Tron Community Excited For TRX Coin Price Potential Despite Dropping From $.25 To $.02 In 2018
Tron Community Excited About Future Price Potential
Virtual currencies and the crypto market are in a bear trend since the beginning of the current year. However, crypto enthusiasts are ready to enter once the bulls dominate the market.
However, Tron’s (TRX) community panicked when they knew that Tron’s price support was broken multiple times. Although the network showed very promising numbers in terms of transactions and performance compared with Ethereum (ETH), enthusiasts decided to show their negative comments on the matter.
On Twitter, there were several Tron users that were complaining about the situation and spreading FUD – something that is not good for the whole crypto environment.
However, Justin Sun, the CEO and founder of the Tron Foundation, has been working with the Binance Blockchain Charity Foundation (BCF). Mr. Sun donated $3 million dollars to the project that aims at helping those individuals in need all over the world.
Thanks @justinsuntron for @Tronfoundation ’s generous donation to Blockchain Charity Foundation. "We want to donate money for good cause". Industry leaders are reshaping the industry landscape https://t.co/A1kTlfseCg
— Binance Charity Foundation (@BinanceBCF) October 24, 2018
Changpeng Zaho, Binance CEO explained that moving money to solve social problems also helps to increase adoption. Justin Sun was not the only individual donating for the BCF, but many other crypto enthusiasts and companies have already done that.
Justin Sun is usually commenting on Twitter about Tron’s progress and the different initiatives in which he and the Tron Foundation are involved. For example, just some weeks ago, Tron mainnet accounts were able to surpass 500,000 growing at a speed of 100,000 new accounts per month. It is important to mention that Tron’s mainnet was launched less than four months ago and did not face the same problems as other networks such as EOS which has also been launched recently.
At the time of writing, Tron is the 11th virtual currency by market capitalization with $1.54 billion dollars. Additionally, each coin can be bought for $0.0234 dollars, according to CoinMarketCap.