Justin Sun, the co-founder of TRON updates the TRX followers with the latest developments and recently tweeted about some secret project designed by the developers of the BTFS and he even assured the concept would be revolutionary. With the release of the network version 1.0, TRON might go through innovation, which is great news for the TRX community.
TRON has been in the limelight since the inception of this month when tweeted about an upcoming project with BitTorrent, which is going to prove a big win for the blockchain community. After this, both TRX and BTT price increased by 20% and 10% respectively. All these big news might lead to TRX being the market player in the upcoming months.
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.
Currently, TRON is trading at $0.021111, with a market capitalization of 1,407,754,893 and a circulating supply of $66,682,072,191 TRX. Tron has gone down by 4.60%, and the 24-hour price chart indicates that $423,836,458 worth of TRON was trading, wherein the price peaked to $0.0221 and the lowest price was $0.0208.
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 11th 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.
Read more: Top TRON Wallets in 2019
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. You can convert BTC to TRX at the best rate at CoinSwitch.
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 1325.589% 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.
TRON has a great community of supporters and developers, where the founder himself is a great crypto enthusiast and believes in constant innovation. So, TRON might be one of the users' favorite cryptocurrency in the long run, as it has a huge support group from organizations all over the world. TRON even updates the enthusiasts about its every plans, and roadmap, which keeps the crypto enthusiasts thrilled. By 2025, TRX might reach $0.763.
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2019-08-12 07:25:09.728334 | 2 min