TRON Mainnet Launch: Buy TRX on Hype and Sell Rallies

TRON Main net is scheduled to launch on May 31^st. Tron has planned to shed the ERC20 identity and migrate from the Ethereum platform. Once, TRON Mainnet goes live, Tron will no longer be an ERC20 token but will become a true token within its own blockchain. 

The launch of the TRON promises to bring a range of features that include a transaction rate “hundreds of times” faster than Ethereum. TRON mainnet has planned to go through a testing period subsequent to launch, along with the genesis block scheduled for June 25th. Overall, TRON will launch its virtual machine on May 25, mainnet on May 31, token migration is expected to follow on June 21, coupled with the first 27 super representative elections that is slated for June 26. Therefore, investors should buy TRX on rallies.

TRON has invested a significantly in streamlining the presentation of the project of TRON mainnet launch. For this TRON had launched a redesigned website on the May 15th that provides a range of new features meant to provide the TRON community with a greater level of insight into the progress of the project.

TRON Mainnet Launch

On May 31st (GMT+8) we launch #TRONmainnet and begin our move from the #Ethereum platform, with already more than 1 million $TRX hodlers ready for fair elections. Be sure to tune in for the livestream event. #TRON $TRX pic.twitter.com/yygAl2yCC6

— Tron Foundation (@Tronfoundation) May 20, 2018

TRON has recently launched Test Net launch, which within a week has expanded to 31 countries with 2500 nodes despite market was bearish. Test Net’s features includes basic network functions, transactions, and customizable modules, along with completed nodes.

Meanwhile, Justin Sun has announced the launch of TRON Virtual Machine (VM). TronVM v.0.1 is planned to be launched on May 25. The VM will complete the compatibility with the Ethereum VM, making dApps built upon the Ethereum blockchain interoperable with the TRON mainnet.

All Ethereum developers will be able to use an adapter to migrate seamlessly from Ethereum dApp projects to TRON. Moreover, VM launch will put TRON in a position to compete directly with Ethereum. Further, this will provides the blockchain industry with the opportunity to decouple from the “congested”, low efficiency, high fees, and steep learning curve of the Ethereum network. Additionally, this will also provide next-generation infrastructure and express lanes needed for global dApp development.

TRX Price Forecast

TRX is trading at $0.082 with a market capitalization of $5,400,214,575 . Within 5 years, it is expected to trade around over $1. TRX is expected to grow significantly due to the increased usage of the platform. Further, more and more developers have started using the platform, which will further result in the appreciation.

Additionally, Bixin, one of the superior cryptocurrency wallet platforms in the world, has declared that they will be supporting the TRON blockchain upgrade and TRX token migration. In addition, RightBTC, First Global Cryptocurrency Wallet In Dubai, is supporting TRON blockchain upgrade and token migration.

Overall, Tron community, and Justin Sun, the founder, are fully ready for the top six position. The price of TRX may trade higher but after the launch of mainnet, there can be a sell off.