The only constant thing in life is change, even the crypto investors knows that. After reaching $4,000 two days ago, the flagship coin has declined in price and now trading at $3,900.
It looks like it was actually a “dead cat bounce” as predicted by Peter Brandt, an outspoken crypto enthusiast. The sell-off will continue again this week and more dips seems likely.
Although, Kintaro Capital reported today that Tron (TRX) is a good long-term investment, this is according to the analysis conducted by the platform.
The purchase of BitTorrent also gives TRX a boost in credibility as well as its integration of privacy features. Tron is still trading at $0.02 as of today, which is really promising of you’re looking to buy in bulk.