I have made a lot of TRX charts in the past and have spoken very highly on its bright future although all of the technical analysis has mostly been wrong for almost everyone. This is mostly true because of the fact that TRX is heavily manipulated. With that being said it begs the question why does not it want to move? I have a theory that it's a ticking time bomb. The coin is obviously being held down by whales and doesn't want to move because the people that own roughly 80% of all the coins don't want it to. But why? Think about this coin from the perspective of someone who holds large amounts of it. Who buys a coin that doesn't move? What purpose does that serve. The whales want to make money. That's obvious. With that being said when this coin is done being manipulated, I believe that this could happen with the release of the main net of TRX, we should make big moves. No person buys a ton of a coin just to sit there and watch it drop and drop and drop. Now lets say that it stops being manipulated and the main net gets released around the time of manipulation ending. The reason it's a ticking time bomb is its absurd volume and strong community backing. Volume is always top 10 and still it consolidates forever? The community believes in TRX has many crypto medias and most of twitter speak very highly of it but it never gives us the moon we all want. In conclusion I believe that TRX will move. It will have a future and upon release of there main net i'm going to invest in it.
TRX movement is not a matter of IF but a matter of WHEN
if you read this far thanks for taking the time out of your day to read my idea.
Good Luck!
TRX movement is not a matter of IF but a matter of WHEN
if you read this far thanks for taking the time out of your day to read my idea.
Good Luck!
Comment:
People already buying into it for test net launch as expected I hope you all joined in on this trade. Now it's time yo hodl.
Comment:
I held from 1k sats to 300 Sats to now 1k sats. Patience is a virtue.