Investor Insight: Tron (TRX) and Nano (NANO) Are the Two Coins to Buy As the Bullish Trend Returns In the Crypto Market $NANO

The crypto market is unpredictable, however, it is almost certain that the prices tend to go up after an extended sell-off. The digital currencies sustained considerable gains on Friday last week following the regulatory news in Japan. Hacking attacks have also become a concern on various exchanges. It is vital that once coins are purchased they be stored in a wallet and not on exchanges. Well, unless the coins are for trading on the exchange platforms. Tron (TRX) and Nano (NANO) are two of the best coins to buy as the market shows the signs of recovery but the prices are still low and quite affordable.

Tron (TRX)

Tron is a blockchain project that has its focus on the world of entertainment. The platform is decentralized and aims at supporting the distribution of entertainment content at no cost across the entire world using the blockchain technology. The platform gives users and content creators the ability to distribute content by publishing. Moreover, it allows them to have the content stored on the blockchain, therefore, guaranteeing security while being able to own the same data.

Tron released its mainnet on May 31 and has spent the past three weeks preparing for the token migration that started on June 21. Tron project has become one of the most talked about projects in the cryptocurrency industry. Its mainnet was also launched in the same month EOS went live with its EOSIO software. On June 26, the network will be holding the first representative election after the Independence Day held on June 25. Tron founder Justin Sun also informed the community of the launch of a secret project on June 31.

Tron Price Overview

Tron TRX price is currently trading at $0.042 at the time of writing. The crypto has recovered from the dip where it traded lows slightly below $0.038. Tron is a cryptocurrency that has a bright future. It has recently reclaimed its 9th position in the market with a market cap of $2.8 billion. The network has announced that is burning 1billion TRX tokens to ensure that the control inflation. It is vital to consider buying Tron now while the price is still low because it has the potential to surge above $0.1 before the end of the year.

Nano (NANO)

Nano (NANO) is a digital asset that was launched in 2015 by Colin LeMahieu. It was, however, launched as RaiBlocks but the team has rebranded to Nano in 2018 according to their roadmap. The Nano website explains the projects as “a low-latency payment platform that requires minimal resources; making Nano ideal for peer-to-peer transactions.”

Over the years the project has transformed to achieve the highest level of scalability. Nano is able to send over 1000x the transaction of Bitcoin per second. The team also boasts of the project being able to send instant transaction, it aims at being a day-to-day payment virtual currency. Furthermore, the users are given the privilege of using the NANO token without incurring transactions. This applies to all purchases made with the token whether it’s for a bus ticket or flight ticket.

Nano (NANO) Price Overview

Nano (NANO) price is currently changing hands at $2.41 while it is up 8.78% in the last 24 hours. It is ranked the 38th digital asset in the market. It has a market capitalization of $320,664,673 while its trading volume is at $ 6,930,600 in the last 24 hours.

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This information should not be interpreted as an endorsement of cryptocurrencies or a recommendation to invest. Historic performance is no guarantee of future returns. As an investment class, cryptocurrencies are speculative investments and investing in cryptocurrencies involves significant risks – they are highly volatile, vulnerable to hacking and capital loss and sensitive to secondary activity. Before investing you should obtain advice and decide whether the potential return outweighs the risks.