One of the most significant reasons for the price value declines in the crypto trading market has been the selling pressure that stemmed from the absolute collapse of Terra (LUNA).
Seeing a well-known and successful token lose most of its value during a market crash left plenty fearing for their cryptocurrency wallets. But overall, the volatility of the market is beneficial.
This is because sudden price surges are a core element of the strategy of many who put their money in crypto tokens. Low prices allow you to buy tokens for the lowest price possible and potentially make a lot of profit when the price value suddenly rises.
Although many swear by this tactic, it depends on constant market analysis and observance. Some would suggest that your best chance at making money with cryptocurrency might be to invest in presales.
Could TRON (TRX) Compete With Crypto Giants?
The TRON platform is another Tron Foundation project that was launched and entered the market in 2018. The project is a public decentralised blockchain network and is based on the TRON protocol.
Not only is TRON similar to market-leading networks such as Solana, the project functions as the core of TRON ecosystem.
It enables community members to issue and transfer token assets, DAPP deployment and running, stake and vote for gains, etc.
Not only is the TRON network one of the market’s most secure public blockchains, it also successfully employs a decentralised network system.
TRON was designed to follow the philosophy of ‘Decentralise the Web’ and as such, allows for the creation and storage of data without third-party involvement
The main asset of the TRON ecosystem is TRX which allows for various application scenarios. One example is that it functions as the unit of account in NFT Marketplaces, allowing holders to obtain resources, vote and rewards issued in the form of TRX tokens.
Consider Buying In Quilvius (QVIU)’s Presale
Currently in the presale stage and yet to be priced in the market, Quilvius (QVIU) is a highly anticipated recent crypto project.
Aiming to improve the issues technology has brought to authors, Quilvius is a non-profit network with a revolutionary system for content sharing.
According to its whitepaper, Quilvius intends to build a platform that allows content creators to make money while providing services that contribute to book publishing and other cultural services.
Community members can access these services as well as make a living in this field. The Quilvius network bills itself as a place where you can make passive income.
Authors can sell books, articles and other projects in the Metaverse-supported Quilvius and contribute to the platform’s goal of making these accessible to all by stopping the elitism of learning culture.
The platform’s governance and utility token are QVIU. Not only is it based on Binance Smart Chain but it enables token holders to rent, purchase and publish works on the platform.
As the cryptosphere undergoes another crypto winter, a lot of enthusiasts are now buying tokens while the prices are low. This means that it could be beneficial for you to buy well-known and successful tokens such as TRX or put your money in a token that has not been priced in the market yet like QVIU.
