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Home News Altcoins

Tron (TRX) – Space jump game running on the Tron blockchain: Tron’s intrinsic value is growing

Tron's risk-reward ratio getting better as crypto prices drop

Nicholas by Nicholas
November 23, 2018
in Altcoins, News
Zilliqa
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Tron is at its lowest point in a long time. It is trading at just over one cent, and there is no much momentum this point. However, there is one fact that no one can deny, and that’s the fact that the Tron ecosystem is growing. For the past few months, the number of Dapps on the Tron ecosystem has risen exponentially.  The latest of them is the space jump game, a game that will run on the Tron network. The interesting part about this game is that payments will be made in tokens that have a value equivalent of 1 TRX. Here is a more detailed explanation about this game from the game owners.

The objective of the game is to get the highest possible score within the time frame of the game. The players wallets with the highest scores will win prizes in the form of tokens that has a value of 1 TRX for each token. Sound simple enough? Well the game will be open to all of the Tron community members and every single Tron community member that plays will have their score entered into a public leader board.

This game will add a huge amount of transaction volumes on the Tron blockchain, which will add to the overall value of Tron (TRX). As more of these applications develop on Tron (TRX), it stands to make a significant bounce in price once the bulls return. The value-v-price mismatch for Tron is very high at this point. There is no way that its price could continue to drop going into the future, with all these developments happening on the Tron blockchain.

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However, even from a purely speculative perspective, chances are that a well-timed position in Tron (TRX) at current prices could be quite profitable. That’s because, like most other altcoins, Tron (TRX) is down by over 90%. This means that there is no much room to drop going forward.

The only coins that present a significant risk at the current price are those with zero fundamentals. Such cryptos have a very high chance of going to zero if current market conditions persist. However, for those with fundamentals like those of Tron’s, there is no way they are going to zero.

Tron already has millions of users that it brought in from the Bittorent purchase. In essence, the worst that could happen to Tron at current prices is a prolonged period of inactivity and low trading volumes. But once the market rebounds and overall volumes increase, then Tron will be a money maker. At current prices, even a long position with a target of $0.04 would be an amazing return on investment. That’s a very practical target for any investor irrespective of whether they believe in Tron (TRX) long-term or not.

Speaking of long-term, with the number of Tron applications on the rise, Tron (TRX)’s long-term prospects are somewhat guaranteed.  It has what it takes to push above its 2017 prices in the long-run. It’s like Crypto has presented another opportunity for those who missed out in 2017.

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