Hey! you know Tron is one of the most sought after currencies in the
- Tron Price Today
- What is Tron?
- Technical Analysis
- Specialist’s Perspective
- Tron Price prediction
- Latest Updates
TRON Price Today
As of today, Tron is trading at $ 0.01766, with a market cap of $ 1.18 B 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
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.
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 of $0.22 was achieved on 5 January 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 current price of $0.02261 represents a drop of 48% compared to the price on Jan 1, 2018.
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 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 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 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 and News
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.
The Great China Pump affected TRX price
With President Xi endorsing the blockchain adoption in China, the news has affected the whole crypto industry in a positive manner. Bitcoin and Altcoins price surged. TRX price too rose by 30% overnight to reach $0.021.
TRON Released The Sun Network Version 1.0
TRON foundation released the code for Tron’s side-chain scaling solution which is Sun Network Version 1.0. The tweet read:
“Sun network protocol as a whole is focused on the efficient execution of smart contracts, improving network performance and reducing fees.”
TRX Listing On Major Exchange is Justin’s Top Priority
The founder, Justin Sun says TRX listing on the American version of Binance or Coinbase is the company’s top priority. TRON mentioned this through a tweet:
“Yes. It is our #1 priority now. We will have a full team including me dedicated to this matter. We will get all these things done with #TRON speed! #TRX $TRX.”
Police raid Tron’s Beijing office
According to the reports on July 8, The Tron office in Beijing has been surrounded by police as a crowd gathered to protest against a Chinese Ponzi scheme that went under a Tron-like name.
As can be seen on the videos, people are apparently considering Tron to be the fraudulent entity, with the crowd reportedly yelling “Tron is a scam.”
Further, Tron CEO Justin Sun said on the news calling out headlines claiming that Tron’s office was raided by police as “fake news.”
Justin Sun postpones lunch with Warren Buffett
On 22nd July, the Tron Foundation announced the postponement of Warren Buffett lunch and press conferences as founder and CEO of Tron, Justin Sun falls ill with kidney stones. The platform also claimed that the parties have “agreed to reschedule at a later date.”
Justin Sun Denies Money Laundering Accusations
Soon after the announcement to postpone a long-awaited lunch with Warren Buffett, the reports came suggesting that the rescheduling was due to illegal fundraising, porn transaction facilitation, gambling and money laundering accusations in a post on Chinese social media platform Weibo published on July 23.
Further, Justin Sun broadcast a live video from San Francisco to disprove reports that he was prevented from leaving China due to a police investigation.