TRON is the greatest scam the world has seen. Justin Sun hyped the price to unreal levels without a product, then sold at the height around new years ’17/18. Bought BitTorrent with the money. I’d stay far away from TRON
While I acknowledge the white paper was a fiasco, and they have made plenty of errors, it appears that the project itself is still actively under development and working towards some sort of goal. I am not vouching on the talent of their management though, I do have concerns there. I have a hard time calling a project that is under active development and investing in itself via developer hires, new offices and acquisitions a scam especially when the opportunity to exit was there.
The project had an inauspicious start but I feel the word scam does not belong here. Just my 2 cents. (Disclosure: I have a small bag. ~$150)
Those numbers are based on the market spot price, and not the order book support from real world buyers. Cryptocoin exchanges are mostly bots and the order books are mostly loaded with spoofed bids that are pulled away once real buyers and sellers start pushing one way or the other, hence the volatility.
This is a colossal scam. Not just scammy or unethical, but an ACTUAL scam.
It's amazing that such a clearly fraudulent project acquired any funding to begin with.