Review on Trexcoin by Stephen Toluwani
The project is at the edge of being abandoned. I wouldn't advice you to look it's advantages as it's risky
Trex is a project focused on facilitating Peer-to-peer transactions at low costs and better speeds. Currently this project takes up every form of being abandoned or in the process of being so. I take that to be my stance as I saw how very much the project has faltered to everything ranging from maintaining a good value and cutting off from it's community. Even the block explorer for the chain is almost expired with it's deal. The exchange for which it got listed recorded no volume moving and transactions hardly go through daily on its explorer. Even it's Admin on Telegram hasn't been seen for over a month. Despite it's good sides, this project is positioned for failure and collapse and I will so advice not to invest or use. Making a buy order for the coin is easy but to sell is the issue as there is hardly any buying order as many are trying to get out of the project rather than get entangled in it
Pros
- The project is still useful for moving money around with low fees
- Eco-friendly coin since its transition to PoS after it's last block mined using PoW in 2020
Cons
- Unresponsive support team. No new updates from them
- Community group has been closed from interacting
- Support for it's Block explorer will soon expire
- There is hardly any volume that goes through trading the coin
- Many sell orders with hardly a sell order makes TRX bad for buying or holding
