Tron (TRX) – Ledger Will Draw In Large Investors And Push Up Price: Bull Run Coming!
Ledger is one of the most popular cold storage wallets for cryptocurrencies. Yesterday, the Ledger team announced that they would be listing Tron (TRX). Tron (TRX) is the 11th largest cryptocurrency by market cap size. It is down 2.39% over the past 24 hours and is currently trading at $0.037109. It can be bought on cryptocurrency exchanges such as CoinEx, Binance, HitBTC, and Gate.io. So why does this even matter for Tron (TRX), and why would it boost the long-term value of Tron (TRX)? Well, Tron (TRX) is a very young project, and its benefits to society will only be revealed with time. Trying to speculate on Tron (TRX)’s prices in the short-term is counterproductive, and investors are beginning to understand this. It’s investors that hold TRX for the long-haul that stand to benefit the most. Unfortunately, when looking to invest in crypto for the long-haul, leaving money in an exchange is never a good idea. Everyone has seen all the hacks that have taken place in the last 6 months. That’s why no large investor would buy a crypto and hold it in an exchange for 5 – 10 years. This also explains the recent market excitement, after Coinbase announced that had developed a custodial service for crypto investors. Investors knew that it’s a doorway for large investors to enter the market and drive volumes.As such, with the addition of Tron (TRX) to the ledger cold storage wallet, big money investors will start buying into Tron (TRX), looking to hold it for years on end. That’s because they are assured that their coins are safe, as they await for Tron (TRX) to work on its strategy. This influx of long-term buyers, mostly big money buyers is guaranteed to see Tron (TRX) surge in price to over $1.
