Tron (available on Binance) (TRX) – Last night at 11 PM EST, the Tron (available on Binance) main net officially launched in Shanghai.
#Tron (available on Binance) Mainnet is awake! Our journey to independence begins. Stay tuned to Twitter for the livestream conference in less than 1 hour… #TRX $TRX pic.twitter.com/fs6k3cH7m7
— Justin Sun (@justinsunTron (available on Binance)) May 31, 2018
Many expected this main net launch to propel the price of TRX to all-time highs, but it did quite the opposite. In the month of may, TRX has dropped nearly -40% and this week alone, TRX has fallen over -15%.
While this is just the very beginning of what the project seeks to do, it seems investor confidence is not quite there. Most of the coins in the top 15 are making considerable gains on the market today, while TRX remains in the red.
You can view the Tron (available on Binance) Team’s live stream from its main net launch party below.
#TRX $TRX A beginning of a new era. “A CALL FOR INDEPENDENCE” strategic conference about #Tron (available on Binance) Mainnet launch is on… https://t.co/UHVJZs29LQ
— Justin Sun (@justinsunTron (available on Binance)) May 31, 2018
It also remains unknown if the live stream to the main net launch also threw investors off. The information given in the 70-minute video was a reiteration of what has been dripped out by the Tron (available on Binance) team within the last two months. There was a token giveaway during the live stream – not a big surprise. Still, it remains unclear as to what has halted investors in investing more into Tron (available on Binance) on its launch day.