On 1. January 2020 will be unlocked 33 billion TRX. What these tokens are used, however, must be determined in the future.
Tron in the value of 445,5 million dollars
TRON will start from 2020, with a massive token-free circuit increases the current circulating supply of 66 billion, an increase of 50%. Be unlocked on the first day of the new year, 33 billion TRX.
The TRON Foundation has frozen the funds months after the Migration of Ethereum on your own home network. The account address is currently accessible to the public and can be viewed here.
It seems, however, that it is for the rich 33 billion in TRX, which will be released, still no exact Plan. TRON News has been questioned on Twitter recently, the Community, what should be done with the open-end Fund sharing.
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The opinions about what should be done with the billions of TRX, vary widely. Some argue that they should remain frozen, while others say that part of it should go to the developers of the TRON network.
Although the TRON Foundation is supposedly not for profit, there are fears that the Token could be dumped on the market. To current prices 33 billion TRX about 445,5 million Dollar value.
A part of the 33 billion could be burned. However, TRON is already planning (as announced in June), TRX in value from $20 million to buy back.
Regardless of the fact that TRX-Token to the value of $445M do not have a fixed short-term Plan is a cause for concern. It will also boost speculation about the recent Acquisition of Poloniex by TRON-CEO Justin Sun – the unlocked TRX, the stock market could.
At the beginning of the month of the Exchange was caught as he “tweeted Buy TRON” and the Tweet in the connection deleted. The Whole remained in the Community, of course, does not go unnoticed and caused belonging to ridicule. Many called it a fall from grace for the once popular Poloniex exchange.
Since there is no solid Plan, it is becoming increasingly clear that we must Believe TRON is simply that you are going with the 33 billion TRX not a Bad thing. However, as the crypto-should have knowledge of the industry, is confidence alone is rarely a good reason. Don’t trust, verify!