#5 Tron (TRX)
Although Tron (TRX-USD) is one of the cheapest cryptocurrencies in terms of tokens, it is one of the largest cryptocurrencies in the world. It is currently the 13th largest crypto token by market capitalization. The game Tron, which was originally launched five years ago, has stood the test of time.
Incredibly, a project launched five years ago is the “old guard” in this field. Unfortunately, in the fast-paced world of cryptocurrencies, this is the case.
Tron was originally launched as an ERC-20 token but has since transitioned to its own network. This project supports decentralized applications (dApps), smart contracts, and other blockchain systems. It is worth noting that Tron positions itself as an alternative to Ethereum as a platform for dApp deployment.
In addition, Tron has a mission that bodes well for the long term – it aims to directly reward content developers for their intellectual efforts using TRX tokens. In addition, there are no transaction fees. In this high-fee world of cryptocurrencies, that’s a huge selling point.
The Tron network is ideal for developing applications with large amounts of user-generated content and supports up to 2,000 transactions per second. It’s also lightning fast, which means Tron meets both speed and price requirements, which are key factors for both users and developers.
Tron is an established platform that has found its niche and is constantly introducing new enhancements. The network uses the consensus algorithm dPoS (Delegated Proof of Stake), which is fast and energy efficient, giving it an advantage over similar projects.