If you came here for a status update on Bitcoin (BTC), not much has changed.
I hate to be the bearer of bad news, but it’s been 2 months now and the world’s leading cryptocurrency is still bouncing around in the $3,500 range.
That’s saying a lot, considering BTC shares were priced close to $20 grand a little over a year ago.
Either way, Bitcoin’s recent sideways action has not only caused investors to lose interest in the coin itself, but also the industry as a whole.
The thing is, there are still smaller tokens out there that are now more profitable than ever before!
Let’s take a closer look at one of these less popular currencies that’s currently leading the charge.
Since the holidays, TRON (TRX), has gone up more than 130% in value, outperforming both Bitcoin and the U.S. dollar in the process!
Because of this growth, this up-and-coming token is now worth over $2 billion!
According to coinmarketcap.com, TRON has earned itself an eighth place spot in the rankings of the world’s largest cryptocurrencies.
To make matters even more appealing, an analyst at Weiss Ratings said that TRON currently has “the most bullish looking chart of any top 10 project right now”.
And it’s hard to argue otherwise… take a look at the chart for TRX below.
From December onward, TRX shares have done nothing but bounce higher and higher.
If you happened to hop on the TRON bandwagon as this climb was just starting out, you would’ve easily DOUBLED your original buy-in!
Not bad, considering how flat the market has been lately.
To say the least, TRON is in an uptrend and if shares continue to stick to this trajectory, we’ll most definitely see it move up in the ranks.
Because of Bitcoin’s recent stagnant behavior, the king of crypto is slowly losing popularity, causing investors to shop elsewhere for cryptocurrency profits.
If you’re someone who’s looking to earn some cash from crypto, then you may want to consider trading smaller tokens, like TRON, at least for the time being.
As I mentioned, TRX is already up more than 130% and the chart gives every indication that shares will remain in that upward trajectory.
There’s no denying the fact that Bitcoin has a huge influence over the crypto in general, but you shouldn’t let its recent volatility discourage you from making the most out of the market.
There are still THOUSANDS of digital coins out there, TRON is just one, but as far as I can tell, it’s in a great spot in terms of profitability.
