InformationPrice Prediction

Tron Price Prediction 2019 – Tron Might Reach $1

Hey! you know Tron is one of the most sought after currencies in 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.

Latest Updates and News

TRON CTO & Co-Founder Quits The Project

TRON Co-founder and CTO, Lucien Chen, quits the project. There are three reasons why he quit the project: TRON is no longer decentralized. It is also not associated with internet. It is deviated from the spirit and original intention of blockchain.

Completion Of Fourth BTT Airdrop

BTT Airdrop for TRX holders was announced in February, which is now completed successfully. However, the performance of TRON and BTT have been below expectation. Justin Sun has also announced that TRON will make its way back in top 10 by June and BitTorrent will be top 30 by Q2.

STARoll Launch On TRON

STARoll is one of the new and innovative decentralized game which is run by the TRON smart contract. Whale Rush is a new feature which the STARoll team designed.

A Bug Found In TRON

A researcher found a bug in TRON that could have crashed TRON’s $1.6 billion Blockchain with just one computer. This would have caused if bad actors consumed its CPU power with Distributed Denial of Service (DDoS).

The founder of Tron expressed happiness on getting unique and impressive invitation.Tron is creating history by becoming an official partner of  Liverpool.

Crypto wallet, Ledger supports all smart contract enabled TRC20 tokens.

Tron foundation released new app for both Ledger Nano S and Ledger Blue.

  • Magnum wallet to support TRC20 based USDT
  • Tron is available now on non-custodial exchange ‘changeNOW’ , which provides service for fast and limitless coin conversions.
  • Tron has partnered with Tether to bring USDT on Tron blockchain. The new coin helps users to trade US dollars and transact within the TRX ecosystem.

TRON Price Today

As of today, Tron is trading at $ 0.02637, with a market cap of $ 1,760.25 M also it ranks on the 11th 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 are being published. Moreover, it is easier to share content to major service providers like YouTube or Facebook as the content creator.

Recently, Tron announced a 100 million USD worth gaming fund for the next 3 years, the TRON ARCADE. This will provide the developers with a platform and money they need to build on top of TRON.

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 the early January 2018, later the price $0.22 was achieved on 5 January 2018.

While 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 current price of $0.02261 represents a drop of 48% compared to the price on Jan 1, 2018.

Specialist Perspective

The Tron coin is always a top discussion topic for many experts. According to Investingpr, Tron might go up to $1 in the next five years, and that sounds like a sensible and conservative prediction.

One of the popular website 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 2019 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.

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 https://t.co/8mGcypBf9J— Justin Sun (@justinsuntron) March 4, 2019

Tron Price Prediction 2019

Tron will heavily boost up its price this year. As Justin Sun’s association with Jack Ma will create potential in the near future. Also, this might lead to Tron’s success story. In the initial two quarters, it is between $0.05 to $0.06 USD.

But in the third quarter, it can reach up to $0.07, and by the end of 2019, it will be around $0.11, which is a positive growth as compared to the last year. In 2019, TRX is will have to experience more advancement in security and privacy.

Tron Price Prediction 2020

TradingBeasts.com predicts that in January 2020 a price between $0.05-$0.08 may be expected. By the end of December 2020, 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 2019. Eventually, by December 2020, a decline of 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.

What is your Tron price prediction for 2019? Share your predictions in the comments section below!

Summary
Description
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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