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Even though the market has been down for a while now, one crypto that has been increasing in value is Tron (TRX). Tron (TRX) has shown so much success within this period that research into what makes it behave like that has begun.
There's one thing that Tron (TRX), Calyx Token (CLX) and Ethereum (ETH) which is the world's second-biggest coin have in common and that's the power of being led by a community.
Let's take an in-depth look at these coins, how they are taking over the crypto world and why you should invest in them.
On visiting Tron's (TRX) website, the very first thing you'll see is the tagline, "decentralize the web". Being a big fan of DAO, its users are able to influence all decisions made in the community. Decentralized Autonomous Organizations are very transparent and verifiable. This is what makes it a very appealing platform when you compare them to other internally controlled systems that use traditional means of organization.
All transactions, as well as decisions of cryptocurrency, are made completely transparent and this is a beautiful move, especially when we consider the fear of scams associated with crypto.
Such unique transparency makes collaboration on the platform more viable since everything is open.
Tron's (TRX) desire to remain decentralized is not hidden at all, as they've stated their plans to accelerate the complete decentralization of the internet through blockchain and dApps. The developers have stated that they have agreed to numerous partnership deals with several world-class wallets that will help ensure that this decentralization plan yields positive outcomes.
Investors are saying that an investment in Tron (TRX) right now could see a 2× return before the year comes to an end. That's an impressive return for such high-ranking crypto.
Even though it has been badly hit by the latest market dip, Ethereum (ETH) has remained strong and unwavering at its top position just below Bitcoin (BTC).
It's not a surprise that large parts of Ethereum's (ETH) success is as a result of its impressive decentralization protocol. Since it was able to give all the decision-making power to its users, Ethereum (ETH) has been able to secure its ecosystem with investors that have equal influence and authority
Ethereum's (ETH) website also confirms that investing in community-driven coins is the best way to move forward when it comes to working with strangers and donating to some charities. Such facts are what increase the ability to boost collaboration in their community, making sure users stay loyal.
Calyx Token (CLX) is new crypto that prides itself on a community-driven and permissionless protocol. As a new coin, Calyx Token (CLX) is very big on the community spirit and believes this is what will help it achieve its numerous goals. Calyx Token (CLX) promises that its members will get empowered through proper representation of agendas geared towards improving the ecosystem. This shows us how equal the developers want investors to be on the platform, through voting.
Calyx Token (CLX) also plans to advance the idea of community-driven cryptos by attaching CalyxDao to its structure. Its numerous plans and goals are nothing short of impressive and have made the coin a favourite among investors, even though it's still new.
Investing in community-driven coins is the new way to go now as you can see. The fact that they offer immense transparency and security is empowering and that's something every investor craves.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
