Tron has been moving from one strength to the next, and now dominates the Dapps market, ahead of Ethereum and other platforms blockchains. A good portion of these Dapps are gaming related, which means that the gaming industry could be a major source of growth for Tron going into the future. That’s why Tron’s move into the South Korean gaming market is a big deal.
Latest news indicate that, Roy Liu, the head of business development at the Tron foundation has signed deals with two of South Korea’s largest gaming associations. The two are the Korea Mobile Game Association (KMGA) and Korea Blockchain Contents Association (KBCA). This MOU gives Tron a footing in the 4th largest gaming market in the world. The result is that, there could be an explosion of Korean games on the Tron blockchain. This could see the value of Tron (TRX) rise by a huge margin going into the future. That’s because, Tron (TRX) is the native token in the Tron ecosystem. As such, an increase in transaction volumes adds to the overall demand for TRX, and by extension, its price, and that’s welcome news for anyone invested in Tron (TRX).
But that’s not the only reason why to be bullish on Tron (TRX). On the whole, volumes on the Tron blockchain are likely to keep growing mainly due to BitTorrent. BitTorrent has more than 100 million users, and with the introduction of a monetary incentive through BTT, these volumes are likely to rise significantly, as more people move to seed and earn BTT tokens.
This is huge for Tron (TRX) because BTT tokens generated in Bittorent have to be converted to Tron (TRX) first, before they can be spent or converted into other digital assets. This will create massive liquidity for Tron (TRX) going into the future, and could see this crypto grow in value going forward.
With these fundamentals acting as a strong anchor for Tron (TRX), a change in sentiment in the entire market would help Tron (TRX) a huge deal. Already, there are signals that the market could be tuning bullish. For instance, since Bitcoin (BTC) touched the 200-day moving average on the weekly charts, it has been showing signs of strength.
This could be an indicator that the market has already hit the bottom, and that we could be in the early stages of another Bull Run. In such a scenario, then altcoins too are likely to start gaining. For strong altcoins like Tron (TRX), the gains could be exponential. Tron (TRX) has already proven in the last few weeks that it has the capacity to make exponential gains.
In essence, chances of Tron (TRX) topping a dollar or more in the next Bull Run are quite high. It achieved a good price in the last Bull Run without much of what it has achieved now, an indicator of its power to make massive gains in the future based on its current fundamental strengths.