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RE: TRON (TRX) is Impulsing UP!

in #tron7 years ago

TRX has 100 Billion Coins in supply and 65.75 Billion coins in circulation. Great for pump and dump (lots of liquidity). But I just can't bring myself to put money into it. Even at 5 cent it is expensive compare to bitcoin or ethereum. Unless I am willing to hold it for at least a year or more, it is not for me. Like the dot com bubble...there will be a crypto bubble. Only the strong will survive, lets see if TRX will.

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the same comment was made about VERGE and EOS. Such did not stop their rise.

@haejin Still bullish on XVG? Dev keeps dropping the ball on Wraith

Just hoping it’ll pick back up.. bought in at $0.12 and again at 0.09 after its ath

Supply of a coin is irrelevant to the ease of pumping and dumping a coin. If you have the manpower to coordinate a pump and dump it will not be less profitable if there are less coins in circulation. What could effect it would be things like volume, number of exchanges, etc.

All these cryptos are "great for pump and dump" -- and TRX doesn't have much to hang its hat on...yet. Here's a good, if biased, read:

https://theindependentrepublic.com/2018/02/08/tron-trx-top-ten-coin/