The Falling Sun

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The greatly anticipated Tron Defi token, Sun, may not have performed as well as expected by many.

The Falling SUN.jpg

From its all-time high of US$35.70 to its current price of US$14.67 at the point of my post.

The price fell by more than two times from its high.

Many would have noticed that most crypto prices have also fallen so it may not have surprised many.

Sun can be earned through staking via https://sun.io but the percentage of gain has been decreasing weekly.

Investors and stakers would be thinking whether Sun is worth the time and money but they would be thinking about its max supply is up to 19, 900, 730 SUN only.

Based on coinmarketcap, the circulating supply currently is 1,677,831 SUN. With its limited max supply, would it have a great rise when its max is being hit in future?

I think we cannot really predict accurately for sure.

Investing in SUN is definitely quite a risk so it is better to get it through staking since we do not incur cost for staking except for the transaction fee if we do not have TRX staked in Energy.

The cost of transaction on Tron blockchain is really cheap when we compared to the fee of ETH.

At the end of the day, it really depends on our own risk appetite and how much one can afford to lose without really cost a big burn in our finance.



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2 comments
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Hi, I really thought that TRON's DeFi could have a greater impact, but no. And in fact, the price has decreased and the profit margins at the percentage level have also dropped considerably.
Those who took advantage from the beginning are sure they could make some profit

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The early adopters did have the advantage indeed if they bought it at a lower price when the price dropped drastically.

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