Reveal the truth behind the surge in TRX!
If you haven't caught this wave of market, you may feel a little regretful.
The rise of TRC20 chain, TRX's ride
Recently, the TRC20 chain has quickly become popular in the field of digital currency transfers due to its high efficiency and low cost. Have you ever been troubled by the high USDT transfer fee? The congestion and high fees of the Ethereum chain have almost marginalized the erc20 standard. And TRC20 has naturally become the user's first choice with its low price and excellent performance.
Tether's additional issuance, TRX's unexpected surprise
What is more eye-catching is the recent issuance of 10 billion Tether. This move not only increased the activity of the TRC20 chain, but also brought indirect benefits to TRX in each transfer and sale of Tether. This undoubtedly provides strong support for the rise of TRX.
Future Outlook of TRX
Although the price of TRX may fluctuate in the short term, in the long run, it has the potential to continue to strengthen due to the popularity of the TRC20 chain and the dividends brought by the issuance of Tether. Therefore, for investors, TRX is undoubtedly an option worth paying attention to.
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