Tron has set itself up as the foremost competitor of Ethereum, which has suddenly captured the interest of Lindsay Lohan who had auctioned her NTF earlier this week. Interestingly, she had no clue that the NFT she was auctioning was actually a part of Ethereum, and not Bitcoin- as she previously believed. Her misconception was erased when her 8.4 million followers on social media cleared the air.
Since then, Lohan has been checking up on not just Ethereum, but other DeFi applications as well. She has been expressly scrolling through those applications which would allow investors to earn interest, lend funds, as well as swap assets- all without the hassle of any financial institution.
Lohan’s Tweet About Tron Is Fascinating- But Is She Too Late?
The irony in the entire situation? Lohan was checking up on Ethereum, but she came off as a fan of Tron. She recently tweeted that it was extremely fast, with no additional charges. Rightfully so, as it has been boasting the ability to go through 100x more transactions than Ethereum at a particular time. And let’s just put it out there- this is no mean achievement as most of the apps for DeFi are turning hugely popular.
Ethereum has been extremely used over the last year, and Tron is trying to get in on the game. Just the previous year, its founder went on a marketing spree to bring up users that would use the DeFi system of his blockchain. In a Summit meeting, Sun stated that they have been creating the DeFi ecosystem that has, till now, been synonymous with Ethereum. He precisely meant that every single product that was available on Ethereum would be available on Tron.
Unfortunately, Lohan’s tweet comes a bit too late as Tron has already started declining. According to a report published by Outlier Ventures, DeFi systems like EOS, Tron, Komodo, and Qtum are plummeting rapidly.
