CRYPTOWATCH: TRON (TRX)

Tron (TRX) is a blockchain-based protocol for a free content entertainment system, allowing each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.

This coming January 10, 2018, Justin Sun, the founder of TRON announced that they are going to burn 20% of their coins.

By the basic economics of supply and demand, assuming the demand does not change, the price is expected to go up since the supply will be limited.

Again, this assumes that the demand remains the same, then logically, price will increase.

TRX is available on Binance exchange.