When you’re looking to invest in cryptocurrencies, the numbers of options which you will have are plenty. You have to, however, keep in mind that among so many different options, it is always necessary for you to choose the best pick. You need to understand that when you’re shortlisting a few cryptocurrencies for investment, you have to compare them. Only once you are able to compare them, it will become easier for you to select the right cryptocurrency. Also, the development teams of various cryptocurrencies are working consistently in order to better the blockchain and also in order to ensure that they are getting more and more tie-ups as well. You have to take all of these factors into account and thereafter you have to think about investing in cryptocurrencies.
Today, we will speak about 2 well-known cryptocurrencies. The 1st is Ethereum. Ethereum is the most popular blockchain in the world. It is used by a wide variety of developer’s as well as ICO’s. On the other hand, we will speak about Tron. Tron is a bit lesser-known. It is also recently launched as well when you compare it with Ethereum. However, we will today be comparing both of this cryptocurrencies to help you better understand which one is better.
Why should you invest in Tron?
Tron was launched recently. It was launched around 12 months back. Ever since then, it has increased in value significantly. This is due to the fact that the influence of the developer of Tron is pretty significant. The CEO is Justin Sun. The vision of the CEO is to ensure that Tron can be used for decentralized as well as Democratic applications. Also, Tron is launching the main network as well. Once this is launched, proper decentralization will be made possible. Also, after the launch of this network, scalability will grow significantly as well. Once the network is launched the fees will be as low as 0.00001 TRX per transaction. This is actually almost 0. As a result, its use will increase. Moreover, the marketing behind Tron is pretty significant.
On the other hand, when you look at Ethereum it is being used by various ICO’s as well as decentralized applications. It has been in the top 5 most valued cryptocurrencies for a long period of time. Also, the dominance is here to stay as well. However, if the scalability problems are not solved, some of the other cryptocurrency can go past it pretty soon.
Thus, when you’re comparing Ethereum the Tron, you need to realize that if you want to secure portfolio, Ethereum is the perfect option for you. However, Tron is currently being valued at lower valuations. That is why you can buy Tron in bulk.