largest P2P decentralized network) into a blockchain-based distribution network for the content of all kinds.

This all means that Tron was born with versatility in mind, thinking about all kinds of use cases for the network (and, consequently, for its currency, Tronix or TRX). The Tron Foundation has worked hard to secure many strategic partnerships that ensure a plethora of use cases for Tron as a network and as a cryptocurrency.

Tron’s use cases

First and foremost, TRX is useful to navigate and take maximal advantage of the vast amount of decentralized applications you can find in the Tron Network. Gaming applications of all sorts, as well. As like any digital coin, an obvious use case of TRX is in trading it, particularly at one of the many decentralized exchanges developed with the Tron’s blockchain and variegated tokens in mind.

As BitTorrent merges into Tron, it will become the most extensive use case in the network, fueled by the BTT Tron-based token. BitTorrent will turn Tron into the world’s largest blockchain network because it was already huge before.

Also, the project has been trying to find use cases that take advantage of TRX as a cryptocurrency and payment system. Those options include support at travala.com (where you can book rooms at more than half a million hotels over the planet), SpendCard, TroncardIo, Bitnovo (which sells cryptocurrencies in cash in thousands of supermarkets and convenience stores all over Europe) and BitcoinSuperst1, which facilitates cryptocurrency payments for more than 200 thousand stores.

And there’s more to come.

Tether is moving its flagship stable coin to Tron’s network. It is called USDT-Tron, and it will be a cryptocurrency in which a physical dollar will support every token, and Tether and Tron will issue it as a TRC-20 coin (that’s already started, and in fact, Tron blockchain occupies 2% of Tether supply now as we write this post).

We already talked about BitTorrent joining the Tron network. And then there are the BeatzCoin, dAppEvolution, Bitgo, Swarm and the SunNetwork future use cases.

On top of everything, the Tron foundation is working hard in improving the currency privacy features, and that will open many new use cases as the token will then be able (maybe) to compete directly with coins like Monero, Verge or ZCash which privilege privacy and suppression of traceability.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.