InformationPrice Prediction

Tron Price Prediction 2020 – Will Tron Reach $1?

Hey! you know Tron is one of the most sought after currencies in the crypto world. Before you invest in Tron, Read this complete guide on the Tron coin. What is the future of Tron? Is it safe to invest in Tron? Check out these detailed predictions and forecast of Tron. 

TRON Price Today

As of today, Tron is trading at [coins symbol=”TRX”], with a market cap of [coinsMKTCAP sym=”TRX”] also it ranks on the 16th position on Coinmarketcap. Total circulating supply is 66,682,072,191 TRX  and total supply is 99,281,283,754 TRX.  

What is TRON?

Tron is a blockchain platform which came into existence in 2017. Justin Sun is the founder, who also previously worked for Ripple. This coin aims to transform and expand the way digital content and publications. Moreover, it is easier to share content with major service providers like YouTube or Facebook as the content creator. 

Technical Analysis

In September 2017, CoinMarketCap listed Tron at $0.002, with a trading volume of $48,512. The price of Tron was $0.044682 in early January 2018, later the price reached $0.22 on 5 January 2018.

However, since then, TRX price seems to be having a plunge until May 2018. While the previous day its biggest trading volume of $4,089,410,000 was posted and ever since a decline reflected for the remaining of 2018, with prices coming down to $0.03 in Feb to rise to $0.09 in May. The price of $0.02261 in Aug 2018  represents a drop of 48% compared to the price on Jan 1, 2018.

Ever since, there has been no change in the price. The whole of 2019 passed with minor fluctuations with no major spikes in the TRX price. Jun 2019 saw TRON coin price reaching $0.04 which the all-time high of 2019. TRX price ended 2019 with a low value of $0.013406. The 2019 price was completely different from earlier TRON predictions.

What specialists feel about TRON price in coming years?

Specialist Perspective of TRON Price in 2020

The Tron coin is always a top discussion topic for many experts. 

  • According to Investingpr, Tron coin price might go up to $1 in the next five years, and that sounds like a sensible and conservative prediction.
  • One of the popular websites, Walletinvestor.com predicts Tron to reach $0.168 USD in the next one year.
  • Another site Tradingbeasts.com states that it can go up to $0.28 USD with a difference of around 266.46% in the price.
  • Organicposts.com predicts the lowest price of $0.139 USD in 2020 on their site. Besides this, Coinliker.com has a completely different idea where it suggests the highest price for Tron price to be climbing $1.47 USD within 1 year.
  • According to Bitcoinrevolution.org, Tron coin price might go up to $1 in the next five years, and that sounds like a sensible and conservative prediction.

Why do experts see a future in TRON?

The developers are taking extra efforts in the improvement of TRON. Justin Sun, founder of TRON is always on the forefront, giving out special updates notifications. This has enhanced and cemented people’s trust on the crypto.

We Are Making Big Steps To Achieve Decentralized Finance With @Tether_to. #TRON Will Soon Have Its Own Stablecoin! This Will Benefit Our Entire Ecosystem And Make It Easier For Institutions To Access The TRON Blockchain?? $TRX $BTT— Justin Sun (@Justinsuntron) March 4, 2019

Tron Coin Price Prediction 2021

TradingBeasts.com predicts that in January 2021 a price between $0.05-$0.08 may be expected. By the end of December 2021, a high rise is expected at prices from $0.21 – $0.30.

Another site CoinSwitch forecasts Tron for the first time could reach the price of $0.4 and it will be more fluctuating than 2021. Eventually, by December 2021, a decline in the price is expected to $0.24.

Tron Coin Price Prediction 5 years

By 2020 more and more organizations can embrace this technology, as the price prediction depends on its acceptance ratio also as it rises it will be more valuable. Mostly startups like publishing startups or music startups will accept this.

The TRX price is expected to have some growth in May. TRX price prediction suggests that the TRON price can go up for a long-term 1536.75% in the TRX price value with a 5-year investment. This means the Tron Price is forecasted to stand at $0.54 in the year 2023.

Latest Updates 

TRON (TRX) Now on Poloniex Exchange 

TRON(TRX) is listed on Poloniex Exchange on November 12, 2019, says a Medium report. As per the report, three trading pairs will be available for customers – TRX/BTC, TRX/USDT and TRX/USDC from 15:00 UTC tomorrow.

McAfeeDex and TRON blockchain integration

John McAfee announced that McAfeeDEX will soon be integrated with the TRON blockchain on November 8. TRX Prices are supposed to increase once the exchange is live on TRON Blockchain.

Our Verdict

There are minor changes in the TRX cryptocurrency price forecast. Perhaps cryptocurrency will gradually grow over the years. It all depends on the development and the efforts of the team. The estimated cost of cryptocurrency in the next year may double to $0.03. However, it is impossible to predict TRX price as the  cryptocurrency market is unstable.

What is your Tron price prediction for 2020? Share your predictions on our Facebook and Twitter pages!

FAQ

Is TRON a dead investment?

No, TRON investment is actually a good option. The crypto is believed to gain momentum in the coming years. Developers are making great efforts in the improvement of TRON.

Will TRX Ever Surge?

The TRX price depends on the improvements. As Developers are making great efforts in improvement of TRON, the price is expected to gradually increase.

Can TRX Be Mined?

No, TRX can’t be mined. You can earn Tron and various other tokens via staking.

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Tron Price Prediction 2020 | Tron coin | Tron Price Prediction 2021
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Tron Price Prediction 2020 | Tron coin | Tron Price Prediction 2021
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Tron is a blockchain platform which came into existence in 2017. Created by Justin Sun, who previously worked for Ripple
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Qadir AK

Qadir Ak - Co-founder of Coinpedia Blog - His interest as crypto Author, Editor, Speaker at cryptocurrency conference has made him known as passionate blogger and startup in Asia.

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