Recently there have been rumors of TRON partnering with ChainLink, which has increased the value of TRX. This partnership would help the users experience smart contracts based on real-time signals, which would make the network even more desirable. Justin Sun is planning on giving away 20 million USD in cash as an airdrop and a Tesla to the winner, which created an astounding number of followers in a short duration. Tron's hard fork has finally gone live on 28th February 2019, with the Odyssey v3.5 upgrade, with 3 TRON protocols (TIP12, TIP 16 and TIP 17) going live, too. After the hard fork happened, TRON released another upgrade for TronGrid 2.0, which enables affordable and easy ways for the developers to develop Dapps. After this remarkable hard fork event, TRON Now has around 1.9 million TRX wallets with 1,978,032 accounts on the Tron network.
Recently Justin Sun labeled TRON as the "ethereum killer" as TRON Dapps were dominating the decentralized apps marketplace. TRON is focusing on another significant leap into a brighter and more prominent future by announcing the update to version Odyssey 3.1 that was achieved with the general community consensus. The new update would introduce the overall better performance of the network regarding smart contract operations, stressing on the fact that the new update should be most appealing to the users and developers of decentralized applications.
TRON's partnership with BitTorrent and starting up with a new ICO, which is already six times its ICO price, also created a positive impact on TRON's price. BTT got sold out on Binance's launchpad at less than 14 minutes, that too 17 million. BitTorrent hype has evidently pushed TRON upwards, as it has been seen to outperform other cryptocurrencies. Some market experts are linking the rate of TRX's price growth to the Chinese New year
Because of these significant developments that have happened previously, Tron’s potential has increased and is certain that it would experience success soon. Justin Sun has a very good relationship with the market leaders and Tron has partnered with BitForex, FX market company- Shiftmarkets, and even the Chinese exchange OTCBTC. Its partnership with BitForex paves the way to TRON remaining bullish for the years to come. Justin Sun is very influential and has already jotted down TRON's roadmap, which includes multiple partnerships.
Tron is created by Justin Sun, a 26-year-old Chinese student who previously worked for Ripple. This coin was designed to transform the way content and publications are being published. Moreover, it facilitates sharing of content to major service providers such as YouTube or Facebook as the content creator, which lets one have total control over one’s own data, wherein you will be compensated for your own content.
TRON has recently announced a 100 million USD worth gaming fund which will be spent over the next 3 years, also known as the TRON ARCADE. This gives the developers a platform and money they need to build on top of TRON. It is mainly being used by artists, musicians, and other creative people. People who are active in social media or are used to gambling will love Tron and its uses.
With the market being so volatile, predicting the price of the cryptocurrencies is really one of the most difficult tasks.
Let’s consider the publications and personalities, and their statement regarding the Tron (TRX) price prediction, which will give us a fairer idea:
According to investingpr, Tron might rise to $1 only in five years, and that sounds like a realistic and conservative prediction.
According to jiomobilephone1500, they predicted that Tron might not go up as much as $5 by 2019 end as they believe 2019 is going to prove favorable for it. They even added that by 2020, they believe TRX might reach around $47, to be bullish optimistic.
By 2019, Tron will grow as it will regain new investors from payment platforms like PayPal, which can make its value rise up to $1.5 per coin.
Cointame gave a very conservative pessimistic prediction of Tron, wherein they stated that by 2019, TRX might reach $0.633, and might touch $1 by the end of 2020.
Tron, being one of the most surging cryptos, it has very good potential to grow in the market. Tron ranked 56th a few months back, but now it has secured the 10th position according to CoinMarketCap. As Tron is being emerged from Ethereum, there are good possibilities for it to reach 0.4 USD in the coming 5-8 months.
Although Tron might grow, its rate of growth might not be high as compared to its fellow currencies. But from 2019 and thereafter, it might take a faster pace as it has its roadmap sorted and full of growth and developments planned. Project Atlas is going to get rolled out in 2019, which would integrate TRON's latest acquisition- BitTorrent to make it even more secure.
Justin Sun’s relationship with Jack Ma predicts mergence or convergence potential in the near future, which might lead to Tron’s success story. Tron will heavily boost up its price this year. In the first two quarters, it will be lingering across 0.05 to 0.06 USD. But in the third quarter, it picks up its pace, wherein it reaches $0.07, and by the end 2019, it will reach up to $0.11, which is positive as compared to the last year. In 2019, TRX is expected to experience a huge boost in security and privacy.
Tron for the first time can reach 0.4 dollar mark. But this year will be a bit more fluctuating as compared to the previous year. It is going to reach the highest peak in July, after which it will go down to 0.3 and eventually will decline more to $0.24 in December 2020
Its price prediction depends on its acceptance ratio. So, by 2020 more and more organizations can adopt its technology, which will make it more valuable. It is going to be accepted by startups especially the publishing startups or music startups.
The TRX price is expected to see some increase in May as investors witnessed a rally in recent days before slight correction. TRON price prediction suggests that the TRON price is up for a long-term 1536.75% in the TRX price value with a 5-year investment. This means that in the year 2023, the TRON Price is forecasted to stand at $0.54. You convert TRX to BTC from CoinSwitch at best rates.
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2019-03-18 13:26:09.056655 | 2 min