Tron is one of the most talked about digital currencies in the crypto space. This is because of its recent developments and partnerships. Tron just finished its Mainnet update, and the elections of its Super Representatives are still ongoing.
Though the value of the coin is below 5 cents, it has the potential to be a long-term investment option. The Tron project has a great motive that could help to increase the value of TRX in the coming months.
TRON Price Today: Current Price of TRX
The crypto market has not been really favorable, but Tron has been able to secure an increase of 0.83 percent in the last twenty-four hours. Tron is currently trading at $0.0397 with a market cap of $2.97 billion and a trading volume of $216.36 million in the last twenty-four hours.
Tron (TRX) is trading below its key support level at 4 cents, and its next key support it at $0.0335. The decline in its value has also affected the way it trades with Ethereum (ETH) and Bitcoin (BTC). The value of TRX against ETH has reduced by 2.26 percent and by 3.25 percent against BTC.
Tron Price Prediction 2018
The all-time high of Tron (TRX) is $0.2874, and this happened during the golden age of digital currencies. Since then, the digital currency has lost about 85 percent of its value. But still, a lot of investors and crypto fans still believe in it, and they believe the coin can hit the $1 mark before the end of next year.
Despite all that is happening around the coin, it’s been able to expand its base to thirty-one nations successfully. Though the digital currency has been making the news almost every day, this has not caused the value to surge.
If the bulls set in, the digital currency can round up this year with values between 25 cents and 30 cents. If this does not happen, then the value of the coin would still be trading below 10 cents.