Tron (TRX) Super Representatives Election could turn out to be interesting for investors
Tron (TRX) super-representative election is fast approaching as it is scheduled to take place on June 26. It will be providing the investors a chance to gain a little profit on their own part.
How can the gaming industry affect the value of Tron?
Though the upcoming event has not been ‘exaggerated’ like the other Tron events, but there will be a number of new opportunities that are not available usually, BitcoinExchangeGuide reported. One of the representatives is Sky People, a local gaming company in South Korea. In an attempt, to get more voters they are providing a few rewards which include regular 35% airdrops of all the Tron tokens ever created, which will be eventually of much more worth as the company progresses. Also, development of the Sky People token, which is to happen only if they win in the super-representative election.
Apart from the benefits that the consumers will be reaping from the Sky People, participants will actually also be helping Tron to set its foot into the gaming industry. There are several other programs who want to be a part of the platform. This hints at the dominance of the crypto that’s growing in the market. Moreover, if suddenly the search for game sales will go up with the blockchain, the value of TRX will go high.
Tron Market Performance
It is to be noted that currently, Tron (TRX) has witnessed a 20.47% decline in price in the past 7 days. The cryptocurrency market has been trading sideways for the past couple of days and TRX is being affected by the bearish market. Currently, TRX is at the 10th position and is trading at $0.04 with a market capitalization of $2.77 billion. On June 13, TRX reached its monthly low of $0.03. However, the growing gaming industry may make TRX surpass $10 in value multiple times over. So, the Investors who like getting in at the ground level should take part in this election.
Meanwhile, Tron (TRX) is gearing up for the upcoming token migration that is scheduled to take place from June 21 to June 25. Justin Sun, the Tron founder has begun the countdown for the migration of tokens from ERC-20 to TRX. On June 25, the deposits will also be suspended. Deposits and withdrawals both will be starting on June 26. During this time period, the TRX trading will not be affected.
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