As you may know, on 21st of June TRON project will launch its own Blockchain, what means that on that date TRON is going to pass from being a token inside ERC20 Ethereum protocol to a coin inside its own Blockchain mainnet.
In this case, if you are holding TRON at a local wallet, the most convenient to you is to transfer those tokens to any exchange which will support TRON in this transition. Before that date, of course...
For instance, recently, BITTREX has announced its support via Twitter:
"TRON will be upgrading their blockchain from an Ethereum ERC20 token to a new mainnet and blockchain. TRON will retain the balance of the addresses in the new TRON blockchain.
Users' TRON Bittrex exchange balance totals will reflect the same total that they had prior to the swap in a 1:1 manner. The old TRON tokens will no longer be supported or be traded on Bittrex.
Bittrex will re-enable the TRON tokens (TRX) wallet when we and the TRON team agree that the migration is satisfactory.
"Note: Bittrex will be closing our TRX wallet and may stop trading the token to take accurate snapshots of balances. If any TRX deposits you had sent to Bittrex are not settled (e.g. marked as pending) by 6:00 PM PT, on 06/20/2018 (1:00 AM on 06/21/2018 UTC), you may not be credited with TRX.
We would like to thank the TRON team for working closely with us."
source
- As I wrote in this post , the "double-bottom pattern" indicated the activation of the reversal bullish cycle at TRON. In particular this is the chart I posted:
- Today, the first traget has been achieved, but still, the 5th wave formation is in play, so it is a extensive wave and the price will bring TRX beyond 0.12 USD in short:
- My forecast fro TRON in the coming weeks: I guess TRX is going to break its own ATH (0.24USD) by reaching 0.33 USD or higher at mid-June in the formation of the third impulsive wave (roman numbers below). It would mean an increase of 267%.
- Will see what will happen from Mid-June on wards but, I guess there will be many people selling profits and so, others trying to jump in "train" desperately (see the 4th wave in roman numbers).
- After that, maybe there will be some time as well to buy and get another ATH, perhaps coinciding with another announcement from TRON devs, of the success of TRON Blockchain performance.
Next weeks are going to be a sort of orgasmic party at the crypto market.
I don't know you but I am taking as well TRON's train... I get some tokens already before Christmas because I have the firm conviction that it is a very good project, as so does EOS...It's time to think #beyondbitcoin .
Next station...the MOON!
Enjoy Cryptoland!
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently.
Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.