Tron (TRX) is one of the most promising digital currencies in the crypto space, and the digital currency is always in the spotlight. The Mainnet of the digital currency is now live, and the Tron Foundation burnt Tron tokens worth one billion on its independent day in order to keep the inflation of the coin under control.
With all these developments and events around the digital currency, one big question in the mind of investors and enthusiasts is what will be the value of Tron (TRX) by the end of this and beyond. Will the value of the digital currency test the $1.00 level by the end of this year? Well, here are some price predictions for the coin.
Tron (TRX) Price Trend
In January this year, Tron was trading at $0.049 and its market cap was $3.2 billion. After then, the value of the coin got as high as 25 cents with a market cap of over $16.7 billion, but the digital currency later declined and started trading at $0.037.
TRON Price Today: Current Price of TRX
At the moment, Tron is changing hands at $0.0381 after an increase of 4 percent over the past twenty-four hours. The current market cap of the digital currency is $2.49 billion and a trading volume of $88.46 million over the past twenty-four hours.
Tron (TRX) Price Prediction 2018
There are a lot of predictions about the value of the digital currency, and a lot of people believe the value of the coin will increase. Experts in the industry have predicted that the value of Tron (TRX) will get to the $1 mark in the next 5 years. Tron has a total of 65 million TRX tokens in circulation, and as the adoption of the coin increases and more developers opt for the platform of Tron, the value of the coin will continue to increase.
WalletInvestor has predicted that the value of Tron (TRX) will get to 10 cents by the end of this year. This prediction is quite achievable since the digital currency recently migrated from the blockchain of Ethereum.